22
Mar 19

Memo: Bad Handwriting Affects Work Communication, Study Says


Perhaps it’s time to work on penmanship.
READ MORE…

Powered by WPeMatico


22
Mar 19

Emma Stone Clearly Enjoys a Wallpaper Moment, As Seen in Her Beverly Hills Home for Sale


*Insert ‘La-La Land’ joke here*
READ MORE…

Powered by WPeMatico


22
Mar 19

7 Things We Learned from Bobby Berk’s New Lifestyle Site


*Adds to bookmarks bar*
READ MORE…

Powered by WPeMatico


22
Mar 19

These Are The Top 3 Reasons You Might Not Get a Mortgage


You thought doing your taxes was a nightmare? Wait until you apply for a mortgage.
READ MORE…

Powered by WPeMatico


22
Mar 19

Check Out Courteney Cox’s Nostalgic Visit to Her ‘Friends’ Apartment Building


“The One Where My Rent Went Up $12,000”
READ MORE…

Powered by WPeMatico


21
Mar 19

Is Your House Priced To Sell Immediately (PTSI)?

In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important things you can do.

According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 4.4% over the last 12 months. By this time next year, CoreLogic predicts that home values will be 4.6% higher.

With prices slowing from their previous pace, homeowners must realize that pricing their homes a little OVER market value to leave room for negotiation will actually dramatically decrease the number of buyers who will see their listing! (see the chart below)Is Your House Priced To Sell Immediately (PTSI)? | Simplifying The MarketInstead of the seller trying to ‘win’ the negotiation with one buyer, they should price their house so that demand for the home is maximized. By doing so, the seller will not be negotiating with a buyer over the price, but will instead have multiple buyers competing with each other over the house.

The key to selling your house in 2019 is making sure your house is Priced To Sell Immediately (PTSI)! That way, your home will be seen by the most buyers and will sell at a great price before more competition comes to market!

Bottom Line

If you are debating listing your house for sale, let’s get together to discuss how to price your home appropriately for our area and maximize your exposure this Spring Market!

Powered by WPeMatico


21
Mar 19

Dyson Just Launched Three New Products–Including Their Smartest Vacuum Yet


Dyson’s latest products are annoyingly incredible.
READ MORE…

Powered by WPeMatico


21
Mar 19

Here’s How You Can Save on a Costco Membership


Because who doesn’t love a bargain?
READ MORE…

Powered by WPeMatico


20
Mar 19

Do 46 Million Millennials Know They Are Mortgage Ready?

Do 46 Million Millennials Know They Are Mortgage Ready? | Simplifying The Market

Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream.

Millennials have taken longer to obtain traditional milestones than the generations before them, such as getting married, having kids, and buying a home. However, that does not mean that they do not still aspire to achieve those things.

History shows that people tend to buy their first home around age 30. Nearly 5 million millennials will turn 30 in the next two years. This will continue to fuel demand for housing.

This is also one of the many reasons why the millennial homeownership rate has continued to grow over the past few years. 48.4% of Americans between the ages of 30-34 now own a home.

There are over 46 million millennials (33% of the generation) who are considered “Mortgage Ready”, meaning they meet the qualifications to be approved for a mortgage today!

  • a FICO Score ≥ 620
  • a Back-End Debt to Income Ratio ≤ 25%
  • no Foreclosures or Bankruptcies in the last 7 years
  • no severe delinquencies in 1 year

Rob Chrane, CEO of Down Payment Resource, commented on the findings of the report,

“We now know there are millions of buyers with the income & credit necessary to qualify to buy a home. The biggest question is:

Do they know it? …Unfortunately, many renters don’t investigate homeownership simply because they don’t believe it’s an option.”

The good news is that more and more millennials are realizing that they can afford a home now. Even so, more can be done to increase awareness of low down payment programs to attract even more of this generation.

New data from realtor.com shows that in December, millennials accounted for 42% of all new home loans originated in the month. This is more than any other generation.

Bottom Line

If you are one of the many millennials who may be “Mortgage Ready” but are unsure what your next steps should be, let’s get together to help guide you on your path to homeownership!

Powered by WPeMatico


20
Mar 19

West Elm Is Offering 20% Off (Almost) Everything—Here Are Four Picks We Spotted Recently in House Tours


Steal their style—and don’t pay full price.
READ MORE…

Powered by WPeMatico