Pricing | The Horne Team at Mid America Mortgage, Inc.

Where is the Housing Market Headed in 2019? [INFOGRAPHIC]

by Tom Horne | Dec 28, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Pricing

Some Highlights: Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes! Home prices will rise at a rate of 4.8% over the course of...

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC]

by Tom Horne | Nov 30, 2018 | First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Pricing

Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. Based on the latest numbers, if you plan on relocating to another state,...

Home Prices: The Difference 5 Years Makes

by | Mar 8, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

The economists at CoreLogic recently released a special report entitled, Evaluating the Housing Market Since the Great Recession. The goal of the report was to look at economic recovery since the Great Recession of December 2007 through June 2009. One of the key...

Are Home Values Really Overinflated?

by | Mar 2, 2018 | First Time Home Buyers, For Buyers, Housing Market Updates, Pricing

Last week, the National Association of Realtors (NAR) released their most recent Existing Home Sales Report. According to the report: “The median existing-home price for all housing types in January was $240,500, up 5.8 percent from January 2017 ($227,300). January’s...

Mortgage Rates on FIRE! Home Prices Up in Smoke?

by | Feb 23, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year. What impact will rising rates have on house values? Many quickly jump to the conclusion that an...

2 Ways to Get the Most Money from The Sale of Your Home

by | Feb 21, 2018 | For Sellers, FSBO's, Move-Up Buyers, Pricing, Selling Myths

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive the maximum value for your house? Here are two keys to ensure that you get the highest price possible. 1. Price it a LITTLE LOW ...