by Brent Knapp | Distressed Properties, For Sellers
The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began tracking...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights:Distressed property sales fell to its lowest number since NAR began tracking it in 2008.As you can see, with less distressed properties, sales are up in all price ranges except the $0 – $100K price range.Interest rates are still at historic lows,...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing
Recently there has been a lot of talk about home prices and if they are accelerating too quickly. 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...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
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...
by Brent Knapp | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low.The interest rate you secure when buying a...