by Brent Knapp | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained: “I don’t see a nationwide bubble in real...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks &...
by Brent Knapp | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that: “The housing market...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
A survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today. 1. Down Payment...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
The housing market is really heating up and buyer demand is dramatically increasing as we enter the spring season. However, one challenge to the current market is a major shortage of inventory. Below are a few comments made in the last month by industry experts....
by Brent Knapp | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range is an...
