Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) on a monthly and yearly basis. Their…
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to strengthen in 2019. However, there is one thing that…
Gorgeous curb appeal to greet you each day! Enjoy breezy mornings, with a cup of coffee, on the covered porch. When you enter the Foyer, notice the tile flooring that extends throughout most of the home, with carpet in the bedrooms. Crown molding adorns all common area rooms and adds elegance! The Family Room will wow you with it’s custom electric fireplace, with gorgeous stone surrounds & mantle – the perfect amount of ambiance for an evening of snuggling on the sofa while watching movies! Beautiful Kitchen has an abundance of cabinetry & granite counters, as well as tile backsplash, stainless appliances & breakfast bar seating with tile wall to avoid scuffs while seated. The Master Suite is a great place to escape after a long day; or, take it further and relax in the Master Bathroom, with it’s double sinks, separate shower & deep, soaking tub – where you can wash your cares away. It also features a walk-in closet. The backyard has ample green space, too! No flooding.
Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets which is causing prices…
Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur…
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a mortgage. The truth…
When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a home purchase! Most homebuyers start by…
So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to a quality listing. At the top of the list is access, followed by condition, financing,…
Absolutely stunning inside & out! Lush landscaping will welcome you home each day. Upon entering, notice the tile flooring in the Foyer that extends throughout most of the home, as well as gorgeous, coffered ceilings & 4″ crown molding – adding the right amount of elegance. The Generous Kitchen is where the chef in the family can be found, offering an abundance of granite counters & 42″ cabinetry, stainless appliances including gas range & high bar with seating. You’ll find the Family Room a great place to settle in and relax, and the gas log fireplace will provide the perfect accompaniment for this! If you’re looking for a more private relaxation, head to the Master Suite – which has gorgeous wood flooring! Go a step further to the Master Bathroom & unwind in the corner, jetted tub, or simply wash your cares away in the oversized shower. Grab a glass of wine and step outside, where you’ll find an amazing outdoor Kitchen & fireplace for those who want to dine al fresco! No flooding!
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. Every market is different. Before you renew your lease again, find…