Home Prices: Past, Present & Future


CoreLogic released their most current Home Price Index last week. In the report, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month and projected over the next twelve months.

Here are state maps for each category:

The Past – home appreciation over the last 12 months


The Present – home appreciation over the last month


The Future – home appreciation projected over the next 12 months


Bottom Line:

Homes across the country are appreciating at different rates. If you plan on relocating to another state and are waiting for your home to appreciate more, you need to know that the home you will buy in another state may be appreciating even faster.

Call ME to help you determine your next steps. I look forward to it.


A New Frontier for the American West, in the Far East


Welcome to “Hometown America,” as Jackson Hole is called in Chinese, a mammoth real-estate venture that is an exacting pastiche of an American frontier town, albeit one with a wine-tasting pavilion, a New Age spa and security guards dressed as park rangers, who salute every passing car.

Modest entry-level homes sell for $625,000. Larger abodes — described by Jackson Hole’s developers as castles — have an attached vineyard and fetch nearly $8 million. The developer, Ju Yi International, says that more than 90 percent of the 1,500 homes have already been sold. Occupying more than a square mile of arid land in northeast Hebei Province, Jackson Hole has plenty of room to expand.

This New York Times article is “mind-blowing” and amazing. Read more about it here:

Christmas Windows


I love New York City during the Christmas season because of the stunning and amazingly beautiful display windows at the major department stores.

My favorite this year was Bergdorf Goodman’s windows which were full of vibrant color and outrageous detailing. This window was more beautiful than my photo can accurately portray.

You must go see the windows, which change every year. Merry Christmas!

This is how you stage a window to reflect your brand!

Start Spreading the News!


I just returned from a trip to New York City and like any good Realtor, I love looking at the fabulous condominiums and co-ops in the City. I would love to sell one but even more, I would love to live in one.

What an amazing City! My favorite vacation destination!


What You Really Need To Qualify For A Mortgage


A recent survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today.

1. Down Payment

The survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 36% think a 20% down payment is always required. In actuality, there are many loans written with a down payment of 5% or less.

Below are the results of a Digital Risk survey done on millennials who recently purchased a home.ImageProxy-1.mvc.jpeg

2. FICO Scores

The Ipsos survey also reported that two-thirds of the respondents believe they need a very good credit score to buy a home, with 45 percent thinking a “good credit score” is over 780. In actuality, the average FICO scores of approved conventional and FHA mortgage can be even lower. Below are the latest numbers of the Ellie Mae report.


Bottom Line

If you are a prospective purchaser who is ‘ready’ and ‘willing’ to buy but not sure if you are also ‘able,’ sit down with me or call me so that I may help you understand your true options.