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Manda Luccasen | RE/MAX Southern Homes
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Simplifying the Market™



In the 08/08/2019 edition:
Excerpts:

Why All the Chicken Littles Should Calm Down

Why All the Chicken Littles Should Calm Down | Simplifying The MarketThe U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% […]
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Appreciation Is Strong: It Might Be Time to Sell

Appreciation Is Strong: It Might Be Time to Sell | Simplifying The MarketThere’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the greatest return on your largest investment. Home values have been appreciating for several years now, growing at a strong, steady, and impressive […]
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How Much Do You Know About Down Payments?

How Much Do You Know About Down Payments? | Simplifying The MarketWhether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two today. 1. How much do you really need […]
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Millionaire to Millennials: The Costly Mistake of Not Buying Now

Millionaire to Millennials: The Costly Mistake of Not Buying Now | Simplifying The MarketOn his personal website, self-made millionaire David Bach makes a striking statement:  “Not prioritizing homeownership is the single biggest mistake millennials are making.”  He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s a costly mistake…If millennials don’t buy a home, their chances […]
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Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]

Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
  • Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
  • Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.

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The process of buying or selling a home can be overwhelming at times, but you don't need to go through it alone.

You may be wondering if now is a good time to buy or sell...  or if interest rates are projected to rise...  or how much competition you may be facing in today's market. My free eGuide's above will answer many of your questions and likely bring up a few things you haven't thought about yet.

Or, if you know someone who is thinking about buying or selling a home, please forward this email to them. My business is built on the referrals of friends, family and business associates.

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