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Are Lending Standards Too Loose…or Too Tight?

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Are Lending Standards Too Loose…or Too Tight? | Simplifying The MarketWith home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the loosening of standards for mortgage credit. In a study done at the University of North […]
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Parents Say Kids’ Opinions Matter Big When Buying a Home

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Parents Say Kids’ Opinions Matter Big When Buying a Home | Simplifying The MarketA recent survey conducted by Harris Poll and released by SunTrust Mortgage found that “55% of homeowners with a child under the age of 18 at the time when they purchased their home said that the opinion of their offspring played a major role in their home buying decision.” When the results were broken down […]
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When Is a Good Time to Rent? Not Now!

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When Is a Good Time to Rent? Not Now! | Simplifying The MarketPeople often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOT a good time to rent. The Census Bureau recently released their 2018 first quarter median rent numbers. According to their […]
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Days on The Market Drops to New Low in April

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Days on The Market Drops to New Low in April | Simplifying The MarketAccording to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month. NAR’s Chief Economist, Lawrence Yun, had this to say, “What is available for sale is […]
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