Blog

  • Existing Home Sales Slowed by a Lack of Listings [INFOGRAPHIC]

    Some Highlights:

    • The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply.
    • Existing home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, but down 0.9% from October 2016.
    • NAR’s Chief Economist, Lawrence Yun, had this to say: “While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.”
    Written by Denise Zervos
  • Bubble Alert! Is it Getting Too Easy to Get a Mortgage?

    There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. In fact, in just the last year: More buyers […]
    Written by Denise Zervos
  • Access is an Important Factor in Getting Your House SOLD!

    So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process, and they have asked you what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by Condition, […]
    Written by Denise Zervos
  • Homeowners: Your House Must Be Sold TWICE

    In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for […]
    Written by Denise Zervos
  • Top 4 Home Renovations for Maximum ROI [INFOGRAPHIC]

    Some Highlights:

    • Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On Investment” (ROI).
    • While big projects like adding a bathroom or a complete remodel of a kitchen are popular ways to increase a home’s value, something as simple as updating landscaping and curb appeal can have a quick impact on a home’s value.
    Written by Denise Zervos
  • Your Friends Are Crazy Wrong If They’re Telling You Not to Buy

    The current narrative is that home prices have risen so much so that it is no longer a smart idea to purchase a home. Your family and friends might suggest that buying a home right now (whether a first-time home or a move-up home) makes absolutely no sense from an affordability standpoint. They are wrong! […]
    Written by Denise Zervos
  • Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope!

    Whether you are a renter who is searching for your dream home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place. According to data from the National Association of Realtors’ Profile of Home Buyers & Sellers, the average amount of […]
    Written by Denise Zervos
  • Mortgage Interest Rates Are Going Up… Should I Wait to Buy?

    Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters. This has caused some purchasers to lament the fact that they may no longer be able to get a […]
    Written by Denise Zervos
  • 7 Reasons to List Your Home This Holiday Season

    Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are seven great reasons not to wait: Relocation buyers are […]
    Written by Denise Zervos