Tips and Advice

Are you Selling?

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 […]

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5 Reasons Homeownership Makes ‘Cents’

5 Reasons Homeownership Makes ‘Cents’ | Simplifying The MarketThe American Dream of homeownership is alive and well. Recent reports show that the US homeownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer, but there are many basic similarities. Today we want to talk about the top 5 financial reasons […]

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Low Inventory Causes Home Prices to Maintain Fast Growth

Low Inventory Causes Home Prices to Maintain Fast Growth | Simplifying The MarketThe National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all metros. Lawrence Yun, Chief Economist at […]

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How to Save on a Mortgage Payment Whether Buying or Selling

How to Save on a Mortgage Payment Whether Buying or Selling | Simplifying The MarketIn Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains: “Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest housing markets – and […]

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Moving-Up to a Luxury Home? Now’s the Time!

Moving-Up to a Luxury Home? Now’s the Time! | Simplifying The MarketIf your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.  The inventory of homes for sale in the luxury […]

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Thinking of Selling? You Should Do It TODAY!!

Thinking of Selling? You Should Do It TODAY!! | Simplifying The MarketThat headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY! In a recent article by CBS News, they explained that the number of existing home sales is shrinking, […]

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4 Reasons to Sell This Fall

Some Highlights:

Buyer demand continues to outpace the supply of homes for sale! Buyers are often competing with one another for the listings that are available!
Housing inventory is still under the 6-month supply that is needed for a normal housin…

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Net Worth of Homeowners 44X Greater than Renters

Net Worth of Homeowners 44X Greater than Renters | Simplifying The MarketEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth of homeowners was $231,400 – a 15% increase since 2013. At the same time, the median net […]

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The Truth About Homeowner Equity

The Truth About Homeowner Equity | Simplifying The MarketA recent article from a reputable news source was titled: Here’s why some homeowners still can’t sell. In the opening bullets of the article, the author claimed, “Negative equity is one of the main reasons why there are so few homes for sale.” The article then goes on to soften that stance but we want […]

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Are you Buying?

What’s Going On With Home Prices?

By Frank Valente | Oct 9, 2018

What’s Going On With Home Prices? | Simplifying The MarketAccording to CoreLogic’s latest Home Price Insights Report, national home prices in August were up 5.5% from August 2017. This marks the first time since June 2016 that home prices did not appreciate by at least 6.0% year-over-year. CoreLogic’s Chief Economist Frank Nothaft gave some insight into this change, “The rise in mortgage rates this […]

Read More

The True Cost of NOT Owning Your Home

By Frank Valente | Oct 8, 2018

The True Cost of NOT Owning Your Home | Simplifying The MarketOwning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. Realtor.com reported that: “Buying remains the more attractive option in the long term – that remains the […]

Read More

Are We About to Enter a Buyers’ Market?

By Frank Valente | Oct 4, 2018

Are We About to Enter a Buyers’ Market? | Simplifying The MarketHome sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening? The market has definitely softened. […]

Read More

5 Reasons You Should Sell This Fall!

By Frank Valente | Sep 6, 2018

5 Reasons You Should Sell This Fall! | Simplifying The MarketHere are five reasons why 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 very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! […]

Read More

Rents Are on The Rise: Don’t Get Caught in The Rental Trap!

By Frank Valente | Sep 4, 2018

Rents Are on The Rise: Don’t Get Caught in The Rental Trap! | Simplifying The MarketThere are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped  A recent article by Apartment List addressed rising rents by stating: “Our national rent index is up 0.1 percent month-over-month, marking the sixth straight month of […]

Read More

What State Gives You the Most ‘Bang for Your Buck’?

By Frank Valente | Sep 1, 2018

Some Highlights:

The majority of states in the Midwest and South offer a lower cost of living than states in the Northeast and West.
The ‘biggest bang for your buck’ comes in Mississippi where, compared to the national average, you can actually purc…

Read More

5 Real Estate Reality TV Myths Explained

By Frank Valente | Aug 30, 2018

5 Real Estate Reality TV Myths Explained | Simplifying The MarketHave you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one sitting. When you’re in the middle of your real […]

Read More

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

By Frank Valente | Aug 29, 2018

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market? | Simplifying The MarketLast week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of all listings had a price cut in […]

Read More

Rent or Buy: Either Way You’re Paying A Mortgage!

By Frank Valente | Aug 27, 2018

Rent or Buy: Either Way You’re Paying A Mortgage! | Simplifying The MarketThere are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in […]

Read More

Frequently Asked Questions

What’s Going On With Home Prices?

By Frank Valente | Oct 9, 2018

What’s Going On With Home Prices? | Simplifying The MarketAccording to CoreLogic’s latest Home Price Insights Report, national home prices in August were up 5.5% from August 2017. This marks the first time since June 2016 that home prices did not appreciate by at least 6.0% year-over-year. CoreLogic’s Chief Economist Frank Nothaft gave some insight into this change, “The rise in mortgage rates this […]

Read More

The True Cost of NOT Owning Your Home

By Frank Valente | Oct 8, 2018

The True Cost of NOT Owning Your Home | Simplifying The MarketOwning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. Realtor.com reported that: “Buying remains the more attractive option in the long term – that remains the […]

Read More

Are We About to Enter a Buyers’ Market?

By Frank Valente | Oct 4, 2018

Are We About to Enter a Buyers’ Market? | Simplifying The MarketHome sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening? The market has definitely softened. […]

Read More

5 Reasons You Should Sell This Fall!

By Frank Valente | Sep 6, 2018

5 Reasons You Should Sell This Fall! | Simplifying The MarketHere are five reasons why 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 very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! […]

Read More

Rents Are on The Rise: Don’t Get Caught in The Rental Trap!

By Frank Valente | Sep 4, 2018

Rents Are on The Rise: Don’t Get Caught in The Rental Trap! | Simplifying The MarketThere are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped  A recent article by Apartment List addressed rising rents by stating: “Our national rent index is up 0.1 percent month-over-month, marking the sixth straight month of […]

Read More

What State Gives You the Most ‘Bang for Your Buck’?

By Frank Valente | Sep 1, 2018

Some Highlights:

The majority of states in the Midwest and South offer a lower cost of living than states in the Northeast and West.
The ‘biggest bang for your buck’ comes in Mississippi where, compared to the national average, you can actually purc…

Read More

5 Real Estate Reality TV Myths Explained

By Frank Valente | Aug 30, 2018

5 Real Estate Reality TV Myths Explained | Simplifying The MarketHave you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one sitting. When you’re in the middle of your real […]

Read More

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

By Frank Valente | Aug 29, 2018

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market? | Simplifying The MarketLast week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of all listings had a price cut in […]

Read More

Rent or Buy: Either Way You’re Paying A Mortgage!

By Frank Valente | Aug 27, 2018

Rent or Buy: Either Way You’re Paying A Mortgage! | Simplifying The MarketThere are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in […]

Read More