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First-Time Home Buyers Continue to Put Down Less Than 6%!

First-Time Home Buyers Continue to Put Down Less Than 6%!

According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying, but in...
Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]

Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]

Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Profile of Home Staging. 62% of seller’s agents say that staging a home decreases the amount of time a home spends on the market. 50% of staged homes saw a 1-10% increase in dollar-value...
House-Buying Power at Near-Historic Levels

House-Buying Power at Near-Historic Levels

We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power”...
Rising Interest Rates Have Not Dampened Demand

Rising Interest Rates Have Not Dampened Demand

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment. First American recently released the results of their quarterly...
How Long Do Most Families Live in a House?

How Long Do Most Families Live in a House?

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows, over the last twenty...
The #1 Reason to List Your House for Sale NOW!

The #1 Reason to List Your House for Sale NOW!

If you are debating whether or not to list your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes for Sale The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun recently commented on the current lack of inventory: “Inventory...
Cost Across Time [INFOGRAPHIC]

Cost Across Time [INFOGRAPHIC]

Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.1% by this time next year according to Freddie Mac. The impact your interest rate makes on your...
Homes More Affordable Today than 1985-2000

Homes More Affordable Today than 1985-2000

Rising home prices have many concerned that the average family will no longer be able to afford the most precious piece of the American Dream – their own home. However, it is not just the price of a home that determines its affordability. The monthly cost of a home is...
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Can Your Realtor Really Save You Money?

We've all made decisions that changed the course of our lives, cost us money or saved us money.  Did you ever think about what your realtor may bring to the table?  We have stories, just ask us.   The California purchase agreement allows a standard 17 days for buyers to review...
Americans Still Believe Real Estate is Best Long-Term Investment

How to Sell Your Home Quickly and Maximize Your Profit

Here are some tips: 1.  When you get that call for a showing, turn on all of your lights and open the blinds.  If the weather permits, let in fresh air.  You are creating a first impression.  Leave the house so potential buyers can talk to their realtors freely and...
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The Tevis Cup Equestrian Endurance Ride

The Tevis Cup is a "100 Miles One Day Trail Ride" that begins in a short two weeks on August 5th, at 5:15 AM.  It follows a rugged portion of the Western States Trail which stretches from Salt Lake City, Utah to Sacramento. This annual endurance riding event is recognized...
The Smart & Easy Way To Make Your Own Essential Oils

The Smart & Easy Way To Make Your Own Essential Oils

Image source: Pixabay.com It’s surprisingly easy to extract homemade essential oils at from home-grown herbs. The health benefits of aromatherapy have long been documented in peer-reviewed studies, and they’re now being used in hospitals by nurses as complementary alternative medicine. Essential oils also have been shown to have antibacterial properties,...