by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing
Over the next five years, home prices are expected to appreciate 3.64% per year on average and to grow by 18.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an...
by Brent Knapp | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
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...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market. One such study by the Wharton School of Business at the University of...
by Brent Knapp | Buyer, First Time Home Buyers, Move-Up Buyers
If you’ve been following the local housing market recently, you know how popular it has been. As a mortgage Southlake TX professional, monitoring the real estate market of the area is something that I do often as it puts me in the best position to help my clients when...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than...
by Brent Knapp | First Time Home Buyers, For Buyers, Housing Market Updates
Recent headlines exclaimed the homeownership rate, as reported by the Census Bureau, rose again in the second quarter of 2017. What didn’t get much attention in the reports is that the homeownership rate for American households under the age of 35 increased a full...
