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        How to Determine If You Can Afford to Buy a Home

        The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today. It is true that home prices and wages are two key elements in any affordability equation. There is, however, an extremely important third component to [...]
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        Strength of The Housing Market

        6 Graphs Showing the Strength of the Current Housing Market

        Some Highlights:

        • Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home.
        • Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are just two key elements driving the strength of today’s
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        How to Judge the Impact of the Next Economic Slowdown on Housing

        We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur? Changes in single-family home values can have profound impacts on consumer balance sheets, spending patterns, investor [...]
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        Home Prices are up 6.34% Across the Country. See Burnt Store Isles….

        What Does Average Price For Sale & Sold graph mean?
        • Average Price For Sale is the average of list price of the properties for sale in a particular month. Average Price Soldis the average of sold price of the properties sold in a particular month. Displaying both Average Price For Sale and Average Price Sold line charts in a graph portrays the relationship between on and off market
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