Empty Nesters: Best To Remodel Or Time To Sell? Your children have finally moved out and you and your spouse now live alone in a four-bedroom colonial (or a similar type of house). You have two choices to make: Remodel your house to fit your current lifestyle and needs Sell your house and purchase the … Continue reading Empty Nesters: Remodel or Sell?
Net Worth of Homeowners 44X Greater than Renters Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth of homeowners was $231,400 … Continue reading Own vs. Rent Net Worth Widens
A Tale of Two Markets: A 6-Month Update Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were … Continue reading Q4 Market Update
CHICAGO, September 26, 2017 — Luxury Portfolio International®, the luxury face of Leading Real Estate Companies of the World®, released their annual Global Luxury Real Estate Report at their Global Symposium in Vienna, Austria. The report provides an in-depth analysis of the habits of global luxury consumers and how their purchases tie directly to how … Continue reading Luxury Market Update
Want To Keep Up With The Joneses? Now’s The Time Does your current house fit your needs? Does it seem like everyone else is moving up and moving on to more luxurious surroundings? Are you wondering what it would take to start living your dream life? Market conditions around the country have presented an opportunity … Continue reading Start Living Your Dream!
93.9% Of Homes In The US Have Positive Equity CoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained equity in Q1 2017. The outlook for 2017 remains positive as well, as an additional 600 thousand properties will regain equity if home prices rise another 5% this year. The study also revealed that: Roughly 63% … Continue reading 93.9% of US Homes Have Positive Equity
WILL MY LUXURY HOME SELL for MORE THAN MY NEIGHBOR’S? How some luxury home sellers are taking advantage of today’s buyer’s market and avoiding the limits of aspirational home pricing in the face of wavering demand In the world of luxury property, the “real” property value is dependent on several unique factors including its location, … Continue reading Luxury Home Pricing
Study: FSBOs Don’t Save Real Estate Commission One of the main reasons why For Sale By Owners (FSBOs) don’t use a real estate agent is because they believe they will save the commission an agent charges for getting their house on the market and selling it. A new study by Collateral Analytics, however, reveals that … Continue reading FSBO’s Don’t Save Real Estate Commission
75% OF HOMEOWNERS THINK NOW IS A GOOD TIME TO SELL! The National Association of Realtors (NAR) recently released the findings of their Q2 Homeownership Opportunities and Market Experience (HOME) Survey. The report covers core topics like, “if now is a good time to buy or sell a home, the perception of home price changes, … Continue reading Is Now A Good Time To Sell?
Market Snapshot for Sarasota, Manatee & Charlotte Counties: Q2 2017 If you are wondering how the real estate market is doing along Florida’s Gulf Coast, we are bringing you a look at all the big picture trends from the second quarter of 2017. Breaking it down for us and comparing the current market to that … Continue reading Market Snapshot for Gulf Coast: Q2 2017