![6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/09/12142547/20190913-Share-KCM-549x300.jpg)
![6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/09/12140926/20190913-MEM.jpg)
Some Highlights:
- Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home.
- Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are just two key elements driving the strength of today’s market.
- With the national data shown here, make sure to also determine what’s happening in your local market so you are fully informed when you’re ready to make your next move.
![A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/09/03173433/20190906-Share-KCM-549x300.jpg)
![A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/09/03172708/20190906-MEM.jpg)
Some Highlights:
- Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most powerful decisions you can make.
- A real estate professional has the experience to help you confidently navigate through the entire process.
- Make sure you work with someone who knows the current market conditions and can simply and effectively explain them to you and your family.
![A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/29062756/2019830-Share-KCM-549x300.jpg)
![A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/29061711/20190830-MEM.jpg)
Some Highlights:
- There is plenty of talk in the media about a pending economic slowdown.
- The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.
- Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.
![A Latte a Day Keeps Homeownership Away [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/22154242/20190823-Share-KCM-549x300.jpg)
![A Latte a Day Keeps Homeownership Away [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/22152950/20190823-MEM.jpg)
Some Highlights:
- The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast!
- Saving for a down payment takes a little discipline, so limiting your extra purchases (like a latte a day from your favorite coffee shop) will help you get there faster.
- Depending on where you live, putting away just a small amount each day will get you to the average down payment you may need for homeownership faster thank you think.
![Buying a Home? Do You Know the Lingo? [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/13164536/20190816-Share-KCM-549x300.jpg)
![Buying a Home? Do You Know the Lingo? [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/13164436/20190816-MEM.jpg)
Some Highlights:
- Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
- To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home.
- The best way to ensure your home-buying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher.’
![Rent Vs. Own [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/07171659/20190809-Share-KCM-549x300.jpg)
![Rent Vs. Own [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/07155125/20190809-MEM.jpg)
Some Highlights:
- Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space.
- Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather than that of your landlord.
- Renting and owning both have up-front fees when you sign your lease or close, respectively. Think about putting that money to work for you!
![Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/31125326/20190801-Share-KCM-1-549x300.jpg)
![Existing Home Sales Point Toward a Good Time to Sell [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/08/31124748/20190801-MEM.jpg)
Some Highlights:
- Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
- Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
- Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.
![Home Prices up 5.05% Across the Country! [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/07/15142518/20190726-Share-KCM-549x300.jpg)
![Home Prices Up 5.05% Across the Country [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/07/25113005/20190729-MEM.jpg)
Some Highlights:
- The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
- In the report, home prices are compared both regionally and by state.
- Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
![The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/07/15125928/20190719-Share-KCM-571x300.jpg)
![The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/07/15125704/20290719-MEM.jpg)
Some Highlights:
- Interest rates are projected to increase steadily heading into 2020.
- The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be.
- Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home!
![Is Your First Home Now Within Your Grasp? [INFOGRAPHIC] | Simplifying the Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/06/24171123/20190621-Share-STM-549x300.jpg)
![Is Your First Home Now Within Your Grasp? [INFOGRAPHIC] | Simplifying the Market](https://files.simplifyingthemarket.com/wp-content/uploads/2019/06/24171052/FTHB-Demographics-ENG-MEM.jpg)
Some Highlights:
- According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.
- According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.
- More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now!
