August, 2020 | The Paradigm Realty Group

The Beginning of an Economic Recovery

For Buyers, For Sellers, Housing Market Updates / Ajeenah Crittendon

$\"The$ The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what it means relative to the […]

The Beginning of an Economic Recovery Read More »

Mortgage Rates & Payments by Decade [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers / Ajeenah Crittendon

Some Highlights

Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low.
Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant….

Mortgage Rates & Payments by Decade [INFOGRAPHIC] Read More »

Homes Are More Affordable Right Now Than They Have Been in Years

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"Homes$ Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report […]

Homes Are More Affordable Right Now Than They Have Been in Years Read More »

Why Foreclosures Won’t Crush the Housing Market Next Year

Distressed Properties, Foreclosures, Housing Market Updates / Ajeenah Crittendon

$\"Why$ With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of […]

Why Foreclosures Won’t Crush the Housing Market Next Year Read More »

Current Buyer & Seller Perks in the Housing Market

First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"Current$ Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: […]

Current Buyer & Seller Perks in the Housing Market Read More »

The Latest Unemployment Report: Slow and Steady Improvement

For Buyers, For Sellers, Housing Market Updates / Ajeenah Crittendon

$\"The$ Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were added, and […]

The Latest Unemployment Report: Slow and Steady Improvement Read More »

2020 Homebuyer Preferences [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Interest Rates / Ajeenah Crittendon

$\"2020$

Some Highlights

A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers.
Many buyers are accelerating their timelines to take advantage of low mortgage rates and staying home has enabled some to save more money to put toward a down payment.
Let’s connect today if your needs have recently changed and you’re ready to make a move this year.

2020 Homebuyer Preferences [INFOGRAPHIC] Read More »

How Is Remote Work Changing Homebuyer Needs?

First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"How$ With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? […]

How Is Remote Work Changing Homebuyer Needs? Read More »

Why Homeowners Have Great Selling Power Today

For Sellers, Move-Up Buyers, Pricing / Ajeenah Crittendon

$\"Why$ We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house becomes increasingly desirable. […]

Why Homeowners Have Great Selling Power Today Read More »

Today’s Buyers Are Serious about Purchasing a Home

For Sellers, Interest Rates, Millennials, Move-Up Buyers / Ajeenah Crittendon

$\"Today’s$ Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply […]

Today’s Buyers Are Serious about Purchasing a Home Read More »

August 2020

Some Highlights