Hiring an Agent to Sell Your House May Cost You NOTHING!

Hiring an Agent to Sell Your House May Cost You NOTHING! | Simplifying The Market

Hiring an Agent to Sell Your House May Cost You NOTHING!

There is no doubt that it is easier to sell your house when using the services of a local real estate professional. The agent will provide:

Moving-Up to a Luxury Home? Now’s the Time!

Moving-Up to a Luxury Home? Now’s the Time! | Simplifying The Market

Moving-Up to a Luxury Home? Now’s the Time!

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.

Buying Remains Cheaper Than Renting in 39 States!

Buying Remains Cheaper Than Renting in 39 States!

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

Thinking of Selling? You Should Do It TODAY!!

Thinking of Selling? You Should Do It TODAY!! | Simplifying The Market

Thinking of Selling? You Should Do It TODAY!!

That headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME TODAY!

Waiting to Launch Central Mass Listings? Maybe Not…

This maybe be a year of upsets (ask me about the Red Sox), the rules for when Central

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Mass listings are best initiated might be primed to fly out the window.

The history has long demonstrated that the most opportune time of year to add your home to the Central Mass listings is during the peak spring and summer seasons. When you look at the volume of home sales through most years, those months do look inviting. There are exceptions, but for the most part, spring and summer regularly excel in sales volume.

This fall and winter, Sellers May Benefit current market conditions.” This reasoning is short and sweet using recent facts, then drawing a realistic conclusion. Here are the facts:

  1. Supply. It’s a fact that from one end of the country to the other, the residential inventory (supply) is starkly reduced. Thus, homeowners who list now “face very little competition.”
  2. Demand. Even though the late fall and winter months have traditionally shown weak demand, the threat of mortgage rate hikes­ may have been all that was needed to instill a growing sense of urgency among buyers. Early results reflect buyer demand that’s “abnormally strong” for this time of year.
  3. Optimism. With consumer confidence at a 15-year high, once the spring and summer buying season was over, Central Mass buyers may find themselves in a “buying competition” for the homes in certain price ranges, that are still available.

These trends are all well-documented. Yet there are those that seem to argue against listing your home now. After all, wouldn’t it still make sense to follow the traditional dictum,­ to hold off until that fierce competition takes hold? The answer that flips such a

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conclusion is found in the fourth fact:

  1. Sellers will be Buyers. Overwhelmingly, national surveys suggest that the homeowners behind most Central Mass listings will also become buyers once they have sold. In fact, an estimated 85% of American home sellers plan to buy another home! If that’s correct, it’s not surprising that they’ll be grateful if they are quick to sell into this winter’s market. That will not only help them get a jump on the crowd come springtime it will also lengthen the odds that they can cash in on mortgage rates before they rise substantially. All of a sudden, the net advantage to listing this fall could be substantial!

The short takeaway is that simply accepting the old common wisdom warrants a second look in 2017. If you are one of our Central Mass homeowners who automatically presumed the wisdom of waiting a while longer to join the Central Mass listings, it might pay to reassess. Give me a call if you’d like to discuss how your plans fit into today’s broader residential picture and how to take maximum advantage of this year’s market!…..Realty Ace LLC

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Net Worth of Homeowners 44X Greater than Renters

Net Worth of Homeowners 44X Greater than Renters | Simplifying The Market

Net Worth of Homeowners 44X Greater than Renters

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago.

Builder Offering to Pay Off Student Loans for Buyers

Builder Offering to Pay Off Student Loans for Buyers | Simplifying The Market

Builder Offering to Pay Off Student Loans for Buyers

Millennials are on track to become the most educated generation in history. This means they are also the generation with the most student debt. Depending on the type of degree earned, as well as the prestige of the institution attended, there are some millennials who graduate college with what equates to a mortgage payment.

Millionaire to Millennials: Buy a Home Now!

Millionaire to Millennials: Buy a Home Now! | Simplifying The Market

Millionaire to Millennials: Buy a Home Now!

In a CNBC article, self-made millionaire David Bach explained that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.”

No… You Do Not Need 20% Down to Buy NOW!

No… You Do Not Need 20% Down to Buy NOW! | Simplifying The Market

No… You Do Not Need 20% Down to Buy NOW!

The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for not currently owning a home, as not being able to afford one.