Why Home Prices Are Increasing

by Emello & Pagani Group | Apr 30, 2018 | Buying a Home, Selling a Home

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again...

Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]

by Emello & Pagani Group | Apr 27, 2018 | Buying a Home, Selling a Home

Some Highlights: According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March to an annual pace of 5.60 million. This is the strongest pace since November of 2017. Inventory levels dropped year-over-year for...

“Short of a war or stock market crash…”

by Emello & Pagani Group | Apr 26, 2018 | Buying a Home, Selling a Home

This month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way: A 5% increase in home prices increases payments by roughly...

New Study Shows ‘Best States for Millennials’

by Emello & Pagani Group | Apr 25, 2018 | Buying a Home, Selling a Home

A new study by WalletHub used “30 key metrics, ranging from share of millennials to millennial unemployment rate to millennial voter-turnout rate” to find out which states are the ‘Best States for Millennials.’ The Top 5 Best States for Millennials are: Washington,...

Thinking of Selling Your Home? Why You Need A Pro in Your Corner

by Emello & Pagani Group | Apr 24, 2018 | Buying a Home, Selling a Home

With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and experienced in negotiation and, in most...