Graham's Blog - Your Real Estate Specialist

There has been a lot of talk about how difficult it is to get a home mortgage in today’s lending environment. However, three recent reports have revealed that lending standards are beginning to ease. This is great news for both first time buyers and current homeowners looking to move or buy a sec...

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index homeownership is a better way to produce greater wealth, on average, than renting.The BH&J Index is a quarterly report that attempts to answer the question:Is it better to rent or buy a home in today’s housing market? The...

In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLYThe National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 4.8-month supply. This is ...

Earlier this month, Fannie Mae’s Economic & Strategic Research Group announced the launch of their Home Purchase Sentiment Index (HPSI). The index will distill results from Fannie Mae’s consumer-focused National Housing Survey into a single, monthly, predictive indicator. According to Doug Duncan...

We still have historically low interst rates and it is still an exceptional time to buy a home. Even though they have crept up a little you should not pass this opportunity up. The average 30-year rate for all loans closed in August eclipsed 4.3% for the first time since October 2014. The average...

The National Association of Realtors (NAR) recently released their July edition of the Housing Affordability Index. The index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national level based on the most recent price and inco...

There are many young people debating whether they should renew the lease on their apartment or sign a contract to purchase their first home.Housing Cost & Net WorthWhether you rent or buy, you have a monthly housing cost. As a buyer, you are paying YOUR mortgage. Every mortgage payment is a form ...

Last month, the National Association of Realtors (NAR) reported that housing inventory was down 4.7% from the same time last year and that the month’s inventory of homes for sale stood at 4.8 - far below the six months necessary for a normal housing market. Why is there such a shortage of invento...

What is the Economic Impact of Every Home Sold? Every time a home is sold, the surrounding economy feels a boost. Different industries and businesses benefit at each stage of the process of moving into a home! Hawaii leads the way with a $177,000 boost to the local economy. The Infographic below ...

If you are debating purchasing a home right now, you are surely getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in real estate.Let’s look at whether or not now is actually a go...