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Author Archives: Ron Erickson

Are Lending Standards Too Loose…or Too Tight?

Posted on June 15, 2018 by Ron Erickson

With 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 Continue reading Are Lending Standards Too Loose…or Too Tight?→

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Parents Say Kids’ Opinions Matter Big When Buying a Home

Posted on June 14, 2018 by Ron Erickson

A 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 Continue reading Parents Say Kids’ Opinions Matter Big When Buying a Home→

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When Is a Good Time to Rent? Not Now!

Posted on June 13, 2018 by Ron Erickson

People 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 Continue reading When Is a Good Time to Rent? Not Now!→

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Days on The Market Drops to New Low in April

Posted on June 12, 2018 by Ron Erickson

According 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. Continue reading Days on The Market Drops to New Low in April→

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The Cost of Renting vs. Buying [INFOGRAPHIC]

Posted on June 9, 2018 by Ron Erickson

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), Continue reading The Cost of Renting vs. Buying [INFOGRAPHIC]→

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Did Tax Reform Kill the Luxury Market? NOT SO FAR!

Posted on June 8, 2018 by Ron Erickson

The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, Continue reading Did Tax Reform Kill the Luxury Market? NOT SO FAR!→

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Homeowners & Appraisers See the Most Eye-to-Eye on Price in 3 Years

Posted on June 7, 2018 by Ron Erickson

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5% (or more) over the next twelve months. One major Continue reading Homeowners & Appraisers See the Most Eye-to-Eye on Price in 3 Years→

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4 Steps to Follow When Presenting an Offer in Today’s Market!

Posted on June 6, 2018 by Ron Erickson

So, you’ve been searching for that perfect house to call a ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure that you make a great offer so that Continue reading 4 Steps to Follow When Presenting an Offer in Today’s Market!→

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4 Reasons Why Summer Is a Great Time to Buy a Home!

Posted on June 5, 2018 by Ron Erickson

Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that Continue reading 4 Reasons Why Summer Is a Great Time to Buy a Home!→

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Top Reasons to Own Your Home [INFOGRAPHIC]

Posted on June 2, 2018 by Ron Erickson

Some Highlights: June is National Homeownership Month! Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home? Powered by WPeMatico

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