Questions continue to come up about where home prices may head throughout the rest of this year, and also where they may be going over the few years beyond. We have gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A study of […]
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Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Customers & Sellers , the median age of all first-time home buyers can be 32. More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now! You might also appreciate reading… […]
The Federal Reserve Bank (The Fed) lately released their 2019 Survey of Consumer Expectations Casing Survey . The survey documented that 65% of Americans think homeownership is a good financial investment. Given that 2014, the percentage has increased by over nine percent. The Fed’s survey also showed that when the results are broken down by […]
Homes priced at the top 25% of the price range for any particular area of the country are considered “premium homes. ” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners attempting to upgrade from their current house. Much of the particular demand […]
The housing turmoil of the last decade was partly caused by unhealthy levels of mortgage financial debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity circumstance (where their mortgage was greater than the value of […]
Rising home prices in conjunction with a lack of inventory in today’s market may cause some homeowners to consider trying to sell their home on their own (known in the industry as a Fsbo ). However , a FSBO might not be a good idea for the vast majority of sellers. The top 5 reasons […]
When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “ Last year about 43% of all condo home-purchase mortgage […]
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Some Highlights: Real estate offers outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks and shares as an investment. Of the 4 listed, real estate is the only investment you can also live in! […]
Here are 5 compelling reasons listing your home for sale this summer makes sense. 1 . Demand Is Strong The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, prepared, and able to purchase… and are […]
Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building Pinterest boards of their favorite home features. According to a survey from Open […]
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a […]
Our orlando Property Management Team at Morgan Property Solutions recently reviewed the Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years. After what transpired ten years ago during the Real Estate recession, understand the concerns Americans have about the current […]
Orlando property manager Devinee Overton-Morgan with Morgan Property Solutions discusses owing a home versus renting. No matter if you rent or purchase a home, you end up end up paying towards the cost of the home. Depending on your situation there may be advantages for one option over the other. Mortgages are usually amortized so […]
Wouldn’t you like to grow your wealth in a relatively easy and passive way? Orlando property management company Morgan Property Solutions recommends purchasing real estate in central Florida. The Federal Reserve conducts a Survey of Consumer Finances every three years in which they collect data across all economic and social groups. The latest survey, […]
How does your nest egg look right now? Perhaps it is it non-existent or looking empty… well don’t worry because you can do something about that by making it a priority in your life to start investing. Morgan Property Solutions, orlando property manager believes the next 5 years is vital to your success and investing […]
Looking into your financial future does not have to be burdensome, says Orlando property manager and REALTOR Devinee Overton-Morgan. The current trend on real estate shows prices continuing to increase and building American family’s wealth. Today, real estate conversations tend to focus on housing prices and where they may be headed. That is why we […]
It might seem ludicrous for an Orlando property manager to tell people n not to rent! But many people cannot buy and considering how strong the rental market is, we are certainly not worried about a sudden decrease in rental prospects. So, if you are looking to move, why not consider the option of buying […]
During the recession, some homeowners elected to rent their home rather than sell it for less than it was worth. Many of these people have used our Orlando property management services. Now that the market is improving, the IRS allows for a temporary rental of a principal residence without losing your capital gains tax benefits. […]
Orlando Property Manager, Oliver Overton-Morgan, discussing how investing in real estate is America’s top choice for some very good reasons. Real estate is the overwhelming preferred choice of investment by Americans as identified in a recent survey. With the Dow Jones industrial average reaching record highs this year, it might be expected that the stock […]