The Real Reason Home Prices are Increasing

The Real Reason Home Prices are Increasing

If buyer demand outpaces the current supply of existing homes for sale, prices will continue to appreciate. Nothing nefarious is taking place. It is simply the theory of supply & demand working as it should.

2 Charts That Show the Truth about Home Affordability

2 Charts That Show the Truth about Home Affordability

Mark Fleming, Chief Economist at First American, explained it best:

“While borrowing power for the potential home buyer has fallen relative to the low point of 2012, it remains high today and will remain high next year, relative to the long run average. If you don’t want to rent anymore and are considering becoming a homeowner, even if mortgage rates rise next year, your borrowing power will remain strong by historic standards.”

Top 4 Home Renovations for Maximum ROI [INFOGRAPHIC]

Top 4 Home Renovations for Maximum ROI [INFOGRAPHIC]

Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On Investment” (ROI).