Infographics | Chuck Norsch, CMPS, MBA

6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC]

by Chuck Norsch | Sep 13, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers

Some Highlights: Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home. Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are...

A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]

by Chuck Norsch | Aug 30, 2019 | Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Selling Myths

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 recession is on the...

A Latte a Day Keeps Homeownership Away [INFOGRAPHIC]

by Chuck Norsch | Aug 23, 2019 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers

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 limiting your extra...

Rent Vs. Own [INFOGRAPHIC]

by Chuck Norsch | Aug 9, 2019 | Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Infographics, Move-Up Buyers, Rent vs. Buy

Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space. Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be...

Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC]

by Chuck Norsch | Aug 2, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers

Some Highlights: Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal...

Home Prices Up 5.05% Across the Country [INFOGRAPHIC]

by Chuck Norsch | Jul 26, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, 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,...