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3 Tips for Making Your Dream of Owning a Home a Reality [INFOGRAPHIC]

3 Tips for Making Your Dream of Owning a Home a Reality [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking much about it.
  • Living within a budget right now will help you save money for down payments while also paying down other debts that might be holding you back.
  • What are you willing to cut back on to make your dreams of homeownership a reality?

50% of Homes Sold in 30 Days in March [INFOGRAPHIC]

50% of Homes Sold in 30 days in March [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The National Association of REALTORS® recently surveyed their members for their Confidence Index.
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
  • Homes sold in less than 60 days in 35 out of 50 states and Washington D.C.
  • Homes typically went under contract in 30 days in March!

Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]

Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC] | Simplifying the Market

Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC] | Simplifying the Market

Some Highlights:

  • According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March to an annual pace of 5.60 million.
  • This is the strongest pace since November of 2017.
  • Inventory levels dropped year-over-year for the 34th consecutive month and are now 7.2% lower than March 2017 levels, representing a 3.6-month supply.

A Tale of Two Markets [INFOGRAPHIC]

A Tale of Two Markets [INFOGRAPHIC] | Simplifying The Market 

Some Highlights:

  • A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices!
  • Inventory continues to rise in the luxury & premium home markets which is causing prices to cool.
  • Demand continues to rise with low inventory in the starter & trade-up home markets, causing prices to rise!

The Cost of Renting vs. Buying Today [INFOGRAPHIC]

The Cost of Renting vs. Buying Today [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!

20 Tips for Preparing Your House for Sale This Spring [INFOGRAPHIC]

Tips for Preparing Your House for Sale This Spring [INFOGRAPHIC] | Simplifying The Market

Highlights:

  • When listing your house for sale your top goal will be to get the home sold for the best price possible!
  • There are many small projects that you can do to ensure this happens!
  • Your real estate agent will have a list of specific suggestions for getting your house ready for market and is a great resource for finding local contractors who can help!