![The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]](https://imperialpropertiesnh.com/wp-content/uploads/2019/05/20190503-Share-KCM-571x300.jpg)
by mdennehy | May 3, 2019 | Uncategorized
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice...
by mdennehy | May 2, 2019 | Uncategorized
Over the last several years, many “baby boomers” have undergone a metamorphosis. Their children have finally moved out and they can now dream about their own future. For many, a change in lifestyle might necessitate a change in the type of home they live in. That...
by mdennehy | May 1, 2019 | Uncategorized
Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in decades! These two factors...
by mdennehy | Apr 30, 2019 | Uncategorized
There are many reasons why a homeowner decides to sell their house and move. The latest Generational Trends Report from the National Association of Realtors asked recent home sellers to share their reason for moving. The younger the respondents, the more likely their...
by mdennehy | Apr 29, 2019 | Uncategorized
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state. Using data...
![Existing Home Sales Slow to Start Spring [INFOGRAPHIC]](https://imperialpropertiesnh.com/wp-content/uploads/2019/04/20190426-Share-KCM-549x300.jpg)
by mdennehy | Apr 26, 2019 | Uncategorized
Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home prices were up 3.8% over last March at...
by mdennehy | Apr 25, 2019 | Uncategorized
In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical...
by mdennehy | Apr 24, 2019 | Uncategorized
There has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t...
by mdennehy | Apr 23, 2019 | Uncategorized
According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing...
by mdennehy | Apr 22, 2019 | Uncategorized
With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional. Real estate agents are trained and experienced in negotiation while, in most...
