Leann Langolf and Clarence Shaw's Blog Posts

Thinking Of Selling You Should Do It TODAY

Thinking of Selling? You Should Do It TODAY!!That headline might be a little aggressive; however, as August 2017’s housing market data begins to roll in, we can definitely say one thing: If you

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No You Do Not Need 20 Down To Buy NOW

No… You Do Not Need 20% Down to Buy NOW! The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still

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Net Worth Of Homeowners 44X Greater Than Renters

Net Worth of Homeowners 44X Greater than RentersEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all

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Why Are So Few Homes For Sale

Why Are So Few Homes for Sale?There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an;“

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Empty Nesters Best To Remodel Or Time To Sell

Your children have finally moved out and you and your spouse now live alone in a four-bedroom colonial (or a similar type of house). You have two choices to make: Remodel your house to fit your

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Number Of Buyers Putting Down Less Than 10 Hits 7Year High

Number of Buyers Putting Down Less Than 10% Hits 7-Year HighAccording to Black Knight Financial Service’s Mortgage Monitor Report, 1.5 million Americans have purchased a home with

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Study FSBOs Dont Save Real Estate Commission

Study: FSBOs Don’t Save Real Estate CommissionAUGUST 25, 2017 / CLARENCEANDLEANN/ EDIT One of the main reasons why For Sale By Owners (FSBOs) don’t use a real

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Want To Keep Up With The Joneses Nows The Time

Want to Keep up with the Joneses? Now's the TimeDoes your current house fit your needs? Does it seem like everyone else is moving up and moving on to more luxurious surroundings? Are you wondering

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Hey Millennial Homeowners It May Be Time To Sell

Hey, Millennial Homeowners!! It May Be Time to SellContrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.

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Top 12 Apps For Homeowners And Renters

Top 12 Apps for Homeowners and RentersMore than 77 percent of people own a smartphone.1 The average person checks their smartphone 46 times a day, with people under the age of 24 checking it an

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Positive Equity

93.9% Of Homes in The US Have Positive EquityCoreLogic’s latest Equity Report revealed that ninety-one thousand residential properties regained equity in Q1 2017. The outlook for

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How Much Is Your Home Worth

Real Home Value Calculator: Assessed Value vs Market Value Understanding a home’s true market value is about more than pictures, software assessments and price-per-square-foot. Whether you

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84 Of Americans Believe Buying A Home Is A Good Financial Decision

According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the

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5 Reasons Why You Should Not For Sale By Owner

5 Reasons Why You Should Not For Sale By Owner!In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their

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75 Of Homeowners Think Now Is A Good Time To Sell

The National Association of Realtors (NAR) recently released the findings of their Q2 Homeownership Opportunities and Market Experience (HOME) Survey. The report covers core topics

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PreApproval Should Always Be Your First Step

Pre-Approval Should Always Be Your First StepIn many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This

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The Cost Of Renting Vs Buying In The US

The Cost of Renting vs. Buying in the US Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed

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Buying Is Now 331 Cheaper Than Renting In The US

    Buying Is Now 33.1% Cheaper Than Renting in the USThe results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than

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Do You Know How Much Equity You Have In Your Home

Do You Know How Much Equity You Have in Your Home?CoreLogic’s latest Equity Report revealed that 91,000 properties regained equity in the first quarter of 2017. This is great news

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The Importance Of Home Equity In Retirement Planning

The Importance of Home Equity in Retirement PlanningWe often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the

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Do You Know How Much Buying Power You Have

What’s Your Home Buying Power?If you’re in the market for a new home or investment property, one of the first questions you’ll probably ask is, “What can we afford?” Many buyers become

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5 Reasons To Sell This Summer

Here are five reasons listing your home for sale this summer makes sense.1. Demand Is StrongThe latest Buyer Traffic Report from the National Association of Realtors (NAR) shows

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1 Reason To List Your House For Sale NOW

#1 Reason to List Your House for Sale, NOW!If you are debating listing your house for sale this year, here is the #1 reason not to wait!Buyer Demand Continues to Outpace the Supply of Homes for Sale

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Is Now A Good Time To Rent

People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to

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4 Tips For Effectively Making An Offer

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good

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Inventory Shortages Are Slowing Down The Market

Inventory Shortages Are Slowing Down the MarketThe real estate market is moving more and more into a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and

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Is 2017 The Year To Move Up To Your Dream Home If So Do It Early

If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates)

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3 Charts That Shout List Your Home Today

In school, we all learned the theory of supply and demand. When the demand for an item is greater than the supply of that item, the price will surely rise.SUPPLYThe National Association of

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Buying A Home Do You Know The Lingo

Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms

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Real Estate Mogul Heres Why You Should Buy

Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house?Conlon responded: “I am a true

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How Fast Can You Save For A Down Payment

How Fast Can You Save for a Down Payment?Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices

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Tax Return Depressing Owning A Home Could Help

Tax Return Depressing? Owning a Home Could HelpMany Americans got some depressing news last week; either their tax return was not as large as they had hoped or, in some cases, they were told they

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Thinking Of Selling Now Is The Time To Act

Thinking of Selling? Now Is the Time to ActIf you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer

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Increase Your Homes Value Up To 28 With These 5 Tips

Increase Your Home’s Value Up to 28% with These 5 Tips Great curb appeal not only makes your home the star of the neighborhood, it can also improve its value and help you sell it for more.

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Home Mortgages Rates Up Requirements Easing

Home Mortgages: Rates Up, Requirements EasingThe media has extensively covered the rise in mortgage interest rates since last fall (from 3.42% last September to the current 4.1% according to 

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CarefulDont Get Caught In The Rental Trap

Careful…Don’t Get Caught in the Rental Trap!There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost

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The Importance Of Using A Professional To Sell Your Home

When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most

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The REAL News About Housing Affordability

The 'REAL' News about Housing AffordabilitySome industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a

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Buying This Spring Be Prepared For Bidding Wars

Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different

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15014 Homes Sold Yesterday Did Yours

15,014 Homes Sold Yesterday… Did Yours?There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing

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Again You Do Not Need 20 Down To Buy NOW

A survey by Ipsos found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. There are two

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Consumer Confidence In Economy Housing Is Soaring

Consumer Confidence in Economy & Housing is Soaring The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe

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Renting Or Buying Either Way Youre Paying A Mortgage

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent

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The Foreclosure Crisis 10 Year Later

The Foreclosure Crisis: 10 Years LaterCoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years

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What Are The Experts Saying About Mortgage Rates

What Are the Experts Saying about Mortgage Rates?Mortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact

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Its A Sellers Market Should I Downsize Now

It's a Seller's Market! Should I Downsize Now?A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale

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4 Great Reasons To Buy This Spring

Here are four great reasons to consider buying a home today instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest Home Price Index reports that home prices have

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How To Get The Most Money When Selling Your Home

Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the

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This Spring Will Be Different

Just like May flowers, every spring the housing market blossoms as buyers come out ready to purchase their dream house. This spring, we believe we are going to see the strongest purchasing market we

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The Compound Effect Building Your Households Wealth

Wealth is within reach for many people; however, according to a recent study, 63 percent of Americans said it’s not likely they’ll become rich.1 While younger people are more likely to say

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Housing Market Expected To Spring Forward

Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for

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Thinking Of Selling Do It TODAY

That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST

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Building Your Households Wealth

The Compound Effect: Building Your Household’s Wealth01 Mar 2017 by Clarence Shaw & Leann LangolfWealth is within reach for many people; however, according to a recent study,

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