What You Need to Know About Private Mortgage Insurance (PMI)

Whether you are buying in Naples, Sarasota or Punta Gorda, whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you … Continue reading What You Need to Know About Private Mortgage Insurance (PMI)

How Homeownership Delivers Unsurpassed Family Wealth

There are many financial benefits to homeownership, but probably none more important than its ability to create family wealth. How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is an online resource for research and information on how homeownership contributes to individual and community success. Their article, The First Rung on the … Continue reading How Homeownership Delivers Unsurpassed Family Wealth

2 Things You Need to Know to Properly Price Your Home

Price Your Home for a quick Sale! 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. In the … Continue reading 2 Things You Need to Know to Properly Price Your Home

Is Aging in Place the Reason for the Inventory Shortage?

Are Older Generations Really Not Selling Their Homes? Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) … Continue reading Is Aging in Place the Reason for the Inventory Shortage?

Are you ready to buy your next home?

Boomerang Buyers: Don’t Be Afraid to Buy a Home Again! 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.” According … Continue reading Are you ready to buy your next home?

Tips to start searching for Your Dream Home!

In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can take to help carry their excitement of … Continue reading Tips to start searching for Your Dream Home!

Home Prices going up or coming down?

What is Really Happening with Home Prices? Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year. However, a stronger-than-expected … Continue reading Home Prices going up or coming down?

Home Buyers are Optimistic About Homeownership!

When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a home purchase! Most homebuyers start by … Continue reading Home Buyers are Optimistic About Homeownership!

The Cost of Renting vs. Buying

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if … Continue reading The Cost of Renting vs. Buying

Why Access Is One of the Most Important Factors in Getting Your House Sold!

If seeing a property is not convenient, fewer people will look at your home. So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to a … Continue reading Why Access Is One of the Most Important Factors in Getting Your House Sold!