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Marie Berthe | Ryan Critch Real Estate Blog

Monday, June 6, 2016   /   by Marie Berthe

5 Reasons To Hire A Real Estate Pro

Whether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.
The 5 Reasons You NEED a Real Estate Professional in your corner haven’t changed, but have rather been strengthened due to the projections of higher mortgage interest rates & home prices as the market continues to recover.
1. What do you do with all this paperwork?
Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true Real Estate Professional is an expert in their market and can guide you through the stacks of paperwork necessary to make your dream a reality.
2. OK, so you found your dream house, now what?
According to the Orlando Regional REALTOR Association, there are over 230 poss? ...

Friday, June 3, 2016   /   by Marie Berthe

June is National Homeownership Month!

Some Highlights:
Paying rent is not a good investment, but owning is a great way to start building family wealth.
Not only does homeownership allow you to provide your children with great education, but you can also decide whether or not your child grows up with a pet.
Owning a home provides you with tax benefits while also providing you with more living space to move around in. ...

Wednesday, June 1, 2016   /   by Marie Berthe

A Possible Housing Meltdown? These Experts Respectfully Disagree

We want to let you know that “rumors of a new market meltdown” are not based on any reputable data. As proof, we offer you the comments of the following experts who have a totally different view on the current housing market.
Lawrence Yun, Chief Economist at NAR:
“In spite of deficient supply levels, stock market volatility and the paltry economic growth seen so far this year, the housing market did show resilience and had its best first quarter of existing-sales since 2007.”
Jonathan Smoke, Chief Economist at realtor.com:
“We had a triple crown of April home sales reports, so 2016 is in the pole position to earn best year of home sales in a decade.”
Andrea Riquier, MarketWatch housing reporter:
“I'm calling the end of the housing “recovery.” On to ‘expansion.’”
Freddie Mac:
“Despite the disappointing economic reports, we still forecast housing to maintain its momentum in 2016.”
Steven Russ ...

Tuesday, May 31, 2016   /   by Marie Berthe

How Does Housing Help Build Family Wealth?

As the economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate.
For example, let’s assume a young couple purchased and closed on a $250,000 home in January. What will that home be worth five years down the road? 
Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists every quarter. They ask them to project how residential prices will appreciate over the next five years. According to their latest survey, here is how much value that $250,000 house will gain in the coming years.

Over a five-year period, that homeowner can build their home equity to over $40,000. And, in many cases, home equity is large portion of a family&rs ...

Friday, May 27, 2016   /   by Marie Berthe

New & Existing Home Sales Climb

Some Highlights:
Both New Home Sales and Existing Home Sales are up month-over-month and year-over-year.
Inventory remains low which continues to drive home prices up as demand continues to exceed the 4.7-month inventory.
The median price of new homes is up 12% from March 2015, while the median price of existing homes is up 6.3% from April 2015. ...