Simplifying The Market with the Love Your Stoop Team

  • Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC]
    by simplify on May 25, 2018 at 10:00 am

    Some Highlights: Existing Home Sales are now at an annual pace of 5.46 million. Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines. The median price of homes sold in April was […]

  • Selling Your House on Your Own Could Cost You
    by simplify on May 24, 2018 at 10:00 am

    In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need a real estate agent and believe that they can save […]

  • Why Have Interest Rates Jumped to a 7-Year High?
    by simplify on May 23, 2018 at 10:00 am

    Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam […]

  • How Current Interest Rates Can Have a High Impact on Your Purchasing Power
    by simplify on May 22, 2018 at 10:00 am

    According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate […]

  • Don’t Wait to Sell Your House! Buyers Are Out Now
    by simplify on May 21, 2018 at 10:00 am

    Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of […]

  • Is Your First Home Within Your Grasp Now? [INFOGRAPHIC]
    by simplify on May 18, 2018 at 10:00 am

    Some Highlights: According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and […]

  • Moving Up to Your Dream Home? Don’t Wait!
    by simplify on May 17, 2018 at 10:00 am

    Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values today […]

  • Renters Under 50 Want to Buy a Home!
    by simplify on May 16, 2018 at 10:00 am

    Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many […]

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