Greg King

Greg King

Realtor ®
S.0070665.LLC

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Why Waiting to Buy a Home Could Cost You a Small Fortune

By G.King - June 09, 2021
Why Waiting to Buy a Home Could Cost You a Small Fortune     Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some renters have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. To determine if th

Americans Find Nonfinancial Benefits of Homeownership Most Valuable

By G.King - June 07, 2021
Americans Find the Nonfinancial Benefits of Homeownership Most Valuable     Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and pers

Patience Is the Key to Buying a Home This Year

By Greg King - June 02, 2021
      The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps

Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

By Greg King - May 31, 2021
      Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher value. Recently, two national sur

Is Home Price Appreciation Accelerating Again

By Greg King - May 28, 2021
      At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that increase in inventory has yet t

Will the Housing Market Maintain Its Momentum?

By Greg King - May 26, 2021
      Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation of why e

Do not Be Fooled by Remarkable Real Estate Headlines

By Greg King - May 21, 2021
      Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-t

Planning to Move You Can Still Secure a Low Mortgage Rate on Your Next Home

By Greg King - May 19, 2021
      This year, mortgage rates have slowly climbed above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historical norm. Here’s why. After creeping up for seven consecutive weeks, average

How Much Time Do You Need To Save for a Down Payment

By Greg King - May 17, 2021
      One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think. Using data from the U.S. Department of Housing and Urb

82,338 Great Reason to Buy a Home Today

By Greg King - May 14, 2021
      The financial benefits of buying a home compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts call home prices to continue appreciating over the next several years. The most recent Home Price Expectation Survey, a survey of over one hundred economists,

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