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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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Americans’ Powerful Belief in Homeownership as an Investment

The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income, or region of the country, more than 55% of Americans in each category see homeownership as a good investment. This coincides with a recent Gallup survey of Americans which revealed that real estat...

July 19th, 2019 | Baby Boomers , Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Housing Market Updates, Millennials, Move-Up Buyers, Americans’ Powerful Belief in Homeownership as an Investment

Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]

Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!

July 18th, 2019 | Buying Myths, Demographics, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, infographic, Millennials, Move-Up Buyers, Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]

Home Price Appreciation Forecast

Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond. We’ve gathered current data from the industry’s most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics each quarter. Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successf...

July 17th, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Home Price Appreciation Forecast

Should I Refinance My Home?

With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most common ones: Lower your interest rate and payment – This is the most popular reason. If you have a 5% interest rate or higher, it might be worth seeing if you can take advantage of the current lower interest rates, hovering below 4%, to reduce your monthly payment and overall co...

July 16th, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, interest rates, Move-Up Buyers, Should I Refinance My Home?

What is Really Happening with Home Prices?

Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year. However, a stronger-than-expected economy and a good spring housing market have changed some opinions. Some analysts are now predicting that home value appreciation may begin to increase as we move forward. Here are three examples: Mark Fleming, Chief Economist of First American “Data on the movement ...

May 24th, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, What is Really Happening with Home Prices?

Top Days to List Your Home for Sale [INFOGRAPHIC]

ATTOM Data Solutions conducted an analysis of more than 29 million single family home and condo sales over the past eight years to determine the top days to list your home for sale. The top five days to list your home brought in a 10% premium over market value and are all in either May or June! “Families start their home search when they know their kids will be out of school and when the weather is ideal for home viewing and moving, giving home sellers an upper hand in price negotiations.” There is still time to list your home before these dates pass you by!...

May 23rd, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, infographic, Top Days to List Your Home for Sale [INFOGRAPHIC]

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