Author Archives: Ron Erickson

Every Hour in the US Housing Market:  596 Homes Sell 278 Homes Regain Positive Equity Median Home Values Go Up $1.20 Powered by WPeMatico

There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources: Mortgage Bankers Association (MBA) – As the leading advocate for the real Continue reading How Will Home Sales Measure Up Next Year?→

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be Continue reading Taking Fear Out of the Mortgage Process→

Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or Continue reading Are You Spending TOO Much on Rent?→

With home prices on the rise and buyer demand still strong, some sellers may be tempted to try and sell their homes on their own without using the services of a real estate professional. Real estate agents are trained and Continue reading Thinking of Selling Your Home? Here’s Why You Need A Pro in Your Corner→

Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts: 72% of buyers who Continue reading Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]→

There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The Continue reading Where are Home Values Headed over the Next Few Years?→

According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well! Now that the largest generation since baby Continue reading Still Think You Need 15-20% Down to Buy a Home? Think Again!→

Lately, there have been many headlines circulating about whether or not there is an “affordability issue forming in the housing market.” If you are considering selling your current house and moving up to the home of your dreams, but are Continue reading Housing Is Still Affordable in the United States!→

There are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is Continue reading Will Home Prices Continue to Increase?→