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Monthly Archives: February 2017

    How Long Do Most Families Stay in Their Home?

    By Marco Manumbas | February 28, 2017

    The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost... Read More

    Where Are the Home Prices Heading in the Next 5 Years?

    By Marco Manumbas | February 27, 2017

    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 they believe prices are headed over the next... Read More

    The Impact of Homeownership on Family Health

    By Marco Manumbas | February 23, 2017

    The National Association of Realtors recently released a study titled ‘Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans: “Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Homeownership allows households to accumulate wealth and social status, and is the... Read More

    Access: A Key Component in Getting Your House SOLD!

    By Marco Manumbas | February 21, 2017

      So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process, and they have asked you what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by... Read More

    The Impact of Homeownership on Civic Involvement

    By Marco Manumbas | February 16, 2017

    The National Association of Realtors recently released a study titled ‘Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans: “Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Homeownership allows households to accumulate wealth and social status, and is the... Read More

    The Great News About Rising Prices for Homeowners

    By Marco Manumbas | February 15, 2017

    Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise. The great news... Read More

    Homeownership Offers Stability & Wealth Creation

    By Marco Manumbas | February 7, 2017

    The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment. Building Equity In a recent article by The Mortgage Reports, they report that “buying and... Read More

    Daydreaming About Your Perfect Home? Know What You WANT vs. What You NEED

    By Marco Manumbas | February 6, 2017

      In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time now, you’ve probably come up with a list of things that... Read More

    No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring!

    By Marco Manumbas | February 2, 2017

    Is spring closer than we think? Depending on which groundhog you listen to today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their homes on the market as buyer demand traditionally... Read More

    Thinking of Making an Offer? 4 Tips for Success

    By Marco Manumbas | February 1, 2017

    So you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market that you want to make sure you make a good offer so that you can guarantee your dream of making this house yours comes true! Freddie Mac covered “4 Tips... Read More

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Our agents write often to give you the latest insights on owning a home or property in the local area.