Article by: Simplifying the Market™Originally Published: April 30, 2018, 10:00 amThere are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational […]
“Short of a war or stock market crash…”
Article by: Simplifying the Market™Originally Published: April 26, 2018, 10:00 amThis month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way: A 5% increase in home prices increases payments by roughly 5% A 1% rise […]
House Prices: Simply a Matter of Supply & Demand
Article by: Simplifying the Market™Originally Published: April 5, 2018, 10:00 amWhy are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as: “the […]
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