Multi-Generational Households May Be The Answer To Price Increases
Multi-Generational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to an article by Realtor.com, “Nearly 1 in 5 Americans is now living in… Read More
Feeling Stuck in Place?… You Aren’t Alone
Whether you are a renter who is searching for your dream home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place.
5 Reasons Home Ownership Makes ‘Cents’
The American Dream of home ownership is alive and well. Recent reports show that the US home ownership rate has rebounded from recent lows and is headed in the right direction. The personal reasons to own differ for each buyer,… Read More
Riverside Real Estate Update
Prices continue to creep up in the Riverside real estate market. For a quick and easy update, check out the infographic below. If you would like monthly updates for your zip code or neighborhood, sign into our website… Read More
69% of New Homebuyers are Wrong About Down Payment Needs
According to a recent survey conducted by Genworth Financial Inc. at the Annual Mortgage Bankers’ Association Secondary Market Conference, 69% of potential first-time buyers still believe a 20% down payment is necessary to buy in today’s market. Nearly… Read More
Real Estate Lingo Guide for Buyers
Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms… Read More
Inventory Shortage = Inventory Mismatch
The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6 month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than… Read More
Thinking of Selling? Do it TODAY!
That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!… Read More
Winter Buyers are Serious
The Ransom-McKenzie Team has been busy already this winter. We’ve been experiencing a high volume of buyers who are ready to buy, now. While winter is often perceived as a down time for real estate, we’re currently seeing… Read More