![Homes are Selling Fast Across the Country [INFOGRAPHIC]](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201080%20675'%3E%3C/svg%3E)
by Brent Knapp | For Sellers, Housing Market Updates, Infographics
Some Highlights:The National Association of REALTORS® surveyed their members for their monthly Confidence Index.The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners....
by Brent Knapp | Down Payments, First Time Home Buyers, For Buyers, Infographics, Interest Rates
Some Highlights:Interest rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!The credit score requirements for mortgage approval continue to fall. Source: KCM
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Millennials, Move-Up Buyers
Some Highlights:‘Millennials’ are defined as 18-36 year olds according to the US Census Bureau.According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old.More and more ‘Old Millennials’ (25-36 year...
by Brent Knapp | First Time Home Buyers, For Buyers, Infographics, Millennials, Move-Up Buyers
Some Highlights:“The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.”At...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing
Some Highlights:The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.In the report, home prices are compared both regionally and by state.Based on the latest numbers, if you plan on relocating to another state,...
by Brent Knapp | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights:The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!Anything under a 6-month supply is a Seller’s Market!There has not been a 6-months...
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