O'Bannon Results Team

07/05/2023

Two Questions To Ask Yourself if You’re Considering Buying a Home

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. To help cut through the noise and give you the information you need most, take a look at what the data says. Here are the top two questions you need to ask yourself about home prices and mortgage rates as you make your decision:

>>Where Do I Think Home Prices Are Heading?

One reliable place you can turn to for that information is the Home Price Expectation Survey from Pulsenomics – a survey of a national panel of over one hundred economists, real estate experts, and investment and market strategists.

According to the latest release, the experts surveyed are projecting slight depreciation this year. But here’s the context you need most. The worst home price declines are already behind us, and prices are actually ap...

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market.

07/03/2023

Lending Standards Are Not Like They Were Leading Up to the Crash

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it.

Every month, the Mortgage Bankers Association releases the Mortgage Credit Availability Index. According to their website, “The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is . . . a summary measure which indicates the availability of mortgage credit at a point in time.”

Basically, the index determines how easy it is to get a mortgage. In 2004, the index was around 400. But, by 2006, it had gone up to over 850. Today, the story is quite different. Since the crash, the index went down because lending standards got tighter, so today it’s harder...

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008.

07/02/2023

Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.

Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You're not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory.

That means when you go to put your house on the market this summer, considering newly built homes is crucial for expanding the options you’ll have for your next move.

Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), highlights the importance of newly built homes for those looking to buy in today’s housing market. Dietz states, "With limited available housing inventory, new construction will continue to be a significant part of prospective buyers' search in the quarters ahead."

Don’t overlook this growing market se...

Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market?

07/01/2023

This canopy bed looks like the perfect place for a good nights sleep!

07/01/2023

Enter July’s sweepstakes to win $500 in gift cards from popular retailers such as Amazon, Home Depot and Target. To enter, just click the link below!

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06/30/2023

Thinking about moving but wondering what your current home is worth? Click the link to find your home’s Sale Price Estimate, free!

Want to know how much your home is worth? Find out now! https://homeasap.com/116421/homevalue

06/30/2023

Would you add glistening tiles and modern, eye-catching lighting to your dining space?

06/30/2023

Key Reasons To Use a Real Estate Agent When You Sell [INFOGRAPHIC]

An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process. They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed at the contracts and disclosures involved. DM me to ensure you have an expert helping you sell your house successfully.

06/29/2023

This indoor water feature creates a relaxing, natural feel. What do you think?

06/28/2023

Now this is one AWESOME space! Is there anything missing that you'd add or it is perfect just the way it is?

06/28/2023

June’s sweepstakes is ending! Enter to win $500 in gift cards from popular retailers such as Pottery Barn, Home Depot and Target. To enter, just click the link below!

Enter now: https://dashboard.homeasap.com/nplay.corp.search.ui/sweepstakes/mobilelanding?pageid=273075109471160

06/28/2023

Why You Need a Real Estate Agent When Selling Your House

Thinking of selling your house? Let’s connect so you can save time and stress when selling your house this year.