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Month: May 2019

The Ultimate Truth about Housing Affordability

The Ultimate Truth about Housing Affordability | Keeping Current Matters

There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means.

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Multigenerational Homes Are on the Rise

Multigenerational Homes Are on the Rise | Keeping Current Matters

As loved ones start to get older, we start to wonder: how long will they be able to live alone?  Will they need someone there to help them with daily life? There’s a reason to ask those questions now more than ever, as the average age in the U.S. is 78 years old!  As a result, 41% of Americans in the market are searching for a home that can accommodate a multigenerational family.

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2 Things You Need to Know to Properly Price Your Home

2 Things You Need to Know to Properly Price Your Home | Keeping Current Matters

In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly.

The post 2 Things You Need to Know to Properly Price Your Home appeared first on Keeping Current Matters.

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The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC]

The Impact Staging Your Home Has On Your Sale Price | Keeping Current Matters

The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging.
  • 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market.
  • 50% of staged homes saw a 1-10% increase in dollar-value offers from buyers.
  • 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.
  • The top rooms to stage in order to attract more buyers are the living room, master bedroom, kitchen, and dining room.

The post The Impact Staging Your Home Has On Your Sale Price [INFOGRAPHIC] appeared first on Keeping Current Matters.

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Boomerang Buyers: Don’t Be Afraid to Buy a Home Again!

Boomerang Buyers: Don’t Be Afraid to Buy a Home Again! | Keeping Current Matters

According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: “Fool me once- shame on you. Fool me twice- shame on me.

The post Boomerang Buyers: Don’t Be Afraid to Buy a Home Again! appeared first on Keeping Current Matters.

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