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May 2018

Found 2 blog entries for May 2018.

Written by Robert H. Ruth

Every year since 2013 the National Association of Realtors (NAR) has published a report looking at trends among buyers and sellers in the Real Estate Industry from the previous year. I’ve always eagerly anticipated this report because it provides excellent insights into the composition of the Real Estate marketplace. This year I thought I’d share some of the more significant findings that are pertinent to home buyers since that is the focus of my blog posts here. If you want to see the report for yourself, I have provided a link for you to download a pdf version here: CLICK HERE

The introduction of the report has much useful information about the composition of buyers in the Real Estate marketplace .  Here are what I

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Help your buyer clients fully understand homeownership

    Did you know that homeowners will spend between 1 percent and 2 percent of their home’s value on upgrades and upkeep annually? This percentage is in addition to their mortgage payments and typical monthly expenses. In this video, Tim Bray shares more on the true cost of owning a home. Below, you’ll find an infographic that shows how often various home maintenance tasks need to be performed. Real estate agents can use this information when discussing affordability with clients and share the infographic as well.     Infographic designed by Brittany Carr © 2018 - click here for a high resolution PDF
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