Skip To Content

Monthly Archives: April 2018

    Thinking Of Selling Your Home? Why You Need A Pro In Your Corner

    By Doug Yopp | April 24, 2018

    With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most cases, the seller is not. Sellers must realize that... Read More

    Rising Prices Help You Build Your Family’s Wealth

    By Doug Yopp | April 24, 2018

    Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home this... Read More

    How Much Do You Need To Make To Buy A Home In North Carolina?

    By Doug Yopp | April 24, 2018

    It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C. States in the Midwest came out... Read More

    Is Family Mortgage Debt Out Of Control? – No!

    By Doug Yopp | April 24, 2018

    Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners and now have mortgage payments for the first time. These developments have... Read More

    Home Buying Myths Slayed [INFOGRAPHIC]

    By Doug Yopp | April 24, 2018

    Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit score requirements for mortgage approval continue to fall. Courtesy of Keeping Current Matters Read More

    The COST Of Your Next Home Will Be LESS Than Your Parents’ Home Was

    By Doug Yopp | April 16, 2018

    There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price of... Read More

    A Tale Of Two Markets [INFOGRAPHIC]

    By Doug Yopp | April 16, 2018

    Some Highlights: A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices! Inventory continues to rise in the luxury & premium home markets which is causing prices... Read More

    Getting Pre-Approved Should Always Be Your First Step

    By Doug Yopp | April 16, 2018

    In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a... Read More

    Mortgage Interest Rates Have Begun To Level Off

    By Doug Yopp | April 16, 2018

    Whether you are a buyer searching for your first home, or a homeowner looking to move up to your next home, you should pay attention to where mortgage interest rates are heading. Over the course of 2018, according to Freddie Mac’s Primary Mortgage Market Survey, rates have increasedfrom 3.95% in the first week of January... Read More

    US Housing Market Still In ‘Buy Territory’!

    By Doug Yopp | April 16, 2018

    According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment. The BH&J Index is a quarterly report that attempts to answer the question: In today’s housing market, is it better to... Read More