Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis

Distressed Properties, For Sellers, Foreclosures, Housing Market Updates /

\"WhyAs 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 is, plans have been put in place through forbearance to ensure history doesn’t repeat itself. This […]

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Rent vs. Buy: How to Decide What’s Best for You

Buying Myths, First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy /

\"RentAccording to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting […]

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4 Reasons Why the Election Won’t Dampen the Housing Market

For Buyers, For Sellers, Housing Market Updates, Interest Rates, Millennials /

\"4Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market will not be one of them. Analysts will try to measure the impact feasible changes in regulations might have on housing, the effect […]

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Three Ways Low Inventory Is a Win for Sellers

For Sellers, Housing Market Updates, Pricing /

\"ThreeThe number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s […]

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Buyer Interest Is Growing among Younger Generations

Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Interest Rates, Millennials, Move-Up Buyers /

\"BuyerThe demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the […]

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How Down Payment Assistance Opens the Door to Homeownership

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers /

\"HowMany people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely understandable. If you don’t feel comfortable […]

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Two Important Impacts of Home Equity

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

\"TwoEquity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices to continue rising. With prices going up, equity gains will also keep accelerating. Black Knight […]

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