One of the biggest challenges sellers face when listing their house is decluttering. Cleaning out some of the more personal decorating choices allows buyers to imagine themselves living in the house. Those planning to sell soon are in luck! Marie Kondo, the inventor of the KonMari Method of Tidying Up, has […]
The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses. In combination with higher rents, survey after survey has […]
![5 Reasons Homeowners Throw the Best Super Bowl Parties! [INFOGRAPHIC]](https://www.morganpropertysolutions.com/wp-content/uploads/2019/02/5-reasons-homeowners-throw-the-best-super-bowl-parties-infographic-810x430.jpg)
Highlights: Watching the big game at home with your friends & family offers many advantages. There’s more room to entertain a large crowd, and you don’t have to worry about complaints to your landlord if you cheer too loudly! The kitchen is big enough to make as many appetizers as you […]
Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed: “Homeowners with mortgages have seen their home equity more than double since 2011, increasing to a record-setting $8.3 […]
Recently, David Greene, co-host of the BiggerPockets podcast and a nationally renowned author and speaker, wrote an article in Forbes explaining how investing in real estate could help build wealth. Many of the points he made also apply to a family owning their own home. Here are a few: 1. Appreciation […]
The price of any item (including residential real estate) is determined by the theory of ‘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. The supply of homes for sale dramatically increases every spring, according […]
![Think You Should For Sale By Owner? Think Again! [INFOGRAPHIC]](https://www.morganpropertysolutions.com/wp-content/uploads/2019/01/think-you-should-for-sale-by-owner-think-again-infographic-810x430.jpg)
Some Highlights: For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent. According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 36% of homeowners who decided to FSBO last year did so to […]
Whether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What is actually happening with mortgage rates? Are home values dropping or are they just rising at a slower pace? What impact will the economy have on the […]
When homebuyers begin their research, they want to see all their available options! In many cases, they will include both new construction and existing homes in their search; but is a new construction home really the house of their dreams? According to a recent survey by Zillow, of the 38% of […]
In today’s fast-paced world, where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, with the addition of more information, comes more confusion. Shows like Property Brothers, Fixer […]
![What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]](https://www.morganpropertysolutions.com/wp-content/uploads/2019/01/what-is-the-cost-of-waiting-until-next-year-to-buy-infographic-810x430.jpg)
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019. CoreLogic predicts home […]
If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price. In today’s shifting real estate […]
You may have heard that the housing market is softening. There is no doubt that buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there is still a severe […]
Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW This may seem […]
![Top Renovations to Complete Before You Sell Your House [INFOGRAPHIC]](https://www.morganpropertysolutions.com/wp-content/uploads/2019/01/top-renovations-to-complete-before-you-sell-your-house-infographic-810x430.jpg)
Some Highlights: If you are planning on listing your house for sale this year, here are the top four home improvement projects that will net you the most Return on Investment (ROI). Minor bathroom renovations can go a long way toward improving the quality of your everyday life and/or impressing potential […]
In today’s market, as home prices rise and a lack of inventory continues, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for most sellers. Here are […]
![Where is the Housing Market Headed in 2019? [INFOGRAPHIC]](https://www.morganpropertysolutions.com/wp-content/uploads/2019/01/where-is-the-housing-market-headed-in-2019-infographic-810x430.jpg)
Some Highlights: Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic. […]
This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row. To many, the outlook heading into 2019 appeared […]
As we approach the end of the year, many homeowners find themselves asking the question, “If we’re currently in a strong real estate market, why won’t my house sell?” Below are the 5 most common reasons why a listing contract will expire: 1. The Price Sometimes when the market is hot, […]
Here are five reasons listing your home for sale this winter makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the […]
![4 Reasons to Sell Your House This Winter [INFOGRAPHIC]](https://www.morganpropertysolutions.com/wp-content/uploads/2018/12/4-reasons-to-sell-your-house-this-winter-infographic-810x430.jpg)
Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has come for […]
Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth. Every month that you […]
![The Tale of Two Markets [INFOGRAPHIC]](https://www.morganpropertysolutions.com/wp-content/uploads/2018/12/the-tale-of-two-markets-infographic-810x430.jpg)
Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets […]
Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last decade’s mistake. However, a closer look at the numbers […]
![Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]](https://www.morganpropertysolutions.com/wp-content/uploads/2018/12/home-prices-up-6-34-across-the-country-infographic-810x430.jpg)
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more! You might also enjoy […]