#1 Reason to List Your Home Today!!!!

#1 Reason to List Your House Today | Simplifying The Market

#1 Reason to List Your House Today

If you are debating listing your house for sale this year or even early next year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes For Sale

According to the National Association of REALTORS’ (NAR) Foot Traffic report, there are more buyers out in the market right now than at any other time in the past three years.

The graph below shows the significant increase in foot traffic experienced this year compared to 2014.

Foot Traffic Year-Over-Year | Simplifying The Market

The latest Existing Home Sales report shows that there is currently a 5.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market and well below August 2014 numbers.

The chart below details the year-over-year inventory shortages experienced so far in 2015:

Inventory Supply | Simplifying The Market

Bottom Line

Let’s get together to discuss the inventory levels in your neighborhood and discuss a plan to help you gain access to the buyers who are ready, willing and able to buy today!


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Is Qualifying for a Mortgage Getting Harder

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Is Qualifying for a Mortgage Getting Easier?Posted: 23 Sep 2015 04:00 AM PDT

Is Qualifying for a Mortgage Getting Easier? | Keeping Current Matters There has been a lot of talk about how difficult it is to get a home mortgage in today’s lending environment. However, three recent reports have revealed that lending standards are beginning to ease. This is great news for both first time buyers and current homeowners looking to move or buy a second vacation/retirement home. Let’s look at the three reports:

The MBA’s Mortgage Credit Availability Index

This index, issued by the Mortgage Bankers’ Association, measures the availability of credit available in the home mortgage market. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of a loosening of credit. We can see that the index has been increasing nicely this year: Mortgage Credit Availability Index | Keeping Current Matters

Fannie Mae’s latest Mortgage Lender Sentiment Survey

This survey revealed that more lenders report that mortgage lending standards across all loan types are easing. The survey asked senior mortgage executives whether their company’s credit standards have eased, tightened, or remained essentially unchanged during the prior three months. The gap between lenders reporting easing as opposed to tightening over the prior three months jumped to approximately 20%. This represented a new survey high of “net easing.” In addition, the share of lenders who expect their organizations to ease credit standards over the next three months also ticked up this quarter. Doug Duncan, senior vice president and chief economist at Fannie Mae, addressed this easing of standards:

“For the first time in seven quarters, we see a pronounced increase in the share of lenders, particularly medium- and larger-sized lenders, reporting on net an easing of credit standards … This is a significant result in light of public discourse on credit availability and standards … Overall, we expect that lenders’ tendency toward easing credit standards, together with relatively low mortgage rates and a strengthening labor market, will continue to support the housing market expansion.”

Ellie Mae’s latest Origination Insights Report

The easing of credit standards is also confirmed in this report which showed that the average FICO score on a closed loan fell to its lowest point in well over a year. Here is a chart of average FICO scores on closed loans so far in 2015: Ellie Mae FICO Scores | Keeping Current Matters

Just keep an eye on interest rates…

Although this is all great news, there was one challenge in the recently released data. Ellie Mae reported that the average interest rate on closed loans is beginning to inch upward: Ellie Mae Interest Rates | Keeping Current Matters

What this means to you…

If you are a first time buyer or a current homeowner thinking of moving up to a bigger home or buying a vacation home, now may be the time to act. Mortgage lending standards are beginning to ease and interest rates are beginning to inch up.


















Home Prices Up in 93% of Measurable Markets [INFOGRAPHIC]

Home Prices Up in 93% of Measurable Markets [INFOGRAPHIC] | Simplifying The Market (more…)

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The REAL Reasons Americans Buy a Home | Simplifying The Market

The REAL Reasons Americans Buy a Home

We often talk about the financial reasons why buying a home makes sense. But often, the emotional reasons are the more powerful, or compelling reasons. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership.

The top 4 reasons to own a home cited by respondents were not financial.


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Why We Own Homes-First Time Homebuyer Listing!


Posted: 17 Aug 2015 04:00 AM PDT

The Real Reasons Americans Buy A Home | Keeping Current Matters We often talk about the financial reasons why buying a home makes sense. But often, the emotional reasons are the more powerful, or compelling reasons. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own a home cited by respondents were not financial.

1. It means having a good place to raise children & provide them with a good education

From the best neighborhoods to the best school districts, even those without children at the time of purchasing their home, may have this in the back of their mind as a major reason for choosing the location of the home that they purchase.

2. You have a physical structure where you & your family feel safe

It is no surprise that having a place to call home with all that means in comfort and security is the #2 reason.

3. It allows you to have more space for your family

Whether your family is expanding, or an older family member is moving in, having a home that fits your needs is a close third on the list.

4. It gives you control over what you do with your living space, like renovations and updates

Looking to actually try one of those complicated wall treatments that you saw on Pinterest? Want to finally adopt that puppy or kitten you’ve seen online 100 times? Who’s to say that you can’t in your own home? The 5th reason on the list, is the #1 financial reason to buy a home as seen by respondents:

5. Owning a home is a good way to build up wealth that can be passed along to my family

Either way you are paying a mortgage. Why not lock in your housing expense now with an investment that will build equity that you can borrow against in the future?

Bottom Line

Whether you are a first time homebuyer or a move-up buyer who wants to start a new chapter in their life, now is a great time to reflect on the intangible factors that make a house a home.

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Save on Designer Dorm Room Decor

Your dorm room decor doesn’t have to be basic; add the designer’s touches that will make your room the envy of the entire hall. Whether you go for airy pinks and greens, neutral grays or dramatic blues, you can bring your personality to your space for up to 30 percent off, now through August 23, 2015.

How to clean your windows!!!




At the sight of multistory homes:The question is- Yeah, but who’s going to clean all those windows?” In her mind, she was probably imagining one person painstakingly cleaning each window the way she did around our home. She would mix 1 gallon of water with 2 tablespoons of white vinegar, fill a spray bottle, squeegee the liquid off each window and wipe the glass dry with newspaper, a process to which she, and subsequently, we, strictly adhered.

But does Mother really know best? I thought I’d check with the professionals to find out the best way to clean windows.






What is the Market like Today-July 31, 2015

Well there is some good news and some bad news!

There is a shortage in supply – Meaning there are more Buyers and not enough Inventory-That means more qualified Buyers then Homes.

Any home sitting on the market at this time more then 30-60 days has a price problem!!!!YOU MUST REDUCE YOUR PRICE-Holding on you will lose out to the abundance of Buyers.


I have also noticed-which I found in 2005-Buyers are calling THE LISTING AGENT to show them the property. The ones that I have shown feel if there is only one Agent-the Seller will kick in Closing Cost or some other incentive. Dual Agency can be very complicated-your loyalty is to the Seller-unless they agree to allow you to be a Dual Agent. I always hand the Buyer off to someone in my office to write up the Agreement and present it-then I take over.

The good news is the interest rates along with so many new programs for financing are now available-since the corrupt Lender’s have been weeded out. So please use a reliable Lender and Realtor for your sale or purchase!!!!!!!


Call me for any of your real estate NEEDS!