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52% Likely to Buy in the Next 5 Years!! Are You?

Posted by Janice Ziesig on September 29, 2015 in  Buy  Real Estate Market Statistics
According to the recently released BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also had other interesting revelations. Those Looking to Buy 74% of those looking to buy a new home will consult a real estate agent 59% said they will visit online real estate websites 37% will seek ... read more
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What You Do Not Need To Hear From Your Listing Agent!

Posted by Janice Ziesig on September 27, 2015 in  Sell
You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to: Set the market value on possibly the largest asset your family owns (your home) Set the time schedule for the successful liquidation of that asset Set the fee for the services required to liquidate that asset An agent must be concerned first and foremost about you and your family in order to garner that degree of trust. Make sure this is t... read more
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64.2% of Millennials Put Down Less than 20%

Posted by Janice Ziesig on September 26, 2015 in  Buy  Millennials  MORTGAGE  Mortgage Loan
Digital Risk recently polled Millennials about the housing market. Among their findings was the fact that nearly two-thirds of the generation who have recently purchased a home, have done so with less than 20% down; with 36% putting down less than 5%! Here is a graph detailing the results: This means that more and more American’s between the ages of 18 and 34 stopped paying their landlord’s mortgage and started building their own family’s wealth. Millennials aren’t the ... read more
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We are almost back to ‘pre-housing crash’ home values. The inventories of distressed properties (foreclosures & short sales) are shrinking dramatically. The economy is improving. The job numbers are headed in the right direction. The big question that still remains: Have Americans regained their confidence in real estate as a worthy investment? According to a survey conducted by Princeton Survey Research Associates, Americans have put real estate back into first place as the best ... read more
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Home Values: Where Are They Headed Over The Next 5 Years?

Posted by Janice Ziesig on September 23, 2015 in  Buy  Sell  Wealth Building
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number. The results of their latest survey Home values will appreciate by 4.1% i... read more
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