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Monthly Archives: January 2020

    Should I Sell My House This Year?

    By Jennifer Carstensen | January 28, 2020

      If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload in the media circling around talk of... Read More

    How Buyers Can Win By Downsizing in 2020

    By Jennifer Carstensen | January 22, 2020

    Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at an average of 3.8% for a... Read More

    Housing Inventory Vanishing: What Is the Impact on You?

    By Jennifer Carstensen | January 16, 2020

      The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, released a report showing that 2020 is beginning with the lowest available housing inventory in two years. The report explains: “Last month... Read More

    2020 Luxury Market Forecast

    By Jennifer Carstensen | January 14, 2020

    By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is... Read More

    Buying a Home Early Can Significantly Increase Future Wealth

    By Jennifer Carstensen | January 13, 2020

      According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, “The dream of homeownership is alive and well within “Generation Z,” the demographic cohort following Millennials. Our survey…finds... Read More

    Big Demand for Small Homes

    By Jennifer Carstensen | January 7, 2020

      Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different. Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as we continue into the beginning of the year. “We expect... Read More