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Is the Current Pace of Home Sales Maintainable?

Is the Current Pace of Home Sales Maintainable? | Simplifying The MarketThere are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market.

Is the Current Pace of Home Sales Maintainable?

Is the Current Pace of Home Sales Maintainable? | Simplifying The MarketThere are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market.

Homes are Selling Fast Across the Country [INFOGRAPHIC]

Homes are Selling Fast Across the Country [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
  • Homes sold in 60 days or less in 36 out of 50 states, and Washington D.C.
  • Homes typically went under contract in 34 days in March!

Your Tax Return: Bring it Home

Your Tax Return: Bring it Home | Simplifying The MarketThis time of year, many people eagerly check their mailboxes looking for their tax return check from the IRS. But, what do most people plan to do with the money? GO Banking Rates recently surveyed Americans and asked the question – “What do you plan on doing with your tax refund?”

Real Estate Mogul: Here’s Why You Should Buy

Real Estate Mogul: Here’s Why You Should Buy | Simplifying The MarketReal Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house?

3 Charts That Shout, ‘List Your Home Today!’

3 Charts That Shout, ‘List Your Home Today!’ | Simplifying The MarketIn school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise.

How Fast Can You Save for a Down Payment?

How Fast Can You Save for a Down Payment? | Simplifying The MarketSaving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long would it take you to save for a down payment in each state?

Slaying Home Buying Myths [INFOGRAPHIC]

Some Highlights:Interest rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!The credit score requirements for mortgage approval continue to fall.

Tax Return Depressing? Owning a Home Could Help

Tax Return Depressing? Owning a Home Could Help | Simplifying The MarketMany Americans got some depressing news last week; either their tax return was not as large as they had hoped or, in some cases, they were told they owed additional money to either the Federal or State government or both. One way to save on taxes is to own your own home.

Measuring Your Ability to Achieve the American Dream

Measuring Your Ability to Achieve the American Dream | Simplifying The MarketForbes.com recently released the results of their new American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.”