Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad time to buy” hit […]

In real estate, it’s normal to see ebbs and flows in the market.  Typically, the summer months are slower-paced than the traditionally busy spring.  But this isn’t a typical summer.  As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually strong summer season. Here’s how […]

  Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record levels. […]

For many young or first-time homebuyers, purchasing a home can feel intimidating.  A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value by […]