Housing Market Update
Awni & Chantell Abbas
REALTORS
Awntel Property Advisors
Equal Housing Opportunity
“AWNTELL IT LIKE IT IS” SHOW
7 STAR SERVICE

Housing Market Update
Awni & Chantell Abbas
REALTORS
Awntel Property Advisors
Equal Housing Opportunity
“AWNTELL IT LIKE IT IS” SHOW
7 STAR SERVICE


According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s …
Housing Market Update
Awni & Chantell Abbas
REALTORS
Awntel Property Advisors
Equal Housing Opportunity
“AWNTELL IT LIKE IT IS” SHOW
7 STAR SERVICE


The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place.
To ensure a hassle-free process, here are …
One of the causes of the housing bubble 10 years ago was the increase of housing inventory to a 10-12 month supply. This over supply caused prices to fall. Today we have a 4.4 month supply of homes for sale, nowhere near the amount we had pre-bubble! Let's chat about …
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Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that,
“Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey, 68% of renters …
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There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources:
Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA …

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification.

Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the …