Homeowners have more equity than ever before with levels reaching an all-time high! The U.S. Census has even reported that 38% of owner-occupied homes are owned free and clear, which shows these individuals do not have a mortgage. Even homeowners with a mortgage are seeing their equity increase as well! With the real estate values [...]
The ongoing shortage of homes on the market has created an even more competitive environment for buyers, making this the ultimate sellers market. Given the current state of the real estate market, one of the most frequently asked questions is, When will sellers return to the market? With the economy continuing to improve and more people [...]
Buying a home can be one of the most expensive purchases of your lifetime, so it is extremely important to create a well thought out budget. When buying a home, it is also necessary to plan ahead for home buying expenses. Saving for a down payment is the main cost that comes to mind, but you also must remember to [...]
With such unprecedented times in the housing market, consumers are concerned about the rapidly appreciating home prices. Google has even reported a popular search that has spiked 2450% over the past [...]
With all of the many uncertainties that we have encountered over the course of the last year, the housing market has shown unprecedented strength and continued growth. One of the major constants in the real estate industry is the value that home improvement projects add to the home. Remodeling magazine's Cost vs. Value Report has even [...]
Luxury Portfolio International released its latest report, International Luxury Buyer Trends and Demand, which details the response from luxury buyers who plan to make an international purchase within the next three years. This report follows trends identified in LPIs initial State of Luxury Real Estate 2021 report released back in January. [...]
Luxury Portfolio International has released its latest report, which follows the State of Luxury Real Estate 2021 report released in January. From this report, we have gained astonishing insights into the real estate market and what the international buyer looks like. The last year has proven [...]
Saving for a down payment may seem very daunting when you are first attempting the process of buying a home. One of the biggest challenges future homeowners struggle with is saving for a down payment. Once you start budgeting and planning your finances for purchasing a home, you will need to determine the amount necessary to put down and the [...]
With restrictions starting to lessen across the country, many of us are starting to plan for traveling again, after missing out on planned vacations last year. Some households are even interested in purchasing a vacation home rather than staying in a hotel. Second homes are defined as homes that are sold to buyers who will not live in the [...]
If you have been questioning whether to purchase a home or if it will be a successful investment, the answer is yes! The Federal Reserve has released a new study that states that the net worth of homeowners is forty times greater than the net worth of renters. Lets take a look at what makes homeownership such a significant investment in your [...]
