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Over Half of Americans Planning on Buying in the Next 5 Years

[ad_1] According to the 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 that they would be willing to pay an average of $296,000 for a home…
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Real Estate: 2016 Will Be the Best Year in a Decade

[ad_1] A few weeks ago, Jonathan Smoke, the Chief Economist at realtor.com, exclaimed: “All indicators point to this spring being the busiest since 2006.” Now, Freddie Mac has doubled down on that claim and is saying that 2016 will be…
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2016 Home Sales Doing Just Fine!!

[ad_1] Some of the housing headlines are causing concern for some consumers who are in the process of either buying or selling a home. Pundits are concerned over the lack of new construction or the month-over-month sales numbers. Let’s set…
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Past, Present & Future Home Values

[ad_1] In CoreLogic’s latest Home Price Index, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month, and projected appreciation over the next twelve months. Here are state maps…
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Sales Contracts Hit Highest Level in Months

[ad_1] The National Association of Realtors (NAR) just announced that the February Pending Home Sales Index reached it’s highest reading since July 2015. What is the Pending Home Sales Index (PHSI)? NAR’s PHSI is “a forward-looking indicator…
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Further Proof This Isn’t a Housing Bubble

[ad_1] Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well-known concept of supply & demand and should not lead to conversations of a new housing bubble. Today, we want to look…
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3 Charts That Scream ‘List Your Home Today’

[ad_1] In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the…
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Lack of Inventory Challenging Many Housing Markets

[ad_1] Going into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject: David Crowe, Chief Economist for the…
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Yes, Home Prices Are Rising. No, a New Housing Bubble is NOT Forming

[ad_1] We recently reported that home prices are continuing to rise across most of the nation. This has created concern in some pundits that a housing bubble, like we saw ten years ago, is forming again. We want to explain why these concerns…
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Yes, Home Prices Are Rising. No, a New Housing Bubble is NOT Forming

[ad_1] We recently reported that home prices are continuing to rise across most of the nation. This has created concern in some pundits that a housing bubble, like we saw ten years ago, is forming again. We want to explain why these concerns…
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Housing Market To “Spring Forward” This Year

[ad_1] Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding…
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Housing Market To “Spring Forward” This Year

[ad_1] Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding…