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Where Are Home Prices Headed Over the Next 5 Years?

Where Are Home Prices Headed Over the Next 5 Years? | Simplifying The MarketToday, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

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What States Give You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]

Some Highlights:

  • Thinking of moving across the country? How far will your money take you?
  • The majority of states in the Midwest and South offer a lower cost of living compared to Northeast and Western states.
  • The ‘Biggest Bang for your Buck’ comes in Mississippi where, compared to the national average, you can actually purchase $115.34 worth of goods for $100.
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Luxury Home Sales & the Impact of the Stock Market

Luxury Home Sales & the Impact of the Stock Market | Simplifying The MarketIn a recent post, CoreLogic looked at the correlation between stocks and the sales of upper-end properties ($1 Million+ sales price). The report revealed:

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Real Estate Values Today Compared to Pre-2008 Peak

Real Estate Values Today Compared to Pre-2008 Peak | Simplifying The MarketThis housing market has many people talking about home values; where they are and where they are headed. It’s also interesting to look back and see how home prices compare to values prior to the housing crisis.

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Home Sales Up in Every Price Range over $100K!

Homes Sales Up in Every Price Range over $100K! | Simplifying The MarketThe National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure.

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Buying Remains 36% Cheaper Than Renting!

Buying Remains 36% Cheaper than Renting! | Simplifying The MarketIn the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

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Do You Know the Impact Your Interest Rate Makes? [INFOGRAPHIC]

Some Highlights:

  • Interest rates have come a long way in the last 30 years.
  • The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget.
  • Interest rates are at their lowest in years… RIGHT NOW!
  • If buying your first home, or moving up to the home of your dreams is in your future, now may be the time to act!
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Why You Should Hire a Real Estate Professional When Buying a Home!

Why You Should Hire a Real Estate Professional When Buying A Home! | Simplifying The MarketMany people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to go it on their own. In today’s market: you need an experienced professional!

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Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC]

Some Highlights:Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million.Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-yea…

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House Hasn’t Sold Yet? Take Another Look at Your Price!

House Hasn't Sold Yet? Take Another Look at Your Price! | Simplifying The MarketThe residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the summer as many real estate professionals are reporting bidding wars with listings actually selling above listing price. What about your house?

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Americans Believe Real Estate is Best Long-Term Investment

Americans Believe Real Estate is Best Long-Term Investment | Simplifying The MarketAccording to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment.

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The Top Reason to List Your House For Sale Now!

The Top Reason to List Your House For Sale Now! | Simplifying The MarketIf you are debating listing your house for sale this year, here is the #1 reason not to wait! 

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Brexit 1 Month Later: The Impact on Mortgage Rates

Brexit 1 Month Later: The Impact on Mortgage Rates | My KCMJust over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the U.S. residential mortgage market. Today, we want to look at the impact of the first 30 days.

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Slaying Myths About Home Buying [INFOGRAPHIC]

Some Highlights:Interest Rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!Credit score requirements to be approved for a mortgage continue to fall.

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Baby Boomers Are On the Move

Baby Boomers Are On the Move | Simplifying The MarketAccording to a Merrill Lynch study“an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement.

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Sales at Highest Pace in 9 Years! [INFOGRAPHIC]

Some Highlights:Sales of existing homes reached the highest annual pace in over 9 years at 5.29 million.Inventory remains below the 6-month norm and prices are still on the rise.Interest rates are at a historic low of 3.48%.

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3 Reasons to Buy Luxury Property THIS Year!!

3 Reasons to Buy Luxury Property THIS Year!! | Simplifying The MarketThe housing market is hot, with prices rising as demand far outpaces supply in almost every region. However, when it comes to luxury real estate, things are quite different. In the upper-end market, inventory is plentiful in most locations.

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BREXIT: What’s the FIXIT for U.S. Home Buyers and Sellers?

BREXIT: What’s the FIXIT for U.S. Home Buyers and Sellers? | Simplifying The MarketNow that much of the dust has settled and the panic has waned, let’s take a look at what impact Britain’s exit from the European Union may have on the U.S. housing market.

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Gap Between Homeowner’s & Appraiser’s Opinions Narrows Slightly

Gap Between Homeowner’s & Appraiser’s Opinions Narrows Slightly | Simplifying The MarketIn today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal.

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5 Reasons to Sell This Summer

5 Reasons to Sell This Summer | Simplifying The MarketAs the temperature rises, buyers are coming out ready to purchase their dream homes. The summer is a great time to list your home for sale. Here are five reasons why:

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Thinking You Should FSBO? Think Again [INFOGRAPHIC]

  • 88 % de los compradores buscaron su casa nueva en línea.
  • Utilizar un agente de bienes raíces puede dejarle $39,000 neto de más que si vende por su cuenta.
  • Hay una lista larga de gente con la que usted tiene que negociar cuando usted decide vender su casa, utilizar un profesional experimentado puede ayudar a aliviar el proceso.
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Hurry Up and List Your House TODAY!!

Hurry Up and List your House TODAY!! | Simplifying The MarketThat headline might be a little aggressive. However, as the data on the 2016 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!

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Happy Independence Day!

Happy Independence Day! | Simplifying The Market

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Thinking of Selling? 5 Reasons You Shouldn’t FSBO

Thinking of Selling? 5 Reasons You Shouldn’t FSBO | Simplifying The MarketIn today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

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