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Monthly Archives: August 2019

    A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]

    By TPG Louisville HUB | August 30, 2019

    Some Highlights: There is plenty of talk in the media about a pending economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th. Many experts predict a potential... Read More

    iBuyers: What Is the “Cost of Convenience” When Selling Your Home?

    By TPG Louisville HUB | August 29, 2019

    When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer? According to Jovio, the definition is: “A company or investor that uses Automated Valuation Models (AVMs) to make instant offers on homes. It allows sellers to close on a property quickly. Once sold,... Read More

    Top Priorities When Moving with Kids

    By Admin | August 28, 2019

    According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take on a whole different approach when it comes to finding the right size, location,... Read More

    What’s the Latest on Interest Rates?

    By Admin | August 27, 2019

    Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market. According to Freddie Mac’s Primary Mortgage Market Survey, “the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it... Read More

    Experts Predict a Strong Housing Market for the Rest of 2019

    By TPG Louisville HUB | August 26, 2019

    We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist for CoreLogic “We see the cooldown... Read More

    A Latte a Day Keeps Homeownership Away [INFOGRAPHIC]

    By TPG Louisville HUB | August 23, 2019

    Some Highlights: The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast! Saving for a down payment takes a little discipline, so lim... Read More

    5 Easy Steps to Avoid Overwhelm from Media Overload

    By TPG Louisville HUB | August 22, 2019

    When someone is thinking about buying or selling a home, they want to be well-informed. They want to make the right decision for themselves and their family. They scour the internet for any information they can find about the housing market. Today, there is an abundance of information available. It is often conflicting news. It... Read More

    Seniors Are on the Move in the Real Estate Market

    By TPG Louisville HUB | August 21, 2019

    Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,  “Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample reason…to reserve a special day in honor of the... Read More

    Housing Supply Not Keeping Up with Population Increase

    By TPG Louisville HUB | August 20, 2019

    Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up. The number of new housing permits issued prior to the great recession increased for 15 years until 2005 (from 1.12 million in... Read More

    A Great Way to Increase Your Family’s Net Worth

    By TPG Louisville HUB | August 19, 2019

    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... Read More