![Existing Home Sales Reach Highest Annual Pace in 11 Years [INFOGRAPHIC]](http://assurancehomeloans.us/wp-content/uploads/2017/12/20171222-Share-STM.jpg)
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights: Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006. The inventory of existing homes for sale has dropped year-over-year for the last 30 consecutive months and is now at a 3.4-month supply. NAR’s...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Pricing
As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently explained that the lenient lending standards of the previous decade (which...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers
The National Association of Realtors (NAR) recently released their 2017 Profile of Home Buyers and Sellers in which they surveyed recent home buyers and sellers about their experiences. An entire section of the profile is dedicated to buyers’ experiences with their...
by Brent Knapp | First Time Home Buyers, For Buyers, Rent vs. Buy
There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by Apartment List addressed rising rents by stating:...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will...
