Article by: Simplifying the Market™Originally Published: February 22, 2018, 11:00 amMortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year. What impact will rising rates have on house values? Many quickly jump to the […]
Which Comes First… Marriage or Mortgage?
Article by: Simplifying the Market™Originally Published: February 14, 2018, 11:00 amAccording to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2017 at 57% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing […]
Low Inventory Pushes Home Prices Higher
Article by: Simplifying the Market™Originally Published: February 13, 2018, 11:00 amAccording to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase. Dr. Frank Nothaft, Chief Economist for CoreLogic, gave insight […]