Friday, May 13, 2016 / by Marie Berthe
Some Highlights:
Home sales are up 1.5% year-over-year and 5.1% month-over-month.
Demand is still much higher than the available housing inventory which declined 2.2% from March 2015.
This is the 49th consecutive month with year-over-year price gains.
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Monday, May 9, 2016 / by Marie Berthe
Spring is in full force; the summer months are right around the corner. If you are debating moving up to your dream home, here are four great reasons to consider listing your current home and moving up to your dream home now, instead of waiting.
1. Buyer Demand is High & Inventory is Low
Recent numbers show that buyer demand is at the highest peak experienced in years, and inventory for sale is at a 4.5-month supply, which is still markedly lower than the 6 months needed for a historically normal market.
Demand in many markets is far exceeding the supply, and more properties in March sold in less than 30 days (42%) than in any month since last July.
Listing your home today can greatly increase exposure to buyers who are out in force and ready to act.
2. Prices Will Continue to Rise
CoreLogic recently released their latest Home Price Index in which they predict that national home values will appreciate by 5.3% by this time next year.
The bottom in. ...
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Friday, May 6, 2016 / by Marie Berthe
Some Highlights:
Real estate outranks stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans.
Real estate is ranked as the best long-term investment among all age groups.
Millennials rank both real estate and savings/CDs at 26% when it comes to the best long-term investment. ...
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Wednesday, May 4, 2016 / by Marie Berthe
The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds.
Here is the breakdown:
The survey revealed that real estate was the number one choice among each of the following groups:
Men
Women
People between the ages of 18-29
People between the ages of 30-49
People between the ages of 50-64
People 65 and older
People with annual earnings of less than $30,000
People with annual earnings between $30,000 and $74,999
People with annual earnings of over $75,000
People with a college degree
People without a college degree
Even stock investors ranked real estate number one. According to the report:
“With housing prices showing a steadier path upward in recent months, even stock invest ...
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Monday, May 2, 2016 / by Marie Berthe
Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that:
"The housing market has bottomed. It's not too late to get involved. I still think buying a home is the best investment any individual can make. Affordability is still at an all-time high."
When asked how the average person could take advantage of the current real estate market at the time, Paulson said:
“Buy a home and, if you can, buy a second home.”
Two years ago, Paulson reiterated his statement, saying:
"I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of."
Who is John Paulson and why should you listen to him?
Paulson is the person who, back in 2005 & 2006, made a fortune betting that the subprime mortgage mess would ca ...
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