In today’s market, as home prices rise and a lack of inventory continues, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for most sellers.
- Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!
- Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic.
- All four major reporting agencies believe that home sales will outpace 2018!
The post Where is the Housing Market Headed in 2019? [INFOGRAPHIC] appeared first on Keeping Current Matters.
This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales have now decreased for several months in a row.
One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you money over the life of your loan.
The post How to Save Thousands of Dollars in Interest on Your Mortgage appeared first on Keeping Current Matters.
The post Find Out How to Kick off 2019 as a Listing Machine! [FREE WEBINAR] appeared first on Keeping Current Matters.
- Existing home sales are currently at an annual pace of 5.32 million and have increased on a monthly basis for the last two months.
- The inventory of existing homes for sale remains below the 6-months needed for a normal market and is now at a 3.9-month supply.
- Inventory remains low due to high demand from buyers who are still looking for houses to buy!
The post Buyers Are Looking for Your Home, Now [INFOGRAPHIC] appeared first on Keeping Current Matters.
There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago.
As we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices.
The post Homeownership Remains a Huge Part of the American Dream appeared first on Keeping Current Matters.