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Monthly Archives: June 2018

    5 Reasons Millennials Choose to Buy a Home

    By Danny Cheung | June 29, 2018

    Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living... Read More

    Next Recession in 2020? What Will Be the Impact?

    By Danny Cheung | June 28, 2018

    Economists and analysts know that the country has experienced economic growth for almost a decade. They also know that a recession can’t be too far off. A recent report by Zillow Research shed light on a survey conducted by Pulsenomics in which they asked economists, investment strategists and market analysts how they felt about the current housing market. That report revealed... Read More

    What’s the Median Home Value in Your State?

    By Danny Cheung | June 27, 2018

    If you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra “location, location, location” in reference to identical homes increasing or decreasing in value based on where they’re located. In today’s housing market where home prices are appreciating quickly, it’s important to know that not every home appreciates at the... Read More

    Are You Wondering If You Can Buy Your First Home?

    By Danny Cheung | June 26, 2018

    There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they get married or start a family, some might think they are too young, and still, some others might think their current incomes... Read More

    You DO NOT Need 20% Down to Buy Your Home NOW!

    By Danny Cheung | June 25, 2018

    The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that the main reason why non-homeowners do not own their own homes is because they believe that they... Read More

    Homes are More Affordable in 44 out of 50 States

    By Danny Cheung | June 21, 2018

    With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability prior to the housing boom and bust, we are in much better shape than... Read More

    3 Issues Facing Today’s Real Estate Market

    By Danny Cheung | June 20, 2018

    Last week, the National Association of Real Estate Editors (NAREE) held their 52nd Annual Journalism Conference in Las Vegas, NV. Among the many highly anticipated sessions was one called “Top Ten Issues Affecting Real Estate™,” given by Joseph Nahas, Jr., Chair of the Counselors of Real Estate & Senior Vice President of Equus Capital Partners.  The Counselors of Real Estate (CRE) “is an international organization... Read More

    Top 5 Reasons You Shouldn’t FSBO

    By Danny Cheung | June 19, 2018

    In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are the top... Read More

    How A Lack of Inventory Impacts the Housing Market

    By Danny Cheung | June 18, 2018

    The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. The market will continue to strengthen in 2018. However, there... Read More

    Top 4 Home Renovations for Max ROI

    By Danny Cheung | June 15, 2018

    Some Highlights: Whether you are selling your home, just purchased your first home or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI). Minor bathroom renovations can go a long way toward improving the quality of your everyday... Read More