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Homes Are More Affordable Today, Not Less Affordable
by Daphne Barbas | January 15, 2020 | Buying, Real Estate | 0 Comments
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price of a home...
There’s a Long Line of Buyers Waiting for Your House
by Daphne Barbas | January 9, 2020 | Buying, Real Estate | 0 Comments
If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted, “Sellers...
Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]
by Daphne Barbas | August 2, 2019 | Real Estate, Selling | 0 Comments
Some Highlights: Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal...
Why Now Is the Perfect Time to Sell Your House
by Daphne Barbas | July 31, 2019 | Real Estate, Selling | 0 Comments
As a homeowner, it’s always tempting to dream about the next big project you’re going to tackle. The possibilities are endless. Should I renovate? Should I refinance? Should I stay? Should I move? The list goes on and on. In today’s housing market, it’s actually a...
Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]
by Daphne Barbas | July 12, 2019 | Buying, Real Estate | 0 Comments
Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing...
4 Tips to Sell Your Home Faster
by Daphne Barbas | July 10, 2019 | Real Estate, Selling | 0 Comments
Since June of last year, we have seen an increase in the inventory of homes for sale month per month. Every spring and summer, the inventory increases because people want to sell their home. For those with children, they may want to be in their new home for the...
Stop Wondering What Your Budget Is & Get Pre-Approved!
by Daphne Barbas | June 24, 2019 | Buying, Real Estate | 0 Comments
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your...
4 Reasons to Sell This Summer [INFOGRAPHIC]
by Daphne Barbas | June 21, 2019 | Real Estate, Selling | 0 Comments
Some Highlights: Buyer demand continues to outpace the supply of homes for sale. This means that buyers are often competing with one another for the few listings that are available. Housing inventory is still under the 6-month supply needed to sustain a normal housing...
Young First-Time Buyers Are Saving for Their Dream Homes
by Daphne Barbas | June 20, 2019 | Buying, Real Estate | 0 Comments
Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and...
Why Is So Much Paperwork Required to Get a Mortgage?
by Daphne Barbas | June 18, 2019 | Buying, Real Estate | 0 Comments
When buying a home today, why is there so much paperwork mandated by the lenders for a mortgage loan application? It seems like they need to know everything about you. Furthermore, it requires three separate sources to validate each and every entry on the application...
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