Category: Real Estate

The Impact Your Interest Rate Has on Your Buying Power [INFOGRAPHIC] 利率對您購買力的影響 [圖表]

The Impact Your Interest Rate Has on Your Buying Power [INFOGRAPHIC]

Some Highlights:

  • Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage.
  • Over the last 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s, all the way down to the near 4% we are experiencing now.
  • Your purchasing power is greatly impacted by the interest rate you secure. Act now before rates go up!

The #1 Reason to Sell Now… Not Next Spring 應該趁現在售屋的最佳原因… 而不是等到明年春天

The #1 Reason to Sell Now… Not Next Spring

The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.


According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2016:

根據全國房地產經紀人協會(NAR)表示,每年春天,出售房屋的供應量大大增加。 舉例說明,下圖為2016年初房屋庫存發生的情況: (more…)

Building Your Family’s Wealth Over the Next 5 Years 在未來5年建立家庭的財富

Building Your Family’s Wealth Over the Next 5 Years

Over the next five years, home prices are expected to appreciate 3.24% per year on average and to grow by 21.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.


So, what does this mean for homeowners and their equity position?


As an example, let’s assume a young couple purchases and closes on a $250,000 home in January. If we look at only the projected increase in the price of that home, how much equity will they earn over the next 5 years?

舉個例子,讓我們假設一對年輕夫婦在1月份買下了一棟25萬美元的房屋,如果我們只看房子預計增漲的價格,那他們將在未來5年賺取多少的抵押產權呢? (more…)

Home Prices: Where Will They Be in 5 Years? 五年後的房價?

Home Prices: Where Will They Be in 5 Years?

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.


Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.


The results of their latest survey:


Americans Are on The Move [INFOGRAPHIC]

Americans Are on The Move [INFOGRAPHIC]

Some Highlights:

  • For the 4th year in a row, the Northeast saw a concentration of High Outbound activity.
  • Oregon held on to the top stop of High Inbound states for the 3rd year in a row.
  • Much of this Outbound activity can be attributed to Boomers relocating to warmer climates after retiring.

Will Increasing Mortgage Rates Impact Home Prices? 上漲的利率會影響房價嗎?

Will Increasing Mortgage Rates Impact Home Prices?

There are some who are calling for a decrease in home prices should mortgage interest rates begin to rise rapidly. Intuitively, this makes sense as the cost of a home is determined by the price of the home, plus the cost of financing that home. If mortgage interest rates increase, fewer people will be able to buy, and logic says prices will fall if demand decreases.


However, history shows us that this has not been the case the last four times mortgage interest rates dramatically increased.


Here is a graph showing what actually happened:

以下圖表顯示實際發生的狀況: (more…)

Selling in the Winter Attracts Serious Buyers 冬天賣屋可吸引認真的買家

Selling in the Winter Attracts Serious Buyers

A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close.


It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is traditionally the busiest month for real estate. What is surprising, though, is that listing during the winter came in second!

並不令人驚訝,在春天期間出售的房屋出售回報最大,因為春天是傳統上房地產市場最繁忙的月份,然而令人驚訝的是,冬季房屋上市位居第二名! (more…)

When Is a Good Time to Rent? Not Now! 何時是租屋的好時機?不是現在!

When Is a Good Time to Rent? Not Now!

People often ask if now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.


The Census Bureau recently released their third quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

人口普查局最近公佈了第三季度的平均租金數據,下圖為顯示從1988年至今日的租金升漲圖: (more…)

4 Reasons to Buy Your Dream Home This Winter 四個今年冬天購買夢想之屋的原因

4 Reasons to Buy Your Dream Home This Winter

As the temperature in many areas of the country starts to cool down, you might think that the housing market will do the same. This couldn’t be further from the truth! Here are 4 reasons you should consider buying your dream home this winter instead of waiting for spring!


1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.3% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year.


The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

房屋最低價時期已經來了又過了,房價接下來將持續上升,繼續等待不再有意義。 (more…)

New Home Sales Race to Keep Up with Demand [INFOGRAPHIC]

New Home Sales Race to Keep Up with Demand [INFOGRAPHIC]

Some Highlights:

  • Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase.
  • The median home price decreased slightly from September’s high of $314,100 to $304,500 in October.
  • The West saw the largest month over month jump in sales at 28.7%.