[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f3hfncq6v7jv0v":3,"$ffeh0925h8cuz":51,"$f2emv3tus0uf1":55,"$fbwk2pqjjqsc7":59},{"item":4,"previous":39,"next":45},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":37,"updatedAt":38},1397,"3-powerful-reasons-to-buy-a-home-now","3 Powerful Reasons to Buy a Home Now","Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today.\r\n\r\n","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F07\u002F22165736\u002F20190725-Share-KCM.jpg","Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today.\r\n\r\n\u003C!--more-->\r\n\u003Ch4>\u003Cstrong>1. Affordability\u003C\u002Fstrong>\u003C\u002Fh4>\r\nMany people focus solely on price when talking about home affordability. Since home prices have appreciated throughout the past year, they assume homes are less affordable. However, affordability is determined by three components:\r\n\u003Cul>\r\n \t\u003Cli>Price\u003C\u002Fli>\r\n \t\u003Cli>Wages\u003C\u002Fli>\r\n \t\u003Cli>Mortgage Interest Rate\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nPrices are up, but so are wages - and interest rates have recently dropped dramatically (\u003Cem>see #2 below\u003C\u002Fem>). As a result, the \u003Cem>National Association of Realtors’\u003C\u002Fem> (NAR) latest \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fblogs\u002Feconomists-outlook\u002Fmay-2019-housing-affordability-index\">Affordability Index\u003C\u002Fa> report revealed that homes are MORE affordable throughout the country today than they were a year ago.\r\n\u003Cblockquote>\u003Cem>“All four regions saw an increase in affordability from a year ago. The South had the biggest gain in affordability of 6.9%, followed by the West with a gain of 6.0%. The Midwest had an increase of 5.8%, followed by the Northeast with the smallest gain of 1.8%.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch4>\u003Cstrong>2. Mortgage Interest Rates\u003C\u002Fstrong>\u003C\u002Fh4>\r\nMortgage rates have dropped almost a full point after heading toward 5% last fall and early winter. Currently, they are below 4%.\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F07\u002F20190725-MEM.jpg\">\u003Cimg class=\"aligncenter wp-image-40307\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F07\u002F20190725-MEM.jpg\" alt=\"3 Powerful Reasons to Buy a Home Now | Simplifying The Market\" width=\"650\" height=\"487\" \u002F>\u003C\u002Fa>Additionally, \u003Cem>Fannie Mae\u003C\u002Fem> recently \u003Ca href=\"https:\u002F\u002Fwww.fanniemae.com\u002Fresources\u002Ffile\u002Fresearch\u002Femma\u002Fpdf\u002FHousing_Forecast_071619.pdf\">predicted\u003C\u002Fa> the average rate for a 30-year fixed mortgage will be 3.7% in the second half of 2019. That compares to a 4.4% average rate in the first quarter and 4% in the second quarter.\r\n\r\nWith mortgage rates remaining near historic lows, \u003Cem>Fannie Mae\u003C\u002Fem> and \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Finsights-download\u002Fhome-price-index.aspx\">others\u003C\u002Fa> have increased their forecasts for housing appreciation for the rest of the year. If home price gains are about to re-accelerate, buying now rather than later makes financial sense.\r\n\u003Ch4>\u003Cstrong>3. Increase Family Wealth\u003C\u002Fstrong>\u003C\u002Fh4>\r\nHomeownership has always been recognized as a sensational way to build long-term family wealth. A \u003Ca href=\"https:\u002F\u002Fwww.attomdata.com\u002Fnews\u002Fmarket-trends\u002Fq2-2019-u-s-home-sales-report\u002F\">new report\u003C\u002Fa> by \u003Cem>ATTOM Data Solutions\u003C\u002Fem> reveals:\r\n\u003Cblockquote>\u003Cem>“U.S. homeowners who sold in the second quarter of 2019 realized an average home price gain since purchase of $67,500, up from an average gain of $57,706 in Q1 2019 and up from an average gain of $60,100 in Q2 2018. The average home seller gain of $67,500 in Q2 2019 represented an average 33.9 percent return as a percentage of original purchase price.