Are Home Prices Softening or Are They Falling?
We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these ...
Posted by Grady Hodge on September 27, 2018 in Market Conditions
Prosper Real Estate Roundup: 3 Noteworthy Market Trends
Located about 36 miles outside of Dallas, the city of Prosper has been enjoying a population boom as a result of the economic engine around Frisco and the 5 billion dollar highway. Since the start of the decade, the population has increased by more ...
Posted by Brent Wells on September 26, 2018 in Market Conditions
Where Are Mortgage Interest Rates Headed In 2019?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search....
Posted by Grady Hodge on September 25, 2018 in Buying a Home
How Much Has Your Home Increased in Value?
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year.
CoreLogic broke ...
Posted by Grady Hodge on September 24, 2018 in Selling Your Home
Is the Real Estate Market Finally Getting Back to Normal?
The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation ...
Posted by Grady Hodge on September 21, 2018 in Selling Your Home
25% of Homes with a Mortgage are Now Equity Rich!
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising ...
Posted by Grady Hodge on September 19, 2018 in Selling Your Home
If You Are Thinking of Selling? You Must Act NOW!
If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned ...
Posted by Grady Hodge on September 17, 2018 in Selling Your Home
Home Prices Have Appreciated 6.9% in 2018
Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to the Home Price Expectation Survey.
Every month, the economists at CoreLogic release the results of their ...
Posted by Grady Hodge on September 12, 2018 in Selling Your Home
Rents Are on The Rise: Don’t Get Caught in The Rental Trap!
There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage.
Don’t Become Trapped
Posted by Grady Hodge on September 4, 2018 in Buying a Home
Why are Existing Home Sales Down?
The latest Existing Home Sales Report issued by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in over two years. This has some industry leaders puzzled ...
Posted by Grady Hodge on September 3, 2018 in Selling Your Home