Is the Recent Dip in Interest Rates Here to Stay?

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Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey. After the first week of 2019, rates have continued their downward […]

Belief in Homeownership as an Investment is Far from Dead

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Belief in Homeownership as an Investment is Far from Dead | Simplifying The MarketFollowing last year’s real estate market was like riding a rollercoaster. The market started off strong in 2018 and then softened before finishing with a mild flurry. However, one thing that did not waiver was America’s belief that owning a home makes sense from a financial standpoint. An end-of-the-year survey by the Federal Reserve Bank’s Center […]

24 Hours that Suddenly Improved the Market

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24 Hours that Suddenly Improved the Market | Simplifying The MarketThis year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales have now decreased for several months in a row. To many, the outlook heading into 2019 appeared dim… at best. […]

4 Quick Reasons NOT to Fear a Housing Crash

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There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago. Here are four reasons why today’s market is much different: 1. There are fewer foreclosures now than there were […]

Homeownership Remains a Huge Part of the American Dream

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Homeownership Remains a Huge Part of the American Dream | Simplifying The MarketAs we head into 2019, many news outlets and housing experts warn that the housing market may slow down. Over the last six years, the inventory of homes for sale has been near historic lows, which has been the force behind increasing home prices. This has been great news for sellers as many of them […]

No Bubble Here! How New Mortgage Standards Are Helping

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No Bubble Here! How New Mortgage Standards Are Helping | Simplifying The MarketReal estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down as it did in 2008. As it becomes easier for […]

What If I Wait A Year to Buy a Home?

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What If I Wait Until 2019 To Buy A Home? | Simplifying The MarketNational home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over […]