The latest Existing Home Sales Report issued by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in over two years. This has some industry leaders puzzled considering the fact that the economy is strengthening, unemployment is down, and wages are beginning to rise. This begs the...
August 2018
Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of all listings had a price cut in June Since the beginning of the year, the share of listings with a price cut increased...
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one sitting. When you’re in the middle of your real estate themed show marathon, you might start...
Having moved internationally across the Atlantic and across the USA four times, we have dealt with a number of real estate agents and none measure up to Tony Meier’s thoroughness and professionalism from start to finish. His preparation, use of the media, and up to date knowledge of the market are extraordinary! We have worked with Tony over several years as we contemplated where to move. Finally,...
Tony and team helped us buy our first home and six years later, helped us sell our first home. We only wish we could bring him with us to Arizona! Moving is hard and Tony was right there with us every step of the way and is still offering his support even weeks after the move. Tony's incredible photography skills made our home look bigger and better than I could have ever imagined. He responds to...
In a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.” Bach suggests that homebuyers should, “Take out a 30-year mortgage, but with the intention of paying it off in 25, 20 or ideally, 15 years.” How does he...
Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that they do not aspire to still achieve those...
KIRKLAND, Washington (August 6, 2018) - "Home sellers throughout the Seattle region are experiencing a reality check and the days of multiple offers are days of the past," was how one director with Northwest Multiple Listing Service summarized the market upon reviewing the statistical report for July. New figures from Northwest MLS show year-over-year improvement in inventory (up 6.5 percent), but...
The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States. In the six years that Trulia has conducted this study, this is the first time that it was cheaper to rent than buy in any of the metropolitan...