A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC]

Some Highlights:

Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make.
A real estate professional has the experience to help you confidently navigate through the entire process.
Make sure you work with someone who knows the current market conditions and can simply and effectively explain them to you and your family.

source https://www.simplifyingthemarket.com/en/2019/09/06/a-reasons-to-hire-a-real-estate-pro-infographic-2/?a=489394-750b3ad95b7715aa39b3f5a8d59f5d51

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A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]

Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4 th . Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market. source https://www.simplifyingthemarket.com/en/2019/08/30/a-recession-does-not-equal-a-housing-crisis-infographic/?a=489394-750b3ad95b7715aa39b3f5a8d59f5d51

Busting the Myth About a Housing Affordability Crisis

It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the price of a home that matters, but the price relative to a purchaser’s buying power. Homes, in most cases, are purchased with a mortgage. The current mortgage rate is a major component of the affordability equation. Mortgage rates have fallen by over a full percentage point since December 2018. Another major piece of the affordability equation is a buyer’s income. The median family income has risen by 3.5% over the last year. Let’s look at three different reports issued recently that reveal how homes are very affordable in comparison to historic numbers, and how they have become even more affordable over the past several months. 1. National Association of Realtors’ (NAR) Housing Affordability Index : Here is a graph ...

3 Powerful Reasons to Buy a Home Now

Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today. 1. Affordability Many people focus solely on price when talking about home affordability. Since home prices have appreciated throughout the past year, they assume homes are less affordable. However, affordability is determined by three components: Price Wages Mortgage Interest Rate Prices are up, but so are wages – and interest rates have recently dropped dramatically ( see #2 below ). As a result, the National Association of Realtors’ (NAR) latest Affordability Index report revealed that homes are MORE affordable throughout the country today than they were a year ago. “All four regions saw an increase in affordability from a year ago. The South had the biggest gain in affordability of 6.9%, followed by the West with a gain of 6.0%. The Midwest had an increase of 5.8%, followed by the Northeast with the sma...

Texas Home Buyer Assistance Programs

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