Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple … [Read more...]
Will There Be More Housing Inventory For Home Buyers in 2021 Than Last Year?
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the … [Read more...]
POOF – Housing Supply Nearly Half of Last Year
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that … [Read more...]
Buying a Home is a Path to Generating Long-Term Wealth
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most … [Read more...]
Supply and Demand: Is Now a Great Time to Sell? [INFOGRAPHIC]
Some Highlights If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition. With buyer demand rising and historically low inventory for sale, … [Read more...]
How Record-Low Housing Inventory Affects Buyers and Sellers
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the … [Read more...]
Over 6 Million Homeowners Entered a Forbearance Plan. How Will This Affect the Housing Market?
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the … [Read more...]
2021 Housing Market Forecast: Foreclosure Crisis is Very Unlikely
As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis that began in 2008. The reality … [Read more...]
2020 Housing Market Forecasts Expect Higher Home Sales Than In 2019
Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, … [Read more...]
Understanding How the Economy Works
Buying a house is a major life purchase and, given the significance of this purchase, just the idea of buying a house may generate many questions and some anxiety. One factor you may consider when buying a house is the economy and how it … [Read more...]
Why this Summer is a Great Time To Sell Your House
As a homeowner, it’s always tempting to dream about the next big project you’re going to tackle. The possibilities are endless. Should I renovate? Should I refinance? Should I stay? Should I move? The list goes on and on. In today’s … [Read more...]
See What These Three Experts Say About Today’s Real Estate Market
The current housing landscape presents greater home values, low interest rates, and high buyer demand. All of these factors point to the strong market forecasted to continue throughout the rest of the year. There is, however, one thing … [Read more...]
Year-Over-Year Home Price Increases Across the U.S. [INFOGRAPHIC]
Some Highlights: The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report. In the report, home prices are compared both regionally and by state. … [Read more...]
Mid-Year National Housing Market Update
Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year. If you’re thinking of buying or selling, or if you just want to know what … [Read more...]