Will Home Values Appreciate or Depreciate in 2020?

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Will Home Values Appreciate or Depreciate in 2020? | Simplifying The MarketWith the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item. Each month the National Association of Realtors (NAR) surveys […]

Rise to the Top of the Pool by Selling Your House Today

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Rise to the Top of the Pool by Selling Your House Today | Simplifying The MarketWith the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers. Lawrence Yun, […]

5 Simple Graphs Proving This Is NOT Like the Last Time

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5 Simple Graphs Proving This Is NOT Like the Last Time | Simplifying The MarketWith all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in […]

Yes, You Can Still Afford a Home

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Yes, You Can Still Afford a Home | Simplifying The MarketThe residential real estate market has come roaring out of the gates in 2020. Compared to this time last year, the number of buyers looking for a home is up 20%, and the number of home sales is up almost 10%. The increase in purchasing activity has caused home price appreciation to begin reaccelerating. Many […]

Equity Gain Growing in Nearly Every State

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Equity Gain Growing in Nearly Every State | Simplifying The MarketRising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position. Home equity is defined […]

Real Estate Is Soaring, But Not Like 2008

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Real Estate Is Soaring, But Not Like 2008 | Simplifying The MarketUnlike last year, the residential real estate market kicked off 2020 with a bang! In their latest Monthly Mortgage Monitor, Black Knight proclaimed: “The housing market is heating entering 2020 and recent rate declines could continue that trend, a sharp contrast to the strong cooling that was seen at this same time last year.” Zillow […]

How Much “Housing Wealth” Can You Build in a Decade?

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How Much “Housing Wealth” Can You Build in a Decade? | Simplifying The MarketEarlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership. Below are three graphs depicting the most important data revealed in the study. How much […]