Tips and Advice

Are you Selling?

How to Get the Most Money from the Sale of Your Home

How to Get the Most Money from the Sale of Your Home | Simplifying The MarketEvery homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW  This may seem counterintuitive. However, let’s look at […]

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Lack of Existing Home Inventory Slows Sales Heading into Fall

Some Highlights:

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report.
First-time homebuyers made up 31% of all sales in August.
Homes are selling quickly with 51% of homes on the market for less than …

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Why Are So Few Homes for Sale?

Why Are So Few Homes for Sale? | Simplifying The MarketThere is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light on the reasons for the […]

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More Americans Say Now is a Good Time to Sell!

More Americans Say Now is a Good Time to Sell! | Simplifying The MarketRecently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents who say now is a good time to sell. The index is now 21 points higher than it was this time last year. Overall, 62% of Americans surveyed […]

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How many months to get your home SOLD?

How many months will your home be on the market before you are under contract. I just pulled some statistics for Placer, Eldorado, and Sacramento county. One way to study the market is to compare the number if ACTIVE homes versus the number of SOLD homes (for a particular market and time frame). For the overall region of Sacramento, Placer, El Dorado, and all price points, the marketing time to get a home under contract is 50 days. But is there a difference depending on price point?  Absolutely! If we look at the market for homes under $400K, the marketing…

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Home Sales Expected to Increase Nicely in 2018

Home Sales Expected to Increase Nicely in 2018 | Simplifying The MarketFreddie Mac, Fannie Mae, and The Mortgage Bankers Association are all projecting that home sales will increase in 2018. Here is a chart showing what each entity is projecting in sales for the remainder of this year and the next. As we can see, each entity is projecting sizable increases in home sales next year. If you […]

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Home Prices Up 8% for the Sacramento region.

Home Prices Up 6.64% Across the Country! [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
  • Alaska & West Virginia were the only states where home prices are lower than they were last year.
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5 Reasons to Sell This Fall

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

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America Needs Your House!!

America Needs Your House!! | Simplifying The MarketThe biggest challenge in today’s real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue (emphases added): Mark Fleming, First American’s Chief Economist “The underlying fundamental issue is an overwhelming lack of supply… The supply of […]

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Are you Buying?

7 Reasons to List Your Home This Holiday Season

By Frank Valente | Nov 13, 2017

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 […]

Read More

5 Reasons Homeownership Makes ‘Cents’

By Frank Valente | Nov 8, 2017

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 […]

Read More

Low Inventory Causes Home Prices to Maintain Fast Growth

By Frank Valente | Nov 6, 2017

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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Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

By Frank Valente | Oct 30, 2017

Renting or Buying…Either Way, You're Paying Someone's Mortgage | Simplifying The MarketThere are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize 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 their article, “12 Practical […]

Read More

How to Save on a Mortgage Payment Whether Buying or Selling

By Frank Valente | Oct 26, 2017

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 […]

Read More

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

By Frank Valente | Oct 18, 2017

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 […]

Read More

Buying Remains Cheaper Than Renting in 39 States!

By Frank Valente | Oct 17, 2017

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up […]

Read More

Thinking of Selling? You Should Do It TODAY!!

By Frank Valente | Oct 16, 2017

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, […]

Read More

4 Reasons to Sell This Fall

By Frank Valente | Oct 13, 2017

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…

Read More

Frequently Asked Questions

7 Reasons to List Your Home This Holiday Season

By Frank Valente | Nov 13, 2017

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 […]

Read More

5 Reasons Homeownership Makes ‘Cents’

By Frank Valente | Nov 8, 2017

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 […]

Read More

Low Inventory Causes Home Prices to Maintain Fast Growth

By Frank Valente | Nov 6, 2017

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 […]

Read More

Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

By Frank Valente | Oct 30, 2017

Renting or Buying…Either Way, You're Paying Someone's Mortgage | Simplifying The MarketThere are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize 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 their article, “12 Practical […]

Read More

How to Save on a Mortgage Payment Whether Buying or Selling

By Frank Valente | Oct 26, 2017

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 […]

Read More

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

By Frank Valente | Oct 18, 2017

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 […]

Read More

Buying Remains Cheaper Than Renting in 39 States!

By Frank Valente | Oct 17, 2017

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up […]

Read More

Thinking of Selling? You Should Do It TODAY!!

By Frank Valente | Oct 16, 2017

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, […]

Read More

4 Reasons to Sell This Fall

By Frank Valente | Oct 13, 2017

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…

Read More