by DeAnna Morgan | Aug 16, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Some are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis....
by DeAnna Morgan | Aug 15, 2018 | First Time Home Buyers, For Buyers, Generation X, Millennials, Move-Up Buyers
It should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district...
by DeAnna Morgan | Aug 14, 2018 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment. It may seem hard to...
by DeAnna Morgan | Aug 13, 2018 | For Buyers, For Sellers, Move-Up Buyers
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales...
![Existing Home Sales Cooling Off This Summer [INFOGRAPHIC]](https://mortgagesbydeanna.com/wp-content/uploads/2018/08/20180810-Share-STM.jpg)
by DeAnna Morgan | Aug 10, 2018 | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights: According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year. Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures, but still remains under the...
by DeAnna Morgan | Aug 9, 2018 | For Buyers, For Sellers, Housing Market Updates, Pricing
Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as: “The...
