To Stage…or Not to Stage? That Is the Question! [INFOGRAPHIC]

By Jennifer Ruspini | August 18, 2017

To Stage...or Not to Stage? That Is the Question! [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging.
  • 50% of staged homes saw a 1-10% increase in dollar value offers from buyers.
  • 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.
  • The top rooms to stage to attract more buyers are the living room, master bedroom, kitchen, and dining room.

58% of Homeowners See a Drop in Home Values Coming

By Jennifer Ruspini | August 17, 2017

58% of Homeowners See a Drop in Home Values Coming | Simplifying The MarketAccording to the recently released Modern Homebuyer Survey from ValueInsured, 58 percent of homeowners think there will be a “housing bubble and price correction” within the next 2 years. After what transpired just ten years ago, we can understand the concern Americans have about the current increase in home prices. However, this market has very […]

Sellers: Your Home is an Oasis in an Inventory Desert

By Jennifer Ruspini | August 16, 2017

Sellers: Your Home is an Oasis in an Inventory Desert | Simplifying The MarketFirst-time homebuyers are flocking to the real estate market by the thousands to find their dream homes in order to make their dreams of homeownership a reality. Unfortunately for many, the inventory of starter and trade-up homes in the US has struggled to keep up with demand! According to the National Association of Realtors (NAR), […]

Homes Are Selling Quickly Nationwide

By Jennifer Ruspini | August 15, 2017

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 28 days in June. This is a slight increase from the 27 days reported in May, but down from 34 days reported a year ago. 54% of homes across the country were […]

Homeowner’s Net Worth Is Still Greater Than a Renter’s

By Jennifer Ruspini | August 14, 2017

Homeowner’s Net Worth Is Still Greater Than a Renter’s | Simplifying The MarketEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).  The latest survey data, covering 2014-2016 will […]

What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]

By Jennifer Ruspini | August 11, 2017

What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • Thinking of moving across the country? How far will your money take you?
  • The majority of states in the Midwest and South offer a lower cost of living compared to Northeast and Western states.
  • The ‘Biggest Bang for your Buck’ comes in Mississippi where, compared to the national average, you can actually purchase $116.01 worth of goods for $100.

Hey, Millennial Homeowners!! It May Be Time to Sell

By Jennifer Ruspini | August 10, 2017

Hey, Millennial Homeowners!! It May Be Time to Sell | Simplifying The MarketContrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise. Many Millennials took advantage of post housing […]

Housing Inventory Hits 30-Year Low

By Jennifer Ruspini | August 9, 2017

Housing Inventory Hits 30-Year LowSpring is traditionally the busiest season for real estate. Buyers, experiencing cabin fever all winter, emerge like flowers through the snow in search of their dream home. Homeowners, in preparation for the increased demand, are enticed to list their house for sale and move on to the home that will better fit their needs. New […]

93.9% Of Homes in The US Have Positive Equity

By Jennifer Ruspini | August 8, 2017

93.9% Of Homes in The US Have Positive Equity | Simplifying The MarketCoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained equity in Q1 2017. The outlook for 2017 remains positive as well, as an additional 600 thousand properties will regain equity if home prices rise another 5% this year.  The study also revealed that: Roughly 63% of all homeowners have seen their equity increase since Q1 2016 […]

How Long Do Most Families Stay in Their Home?

By Jennifer Ruspini | August 7, 2017

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows, for over twenty years (1985-2008), the median […]