Summit Real Estate Blog

Housing Crunch to Hold in Most Price Ranges

Housing Crunch to Hold in Most Price Ranges

Daily Real Estate News | Friday, February 17, 2017Home buyers at many income levels likely will see an inadequate amount of homes for sale in their price range in the coming months, according to a new housing affordability model created by the ...

Read More
President's Day Weekend-All the Presidents’ Home Prices

President's Day Weekend-All the Presidents’ Home Prices

All the Presidents’ Home PricesPosted in Home Sales Statistics, Infographics, by Adam DeSanctis on February 17, 2017There have been nine U.S. presidents since the National Association of Realtors® began its comprehensive reporting of home sales data ...

Read More
First Comes Love... Then Comes Mortgage?

First Comes Love... Then Comes Mortgage?

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2016 at 58% of all buyers. It is no surprise that having two incomes to ...

Read More
3 Questions to Ask If You Want to Buy Your Dream Home

3 Questions to Ask If You Want to Buy Your Dream Home

If you are debating purchasing a home right now, you are probably 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 the real ...

Read More
2 Myths That May Be Holding Back Buyers

2 Myths That May Be Holding Back Buyers

Fannie Mae’s article, “What Consumers (Don’t) Know About Mortgage Qualification Criteria,” revealed that “only 5 to 16 percent of respondents know the correct ranges for key mortgage qualification criteria.”Myth #1: “I Need a 20% Down Payment”Fannie ...

Read More