[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2cv8mv1jc5405":3,"$f2emv3tus0uf1":38,"$fbwk2pqjjqsc7":42},{"item":4,"previous":26,"next":32},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":24,"updatedAt":25},1564,"entry-level-homeowners-are-in-the-drivers-seat","Entry-Level Homeowners Are in the Driver’s Seat","One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Fnews\u002Fcorelogic-reports-december-home-prices-increased-by-4-percent-year-over-year.aspx\">\u003Cem>Home Price Insights\u003C\u002Fem>\u003C\u002Fa> report, \u003Cem>CoreLogic \u003C\u002Fem>reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F02\u002F24110802\u002F20200225-KCM-Share.jpg","One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Fnews\u002Fcorelogic-reports-december-home-prices-increased-by-4-percent-year-over-year.aspx\">\u003Cem>Home Price Insights\u003C\u002Fem>\u003C\u002Fa> report, \u003Cem>CoreLogic \u003C\u002Fem>reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020.\u003C!--more-->\r\n\u003Ch4>\u003Cstrong>Why is this good news for the homeowners? \u003C\u002Fstrong>\u003C\u002Fh4>\r\nWhen prices appreciate, homeowners gain \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2019\u002F08\u002F14\u002Fthe-benefits-of-growing-equity-in-your-home\u002F\">equity\u003C\u002Fa>. In addition, those planning to sell this year, especially in the entry-level market, can potentially earn a substantial profit.\r\n\r\nDr. Frank Nothaft, \u003Cem>Chief Economist\u003C\u002Fem> at \u003Cem>CoreLogic\u003C\u002Fem>, says:\r\n\u003Cblockquote>\u003Cem>“Moderately priced homes are in high demand and short supply, pushing up values…Homes that sold for 25% or more below the local median price experienced a 5.9% price gain in 2019, compared with a 3.7% gain for homes that sold for 25% or more above the median.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nAs Dr. Nothaft indicates, the lack of \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2020\u002F02\u002F12\u002Fthe-1-reason-to-list-your-house-right-now\u002F\">inventory\u003C\u002Fa> continues to drive home price growth. This means there’s a high demand for homes in this tier of the market, making it a great time to consider using your equity to move up to a bigger or more premium home.\r\n\r\nWhen you upgrade your home, you may be able to find the amenities or features you’ve dreamed of – such as a yard to plant or garden in with your family this spring, or more outdoor space for entertaining this summer. Maybe it’s the master bath you’ve always hoped for, or a garage to finally park your car inside.\r\n\r\nWhatever you choose, if you’re moving out of an entry-level house, you’re likely going to be in the driver’s seat as a seller.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you’d like to own a bigger home, let’s get together to discuss your situation. You may be surprised by the current value of your home and the equity you’ve gained.","\r\nIf you’d like to own a bigger home, let’s get together to discuss your situation. You may be surprised by the current value of your home and the equity you’ve gained.",false,[16,20],{"id":17,"name":18,"slug":19},6,"For Sellers","sellers",{"id":21,"name":22,"slug":23},9,"Home Prices","home-prices","2020-02-25T10:00:45Z","2020-02-25T11:00:45Z",{"id":27,"slug":28,"title":29,"featuredImage":30,"publishedAt":31,"contentType":10,"isVideo":14},1563,"opportunity-in-the-luxury-market-this-year","Opportunity in the Luxury Market This Year","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F02\u002F19094343\u002F20200224-KCM-Share.jpg","2020-02-24T10:00:04Z",{"id":33,"slug":34,"title":35,"featuredImage":36,"publishedAt":37,"contentType":10,"isVideo":14},1565,"thinking-of-selling-now-may-be-the-time-2","Thinking of Selling? Now May Be the Time.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F02\u002F25103836\u002F20200226-KCM-Share.jpg","2020-02-26T10:00:42Z",{"cover":39,"open":40,"shareSpread":41},"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",[43,47,51,52,56,60,61,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153],{"id":44,"name":45,"slug":46},1,"Uncategorized","uncategorized",{"id":48,"name":49,"slug":50},5,"For Buyers","buyers",{"id":17,"name":18,"slug":19},{"id":53,"name":54,"slug":55},7,"Foreclosures","foreclosures",{"id":57,"name":58,"slug":59},8,"Infographics","infographics",{"id":21,"name":22,"slug":23},{"id":62,"name":63,"slug":64},11,"First-Time Buyers","first-time-buyers",{"id":66,"name":67,"slug":68},34,"Senior Market","senior-market",{"id":70,"name":71,"slug":72},35,"Mortgage Rates","mortgage-rates",{"id":74,"name":75,"slug":76},38,"Move-Up","move-up",{"id":78,"name":79,"slug":80},41,"For Sale by Owner","for-sale-by-owner",{"id":82,"name":83,"slug":84},42,"Featured","featured",{"id":86,"name":87,"slug":88},45,"New Construction","new-construction",{"id":90,"name":91,"slug":92},52,"Luxury \u002F Vacation","luxury--vacation",{"id":94,"name":95,"slug":96},53,"Rent vs. Buy","rent-vs-buy",{"id":98,"name":99,"slug":100},80,"Time-sensitive","time-sensitive",{"id":102,"name":103,"slug":104},81,"Outdated","outdated",{"id":106,"name":107,"slug":108},147,"Internal","internal",{"id":110,"name":111,"slug":112},148,"Do Not Autopost","do-not-autopost",{"id":114,"name":115,"slug":116},320,"Inventory","inventory",{"id":118,"name":119,"slug":120},321,"Agent Value","agent-value",{"id":122,"name":123,"slug":124},322,"Affordability","affordability",{"id":126,"name":127,"slug":128},323,"Buying Tips","buying-tips",{"id":130,"name":131,"slug":132},324,"Downsize","downsize",{"id":134,"name":135,"slug":136},325,"Economy","economy",{"id":138,"name":139,"slug":140},326,"Equity","equity",{"id":142,"name":143,"slug":144},327,"Forecasts","forecasts",{"id":146,"name":147,"slug":148},328,"Selling Tips","selling-tips",{"id":150,"name":151,"slug":152},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":154,"name":155,"slug":156},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]