What Is the Probability That Home Values Sink? With uncertainty about the economy triggered by a potential trade war, some are wondering about the probability that home values will sink. Some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop […]
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Millennial Buying Power Poised to Boost Homeownership
Millennial Buying Power Poised to Boost Homeownership In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes, “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials […]
Home Sales Expected to Continue Increasing
Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting home sales will increase nicely in 2020. Below is a chart depicting the projections of each entity for 2019, as well as for 2020. If you are in the market for buying or selling a home, Ken Couture is the best realtor in Las Vegas to help you. […]
Everybody Calm Down! This Is NOT 2008
Everybody Calm Down! This Is NOT 2008 Last week realtor.com released the results of a survey that produced three major revelations: 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur this year or next. 57% believe the next recession will be as bad or worse […]
A+ Reasons to Hire a Real Estate Pro
Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make. A real estate professional has the experience to help you confidently navigate through the entire process. Make sure you work with someone who knows the current market conditions […]
How Property Taxes Can Impact Your Mortgage Payment
How Property Taxes Can Impact Your Mortgage Payment When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? When applying for a mortgage, you’ll see one […]
Below are 5 compelling reasons listing your home for sale this fall makes sense.
Below are 5 compelling reasons listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase…and are […]
A Recession Does Not Equal a Housing Crisis
A Recession Does Not Equal a Housing Crisis There is plenty of talk in the media about a pending economic slowdown.The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.Many experts predict a potential recession is on the horizon. However, housing […]
Experts Predict a Strong Housing Market for the Rest of 2019
We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist for CoreLogic “We see the cooldown flattening or even […]
What Is the “Cost of Convenience” When Selling Your Home?
What Is the “Cost of Convenience” When Selling Your Home? When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer? According to Jovio, the definition is: “A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on homes. It […]
