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Monthly Archives: April 2018

    Why Home Prices Are Increasing

    By Marco Manumbas | April 30, 2018

        There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak levels... Read More

    Thinking Of Selling Your Home? Why You Need A Pro In Your Corner

    By Marco Manumbas | April 24, 2018

      With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most cases, the seller is not. Sellers must realize... Read More

    Buying A Home Is Cheaper Than Renting In The Majority Of The US

    By Marco Manumbas | April 23, 2018

      The results of the 2018 Rental Affordability Report from ATTOM show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report. The updated numbers show that renting a three-bedroom property in the United States requires an average of 38.8% of income. The least affordable market for... Read More

    Boomerang Buyers: Most Qualify For Financing In 2-3 Years

    By Marco Manumbas | April 17, 2018

    According to a new study from Lending Tree, Americans who have filed for bankruptcy may be able to rebuild enough credit to qualify for a home loan in as little as 2-3 years. This is in stark contrast to the belief that many have that they need to wait 7-10 years for their bankruptcies to clear from their... Read More

    What Should You Look For In Your Real Estate Team?

    By Marco Manumbas | April 16, 2018

    How do you select the members of your team who are going to help make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most important characteristic that you should be looking for in your agent is... Read More

    NOT Owning Your Home Can Cost You A Lot Of Money!

    By Marco Manumbas | April 13, 2018

    Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Realtor.com recently reported that: “Buying remains the more attractive option in the long term – that remains... Read More

    99% Of Experts Agree: Home Prices Will Increase

    By Marco Manumbas | April 12, 2018

    Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise this year. What is the Home Price Expectation Survey? Each quarter, Pulsenomics surveys a nationwide panel... Read More

    Be Thankful You Don’t Have To Pay Your Parents’ Interest Rate!

    By Marco Manumbas | April 11, 2018

      Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The rate... Read More

    Buyer Demand Still Outpacing The Supply Of Homes For Sale

    By Marco Manumbas | April 10, 2018

    The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic... Read More

    5 Reasons Why To Sell This Spring!

    By Marco Manumbas | April 9, 2018

    Here are five reasons listing your home for sale this spring makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! More... 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.