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  • A Great Way to Increase Your Family’s Net Worth
    by simplify on August 19, 2019 at 10:00 am

    Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased […]

  • Buying a Home: Do You Know the Lingo? [INFOGRAPHIC]
    by simplify on August 16, 2019 at 10:00 am

    Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home. The best way to ensure your home-buying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher.&rsquo […]

  • Busting the Myth About a Housing Affordability Crisis
    by simplify on August 15, 2019 at 10:00 am

    It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the price of a home that matters, but the price relative to a […]

  • The Benefits of Growing Equity in Your Home
    by simplify on August 14, 2019 at 10:00 am

    Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break down three ways this is a win for […]

  • 5 Real Estate Reality TV Myths Explained
    by simplify on August 13, 2019 at 10:00 am

    Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one sitting. When you’re in the middle of your real estate-themed TV […]

  • American Confidence in Housing at an All-Time High
    by simplify on August 12, 2019 at 10:00 am

    Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions. Great News! […]

  • Rent Vs. Own [INFOGRAPHIC]
    by simplify on August 9, 2019 at 10:00 am

    Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather than that of your landlord. Renting and owning both have up-front fees when you sign your lease or close, respectively. Think about putting that money to work for you! […]

  • Why All the Chicken Littles Should Calm Down
    by simplify on August 8, 2019 at 10:00 am

    The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% […]

  • Are Older Generations Really Not Selling Their Homes?
    by platarealtygroup on May 21, 2019

    Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings show that Baby Boomers (43%) and the Silent […]

  • Starting the Search for Your Dream Home? Here Are 5 Tips!
    by platarealtygroup on May 20, 2019

    In today’s real estate market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. In a realtor.com article entitled, “How to Find Your Dream Home—Without Losing Your Mind,” the author highlights some steps that first-time homebuyers can take to help carry their excitement […]

  • Top Days to List Your Home for Sale [INFOGRAPHIC]
    by platarealtygroup on May 17, 2019

    Some Highlights: 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 […]

  • What is Really Happening with Home Prices?
    by platarealtygroup on May 16, 2019

    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 […]

  • 4 Tips for Making a Competitive Offer
    by platarealtygroup on May 15, 2019

    So, you’ve been searching for that perfect house to call ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure you make a good offer so that you can guarantee that your dream of making this house yours comes true! Below are 4 steps […]

  • New Research Shows Housing Is Affordable For First-Time Buyers
    by platarealtygroup on May 14, 2019

    Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage of First-Time Home Buyers (FTHB) on a monthly and yearly basis. Their […]

  • A Lack of Inventory Continues to Impact the Housing Market
    by platarealtygroup on May 13, 2019

    The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to strengthen in 2019. However, there is one thing that […]

  • A Tale of Two Markets [INFOGRAPHIC]
    by platarealtygroup on May 10, 2019

    Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium home markets which is causing prices […]

  • What can a property manager do for you?
    by platarealtygroup on January 17, 2019

    Having a rental property is a great way to diversify your investment portfolio and earn additional, passive income in the process. Managing one, however, can carve out a huge chunk of your time. It’s a hands-on business, after all. If you’re not too keen on handling the responsibility, you can always hire a property manager […]

  • Buying Bay Area commercial real estate in a smart way
    by platarealtygroup on January 10, 2019

    With business booming and more people coming in, the Bay Area market is looking hotter than ever for commercial real estate investors. Are you planning on delving into this venture? Here are several tips and tricks that will help you invest in Bay Area commercial real estate. Find a commercial real estate specialist. New to […]

  • 3 Questions to ask before you invest in a condo
    by platarealtygroup on January 3, 2019

    Condos are generating a lot of interest in the Bay Area and with good reason. It provides a variety of flexible real estate options, especially in a market as sought after as the Bay Area. That said, living in a condo doesn’t fit everyone. Here are a couple of questions you need to ask yourself […]

  • Best Locations To Buy An Investment Property In San Francisco
    by platarealtygroup on November 30, 2018

    Without a doubt, San Francisco is currently one of the country’s most lucrative real estate markets. The catch however, is that home prices are peaking at record highs, which can either be a perfect opportunity or a challenge. If you’re serious about buying a San Francisco investment property, it’s important for you to prepare to […]

  • Easy and Affordable Rental Property Upgrades
    by platarealtygroup on November 26, 2018

    Upgrading your rental unit doesn’t have to be expensive. There are plenty of budget-friendly improvements you can do which can create a great impact. Here are a few easy and affordable upgrades you can consider for your rental property: Paint You don’t need to repaint the entire house. You can pick your spots by focusing […]

  • 5 Helpful Tips On Buying A Home In The Bay Area
    by platarealtygroup on November 16, 2018

    The Bay Area market is one of the most competitive housing markets in the country today, which means searching for a property here can seem like a daunting task. The good news is you can put yourself in the best position to buy in the Bay Area simply by being aware of the basics and […]