Andres Epps Realtor

09/03/2021

First-time buyers have been budgeting, working on their credit scores and saving toward a down payment even as many have become less confident in their ability to secure their first house, according to the new report from JPMorgan Chase & Co.

A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals.

09/02/2021

How can staging your home make a significant difference?

09/01/2021

The apartment market is booming. Based on NARS's analysis of CoStar market data in 138 markets, net absorption rose by 207,035 units in 2021 Q2 from the prior quarter. Read the full details below!

The apartment market is booming. Based on NAR's analysis of CoStar market data in 138 markets1, net absorption (change in number of occupied units) rose by 207,035 units in 2021 Q2 from the prior quarter.

08/31/2021

Here are the facts and the figures on how June 2021 home prices hit 2️⃣nd highest pace. Check out these graphs and stats!

Existing-home sales data show that housing market activity this June increased 1.4% from May 2021 and 22.9% from June 2020, with existing-home sales reaching a 5.86 million seasonally adjusted annual rate.

08/30/2021

Mortgage rates hit new all-time low for 15-year loans!

Interest rates for a 15-year mortgage hit new all-time lows amid high sale prices and low inventory. Rates for 30-year loans dipped as well.

08/27/2021

⏹️ Let's talk LUXURY for a minute! ▶️

A luxury real estate broker shares his take on the market, what he's seeing in his neck of the woods, plus how he's pivoting his focus to get more sellers.

08/25/2021

Do these findings correlate with your home style preferences for your next home design?

Check out the age groups that tended to show slightly different preferences for interiors and exteriors!

Find out how most envision the perfect property.

08/24/2021

Did you know that the average down payment among all buyers is just 12%?

You may be closer to buying your next home than you think! See the full story on why 20% may not be the expected amount to put down!

While most still think 20% is necessary, the average down payment is actually just 12%, according to NAR data.

08/23/2021

With the biggest hit taking place in the early months of the pandemic, the mortgage outlook continues to improve. Overall delinquency rates dropped annually for the first time since March 2020. Read the full article now!

According to property analytics provider CoreLogic, 4.7 percent of mortgages in the US were in some state of delinquency in April.

08/20/2021

Foreign buyers may soon swoop back into US housing market and here's why ⬇️

International buyers were less involved in the U.S. housing market during the first year of the pandemic — but that may soon change.

08/19/2021

Qualified buyers are serious buyers: See how your offer would have a higher chance of being considered and accepted with the right agent on your side!

This trend reflects the decline in the share of buyers who obtain mortgages insured by the Federal Housing Administration (FHA) and the Veterans Administration (VA) which insure zero and low downpayment loans.

08/18/2021

The pandemic has redefined a home's role and has become a top priority for American households. An economist for First American shares the homeownership progress index and examines the trends impacting the potential for homeownership demand. See the stats ⏬

First American Deputy Chief Economist Odeta Kushi shares her proprietary Homeownership Progress Index, examining the trends impacting the potential for homeownership demand.