Thursday, January 19, 2017 / by Ryan Huemmer
Some industry experts are saying that the housing market may be heading for a slowdown in 2017 based on rising home prices and a jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR). Read more here.
Thursday, January 12, 2017 / by Ryan Huemmer
It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys:
The University of Michigan Consumer Sentiment Index
National Federation of Independent Businesses' Small Business Optimism Index
CNBC All-America Economic Survey
The Conference Board Consumer Confidence Survey
Read the entire article HERE.
Tuesday, January 10, 2017 / by Ryan Huemmer
Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to do it on their own. In today’s market: you need an experienced professional! Read the article here.
Thursday, January 5, 2017 / by Ryan Huemmer
"If millennials don't buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to this day is 38 times wealthier than a renter." Read the entire article HERE.
Tuesday, January 3, 2017 / by Ryan Huemmer
The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices.
We are all familiar with the concept of supply and demand. As the demand for an item increases the supply of that same item goes down, driving prices up.
Read article here.