July 2020

Will We See a Surge of Homebuyers Moving to the Suburbs?

For Buyers, For Sellers /

\"WillAs remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend […]

Will We See a Surge of Homebuyers Moving to the Suburbs? Read More »

Homeownership Rate Continues to Rise in 2020

Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates /

\"HomeownershipSo far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership […]

Homeownership Rate Continues to Rise in 2020 Read More »

Guidance and Support Are Key When Buying Your First Home

First Time Home Buyers, For Buyers, Interest Rates /

\"GuidanceIn June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is […]

Guidance and Support Are Key When Buying Your First Home Read More »

Three of the Latest Reports Show Housing Market Is Strong

For Buyers, For Sellers, Housing Market Updates /

\"ThreeThe residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall […]

Three of the Latest Reports Show Housing Market Is Strong Read More »

Home Sales Hit a Record-Setting Rebound

For Buyers, For Sellers, Housing Market Updates /

\"HomeWith a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that […]

Home Sales Hit a Record-Setting Rebound Read More »

Two Reasons We Won’t See a Rush of Foreclosures This Fall

Foreclosures, Housing Market Updates /

\"TwoThe health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a […]

Two Reasons We Won’t See a Rush of Foreclosures This Fall Read More »

A Remarkable Recovery for the Housing Market

For Buyers, For Sellers, Housing Market Updates /

\"AFor months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, […]

A Remarkable Recovery for the Housing Market Read More »

Thinking of Selling Your House? Now May be the Right Time

For Sellers, Housing Market Updates, Move-Up Buyers /

\"ThinkingInventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total […]

Thinking of Selling Your House? Now May be the Right Time Read More »