Market Trends & Stats

Foreclosure Help The Economic Impact of Buying a Home We’re in a changing real estate market, and life, in general, is changing too – from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors. Even practices for engaging with agents, lenders, and all of the players involved in a real estate transaction are changing to […]
Housing Crisis The #1 Thing You Can Do Now to Position Yourself to Buy a Home This Year The last few weeks and months have caused a major health crisis throughout the world, leading to a pause in the U.S. economy as businesses and consumers work to slow the spread of the coronavirus. The rapid spread of the virus has been compared to prior pandemics and outbreaks not seen in many years. It […]
Housing Crisis Looking to the Future: What the Experts Are Saying As our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last. How long will we feel the effects of the coronavirus? How deep will the impact go? The human toll may forever change families, but the economic impact will rebound with a […]
Housing Crisis The Housing Market Is Positioned to Help the Economy Recover Some Highlights Expert insights are painting a bright future for housing when the economy bounces back – and it will. We may be facing challenging economic times today, but the housing market is poised to help the economy recover, not drag it down. Let’s connect to make sure you’re informed and ready when it’s time to […]
Foreclosure Help Why the Stock Market Correction Probably Won’t Impact Home Values With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last time. The S&P 500 did fall by over fifty percent […]
Housing Crisis Economic Slowdown: What the Experts Are Saying More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, […]
Foreclosure Help A Recession Does Not Equal a Housing Crisis Some Highlights The COVID-19 pandemic is causing an 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. All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of […]
Foreclosure Help Are We About to See a New Wave of Foreclosures? With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering how they’ll be able to afford their mortgage payments. In spite of this, […]
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Market Trends & Stats Have You Outgrown Your Home? Have You Outgrown Your Home? It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. The good news is, it’s okay to admit if your house no longer fits […]
Market Trends & Stats Holiday Gifts Are Not the Only Hot Things Right Now Holiday Gifts Are Not the Only Hot Things Right Now Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer. Each month, ShowingTime releases their Showing Index, which tracks the average number of appointments […]
Market Trends & Stats Get Your House Ready To Sell This Winter Some Highlights Winter is a great time to list a house, since inventory is traditionally low, and most sellers are holding off until spring to put their homes on the market. Waiting for warmer weather when more competition is on the market will only put your house up against many more choices for buyers. Get your […]
Market Trends & Stats December 2019: The Buyer Stakes Are High Because Inventory Is Low The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout their homebuying experience. Some have been out-bid multiple times before finally going […]
Investor Tips & Strategy How Long Can This Economic Recovery Last? The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at record lows. Home price appreciation is beginning to reaccelerate. This begs the question: How long can this economic recovery last? The Wall Street Journal (WSJ) Survey of Economists recently called for an economic slowdown (recession) in […]
Buyer Tips & Strategy Think Prices Have Skyrocketed? Look at Rents. Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let’s shed a little light on this subject. In the most recent Apartment Rent Report, RentCafe explains how rents have continued to increase […]
Buyer Tips & Strategy 3 Signs the Housing Market Is on the Rebound The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound: 1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth. 2. Pending Home Sales (contracts signed) are up with each of the four major […]
Market Trends & Stats What Is the Probability That Home Values Sink? With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the […]
Buyer Tips & Strategy 2 Trends Helping Keep Housing Affordable Two positive trends have started to emerge that impact the 2019 Spring Housing Market. Mortgage interest rates for a 30-year fixed rate loan have dropped to new lows, right as reports show that wages have increased at their highest rate in decades! These two factors have helped keep housing affordable despite low supply of houses […]