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 […]
Thinking of Selling? Now May Be the Time.
Article by: Simplifying the Market™Originally Published: February 26, 2020, 11:00 amThe housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to […]
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 […]
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