Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released. (more…)
For Buyers
![The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC] | Simplifying The Market](http://files.simplifyingthemarket.com/wp-content/uploads/2018/08/14164441/20180817-ENG-STM.jpeg)
Housing Market: Another Gigantic Difference Between 2008 and 2018
Some are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis. (more…)
Have You Outgrown Your Starter Home?
For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment. (more…)
Are You Thinking of Selling Your Home? Competition Is Coming!
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. (more…)
![Existing Home Sales Cooling Off This Summer [INFOGRAPHIC] | Simplifying The Market](http://files.simplifyingthemarket.com/wp-content/uploads/2018/07/26143503/20180810-STM-ENG.jpg)
Supply & Demand Will Determine Future Home Values
Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as: (more…)