#globaleealestateadvisors

[arriondogroup]

It’s coming ... . . #newhome #realestate #home #realtor #househunting #homesweethome #dreamhome #property #realestateagent #house #newhouse #properties #arriondogroup #globaleealestateadvisors (at Arriondo Group - Brokered by Keller Williams Memorial) https://www.instagram.com/p/CNkPidNhyUS/?igshid=femkw5r4gju2

[arriondogroup]

With home prices continuing to deliver double digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. >>The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone could qualify for a loan. The Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers’ Association is an indicator of the availability of mortgage money. The higher the index, the easier it is to obtain a mortgage. The MCAI more than doubled from 2004 (378) to 2006 (869). Today, the index stands at 130. >>Homeowners aren’t using their homes as ATMs this time. During the housing bubble, as prices skyrocketed, people were refinancing their homes and pulling out large sums of cash. As prices began to fall, that caused many to spiral into a negative equity. Today, homeowners are letting their equity build. In 2006, total tappable equity was $4.6 billion. Today, that number stands at over $8 billion. Yet, the percentage of cash-out refinances (where the homeowner takes out at least 5% more than their original mortgage amount) is half of what it was in 2006. >>This time, it’s simply a matter of supply and demand. Back then, housing supply more than kept up with buyer demand, as evidenced by the over seven months’ supply of existing housing inventory available for sale in 2006. Today, that number is barely two months. Builders also overbuilt during the bubble but pulled back significantly over the next decade. Today, there are simply not enough homes to keep up with current demand. #realestate #homeownership #homebuying #realestategoals #realestatetips #realestatelife #realestatenews #realestateagent #realestateexpert #realestateagency #realestateadvice #realestateblog #realestatemarket #realestateexperts #realestateagents #instarealestate #instarealtor #realestatetipsoftheday #realestatetipsandadvice #keepingcurrentmatters #arriondogroup #globaleealestateadvisors https://www.instagram.com/p/CRjTEYmrzpE/?utm_medium=tumblr

[arriondogroup]

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🤟🏼Not too bad for a minimalist home office setup. Got all the tools 🧰 I need. Very fortunate. . . #homeoffice #realtor #realestate #allidoiswork #clientconscious #clientoriented #byreferralonlyagent #arriondogroup #realestateexperts #globaleealestateadvisors #kwrealtor #professionalism #results #experience #knowledgeispower (at Arriondo Group - Powered by Keller Williams Memorial, Energy Corridor) https://www.instagram.com/p/CESwjsVJAIj/?igshid=1ivx2zeqk33kw

[arriondogroup]

If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition. With buyer demand rising and historically low inventory for sale, if you’re in a position to move, your house may really stand out from the crowd. DM me today to get your listing process underway. #Sellyourhouse #moveuphome #dreamhome #realestate #homeownership #realestategoals #realestatetips #realestatelife #realestatenews #realestateagent #realestateexpert #realestateagency #realestateadvice #realestateblog #realestatemarket #realestateexperts #instarealestate #instarealtor #realestatetipsoftheday #realestatetipsandadvice #justsold #keepingcurrentmatters #arriondogroup #globaleealestateadvisors #realestateexperts (at Arriondo Group - Brokered by Keller Williams Memorial, Energy Corridor) https://www.instagram.com/p/CK1h4wChkE8/?igshid=nvwj5ag304xd