Article by: Simplifying the Market™Originally Published: February 27, 2020, 11:00 amEarlier 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 […]
Entry-Level Homeowners Are in the Driver’s Seat
Article by: Simplifying the Market™Originally Published: February 25, 2020, 11:00 amOne thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for […]
The #1 Misconception in the Homebuying Process
Article by: Simplifying the Market™Originally Published: February 20, 2020, 11:00 amAfter over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article: “A year ago, a combination of a government shutdown, stock market slump and mortgage rate […]
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