Category: Preston’s Blog
7 Reasons to List Your House This Holiday Season
Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be the... Read More
Do You Know How Much Your Home Has Increased in Value?
Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed: “Homeowners with mortgages have seen their home equity more than double since 2011, increasing to a record-setting $8.3 trillion in 2017.” The average homeowner... Read More
This Generation is Currently Influencing the Housing Market
Millennials, for the most part, are a generation of renters. Only 36% of Americans under the age of 35 owned their homes as of 2016, according to a Census Bureau survey. But that 36 percent is significant, because it’s an increase from 34.7 percent a year earlier. The current housing market, to an extent, is... Read More
4 Reasons to Buy A Home This Winter!
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year.... Read More
Busting the Myths About Down Payment Requirements
Despite the growing number of low and no-down-payment mortgage loans, it seems most American renters still think they need at least 20% down to buy a home. According to the recent Borrower Insight Survey from Ellie Mae, a whopping 48.6% of renters think they need to put 20% or more down on a home purchase.... Read More