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThe longer you delay purchasing a home, the longer you are waiting to put the power of home equity to work for you.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nWith affordability increasing, mortgage rates decreasing, and home values about to re-accelerate, it may be time to make a move. Let’s get together to determine if buying now makes sense for your family.","\r\nWith affordability increasing, mortgage rates decreasing, and home values about to re-accelerate, it may be time to make a move. Let’s get together to determine if buying now makes sense for your family.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2019\u002F07\u002F20190725-MEM.jpg",false,[17,21,25,29,33],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},6,"For Sellers","sellers",{"id":26,"name":27,"slug":28},11,"First-Time Buyers","first-time-buyers",{"id":30,"name":31,"slug":32},35,"Mortgage Rates","mortgage-rates",{"id":34,"name":35,"slug":36},38,"Move-Up","move-up","2019-07-25T10:00:53Z","2019-07-25T08:39:28Z",{"id":40,"slug":41,"title":42,"featuredImage":43,"publishedAt":44,"contentType":10,"isVideo":15},1396,"mid-year-housing-market-update-three-things-to-know-today","Mid-Year Housing Market Update: Three Things to Know Today","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F07\u002F19143815\u002F20190724-Share-KCM.jpg","2019-07-24T10:00:13Z",{"id":46,"slug":47,"title":48,"featuredImage":49,"publishedAt":50,"contentType":10,"isVideo":15},1398,"home-prices-up-5-05-across-the-country-infographic","Home Prices Up 5.05% Across the Country [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F07\u002F15142518\u002F20190726-Share-KCM.jpg","2019-07-26T10:00:30Z",{"cover":52,"open":53,"shareSpread":54},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":56,"open":57,"shareSpread":58},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[60,64,65,66,70,74,78,79,83,84,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153,157,161],{"id":61,"name":62,"slug":63},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":22,"name":23,"slug":24},{"id":67,"name":68,"slug":69},7,"Foreclosures","foreclosures",{"id":71,"name":72,"slug":73},8,"Infographics","infographics",{"id":75,"name":76,"slug":77},9,"Home Prices","home-prices",{"id":26,"name":27,"slug":28},{"id":80,"name":81,"slug":82},34,"Senior Market","senior-market",{"id":30,"name":31,"slug":32},{"id":34,"name":35,"slug":36},{"id":86,"name":87,"slug":88},41,"For Sale by Owner","for-sale-by-owner",{"id":90,"name":91,"slug":92},42,"Featured","featured",{"id":94,"name":95,"slug":96},45,"New Construction","new-construction",{"id":98,"name":99,"slug":100},52,"Luxury \u002F Vacation","luxury--vacation",{"id":102,"name":103,"slug":104},53,"Rent vs. Buy","rent-vs-buy",{"id":106,"name":107,"slug":108},80,"Time-sensitive","time-sensitive",{"id":110,"name":111,"slug":112},81,"Outdated","outdated",{"id":114,"name":115,"slug":116},147,"Internal","internal",{"id":118,"name":119,"slug":120},148,"Do Not Autopost","do-not-autopost",{"id":122,"name":123,"slug":124},320,"Inventory","inventory",{"id":126,"name":127,"slug":128},321,"Agent Value","agent-value",{"id":130,"name":131,"slug":132},322,"Affordability","affordability",{"id":134,"name":135,"slug":136},323,"Buying Tips","buying-tips",{"id":138,"name":139,"slug":140},324,"Downsize","downsize",{"id":142,"name":143,"slug":144},325,"Economy","economy",{"id":146,"name":147,"slug":148},326,"Equity","equity",{"id":150,"name":151,"slug":152},327,"Forecasts","forecasts",{"id":154,"name":155,"slug":156},328,"Selling Tips","selling-tips",{"id":158,"name":159,"slug":160},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":162,"name":163,"slug":164},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]