for buyers: Baby Boomers: Home Is Where The Heart Is - 09/11/15 03:55 PM

Within the next five years, Baby Boomers are projected to have the largest household growth of any other generation during that same time period, according to the Joint Center for Housing Studies of Harvard. Let’s take a look at why…
In Merrill Lynch’s latest study, “Home in Retirement: More Freedom, New Choices” they surveyed nearly 6,000 adults ages 21 and older about housing.
Crossing the “Freedom Threshold”Throughout our lives, there are often responsibilities that dictate where we live. Whether being in the best school district for our children, being close to our jobs, or some other factor is preventing a move, the study found that there is a … (6 comments)

for buyers: An Easy Way to Find the Perfect Real Estate Agent - 09/11/15 03:51 PM

There is a plethora of real estate information available today in the news and on the internet. It can be extremely confusing at times.
If you are thinking of buying or selling, you need an agent who can help make sense of this rapidly evolving housing market. You need an agent who can help you price your home correctly at the beginning of the selling process. You need an agent who can help you determine what to offer on your dream home without paying too much or offending the seller with a low-ball offer.
Dave Ramsey, the financial guru advises:
“When getting help with … (2 comments)

for buyers: Should I Wait to Put Down a Bigger Down Payment? - 09/11/15 03:47 PM

Some experts are advising that first time and move-up buyers wait until they save up 20% before they move forward with their decision to purchase a home. One of the main reasons they suggest waiting is that a buyer must purchase private mortgage insurance if they have less than the 20%. That increases the monthly payment the buyer will be responsible for.
In a recent article, Freddie Mac explained what this would mean for a $200,000 house:
However, we must look at other aspects of the purchase to see if it truly makes sense to wait.
Are you actually saving money by waiting?CoreLogic has recently projected that home values will increase by … (2 comments)

for buyers: 5 Financial Reasons To Buy A Home - 09/11/15 03:42 PM

We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities.
Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership in his paper -The Dream Lives On: the Future of Homeownership in America.
Here are the five reasons, each followed by an excerpt from the study:  1.) Housing is typically the one leveraged investment available.“Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As … (2 comments)

for buyers: Most Experts Agree: There is No Housing Bubble - 09/11/15 03:39 PM

There is no doubt that home prices in the vast majority of housing markets across the country are continuing to increase on a month over month basis. The following map (based on data from the latest CoreLogic pricing report) reveals the appreciation level by state:
These increases in value have caused some to be concerned about a new price bubble forming in residential real estate. Here are quotes from many of the most respected voices in the housing industry regarding the issue:
Nick Timiraos, reporter at the Wall Street Journal:“Predictions of a new national home price bubble look unfounded for now, according to data.”
Michael Fratantoni, Chief … (0 comments)

for buyers: Thinking of Buying a Home? Ask Yourself These 3 Questions! - 09/11/15 03:36 PM

If you are debating purchasing a home right now, you are surely getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in real estate.
Let’s look at whether or not now is actually a good time for you to buy a home.
There are 3 questions you should ask before purchasing in today’s market:1. Why am I buying a home in the first place?This truly is the most important question to answer. Forget the finances for a minute. Why did you … (3 comments)

 
Allison Gaddy, Real Estate Professional, focused on your goals! (eXp Realty, Unique Luxury Living)

Allison Gaddy

Real Estate Professional, focused on your goals!

Austin, TX

More about me…

eXp Realty, Unique Luxury Living

Address: 1900 Great Hills Trail, Suite 150, Austin, TX, 78759

Office: 512-954-8800

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