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The Past, Present & Future of Home Prices

The Past, Present & Future of Home Prices | Simplifying The MarketCoreLogic released their most current Home Price Index last week. In the report, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month and projected over the next twelve months.

Home Prices Up 5.61% Across The Country! [INFOGRAPHIC]

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
  • Vermont was the only one state where home prices are actually lower than they were last year.

New Construction Numbers: Now Versus 2005

New Construction Numbers: Now Versus 2005 | Simplifying The MarketThere is some thinking that the pace of the housing recovery is unsustainable and that we may be heading for another housing bubble. However, Jonathan Smoke, the Chief Economist of realtor.com explains the basic difference between 2005 and today:

Is the Current Pace of Home Sales Sustainable?

Is the Current Pace of Home Sales Sustainable? | Simplifying The MarketThere are some experts questioning whether the current pace of residential home sales is sustainable. 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.

5 Reasons to Sell This Fall

5 Reasons to Sell This Fall | Simplifying The MarketSchool is back in session, the holidays are right around the corner, you might not think that now is the best time to sell your house. But with inventory below historic numbers and demand still strong, you could be missing out on a great opportunity for your family.

14,767 Homes Sold Yesterday… Did Yours?

14,767 Homes Sold Yesterday… Did Yours? | Simplifying The MarketThere are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly.

Want to Get an A? Hire A Real Estate Pro [INFOGRAPHIC]

Some Highlights:

  • Hiring a Real Estate Professional to buy your dream home, or sell your current house, is one of the most educated decisions you can make!
  • A Real Estate Professional has the experience needed to help you through the entire process.
  • Make sure that you hire someone who knows current market conditions and can simply and effectively explain them to you and your family!

The Housing Market is Doing Just Fine

The Housing Market is Doing Just Fine | Simplifying The MarketThere are some that think that housing affordability is a challenge. Historically, that’s not true. Others think that home prices are approaching bubble values. If we look back over the last sixteen years, that is also not the case. As a matter of fact, the numbers show that the U.S. residential real estate market is doing just fine.

Home Values: DEFINITELY NOT in Bubble Range!!

Home Values: DEFINITELY NOT in Bubble Range!! | Simplifying The MarketThere are some industry pundits claiming that residential home values have risen too quickly and that current levels are on the verge of another housing bubble. It is easy to see how this thinking has taken form if we look at a graph of home prices from 2000 to today.

Why Is There So Much Paperwork to Sign to Get a Mortgage?

Why Is There So Much Paperwork to Sign to Get a Mortgage? | Simplifying The MarketWe are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form.