Tag Archives: buying homes

Buying a Home is more Affordable than Renting in most of the U.S

In 53% of the United States, its cheaper to Buy vs Rent. In the newly released ATTOM Data Solutions 2020 Rental Affordability Report, it shows that owning a median-priced, three-bedroom home is more affordable than renting a three-bedroom property in 455, or 53 percent, of the 855 U.S. counties analyzed for the report. However, the […]

New Years Resolutions To Sell Your Home

New Year’s Resolutions to Sell Your Home

Looking to start 2020 by selling your home and starting fresh in a new residence? Selling your home can be a daunting and overwhelming task. If your planning to sell your home in the near future, here are a few resolutions to help you get started. Mark Your Calendar! Set your listing date well in […]

Freddie Mac’s Housing Forecast Rosy for 2020

Freddie Mac's Housing Forecast Rosy for 2020

The housing market will hold steady this year, according to the Freddie Mac December Forecast. You can read their official report here. Freddie Mac expects home sales to jump from 6 million in 2019 to 6.2 million in 2020 and to 6.3 million in 2021. Price growth will likely continue to decelerate through 2021, with […]

New Home Sales Improve

New Home Sales Improve

Median Sales Prices Jump to $330,800. Sales of newly built homes rose in November according to the U.S. Census Bureau and Department of Housing and Urban Development (HUD). New home sales increased by 1.3% from October for an seasonally adjusted annual rate of 719,000. Last year, this was much lower at 615,000, so this is […]

Home Builder Sentiment Best in 20 Years

A stronger economy and a severe housing shortage have the nation’s home builders feeling better than they have in two decades. Builder confidence in the newly built, single-family home market jumped 5 points in December to 76, the highest reading since June 1999, according to the National Association of Home Builders Housing Market Index. Anything […]

Loan Limits Raised

Many homebuyers can now get a Conventional mortgage rather than a Jumbo mortgage. Fannie Mae and Freddie Mac have announced their new (and higher) conforming loan limits for 2020 and the good news is that more home buyers will be able to purchase a home via a conventional mortgage than being forced to obtain a […]

Tips To Sell Your Home In Winter

Winter is just around the corner and while houses usually do not sell as well in winter as in the warmer seasons, there are some things you can do to to make buyers more likely to visit your open house. Here are several things to try when selling your home in winter. Clear Snow This […]

Existing Home Sales and Prices Increase

Existing-home sales rose in October, according to the National Association of Realtors. The four major U.S. regions were split last month, with the Midwest and the South seeing growth, and the Northeast and the West both reporting a drop in sales. Total existing-home sales are completed transactions that include single-family homes, townhomes, condominiums and co-ops.  […]

Bidding Wars

Report shows over 10% of homes for sale have multiple bids. Nothing makes a seller feel better and a home buyer feel worse than a bidding war. This is when multiple offers come in, driving up the price of the property for sale. Historically low unemployment rates, rising wages and mortgage rates that are lower […]

Our Featured Property in Lexington’s Sophisticated Living Magazine

Our featured property, 3860 Gloucester Drive in Lexington is featured in the November/December issue of Sophisticated Living Magazine. This 4,800 square foot home was designed by Pohl Rosa Pohl, it was custom-built in 2003 on a former tree nursery. Located just one mile from Keeneland and several minutes from downtown Lexington, these seven acres combine […]