Want to Make a Move? Homeowner Equity is Growing Year-Over-Year
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One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights Report from CoreLogic, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain. The report notes: “CoreLogic […]
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The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of […]![\"Three](\"https://files.simplifyingthemarket.com//wp-content/uploads/2020/06/15160521/20200615-KCM-Share-1-549x300.jpg\")
A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see […]![\"\"](\"https://files.simplifyingthemarket.com//wp-content/uploads/2020/06/10162501/20200615-KCM-Share-549x300.jpg\")
Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains […]![\"Are](\"https://files.simplifyingthemarket.com//wp-content/uploads/2020/06/10130210/20200611-KCM-Share-549x300.jpg\")
As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This abundant caution has greatly impacted the number of homes for sale and slowed the […]![\"Is](\"https://files.simplifyingthemarket.com//wp-content/uploads/2020/06/09161136/20200610-KCM-Share-549x300.jpg\")
On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and […]![\"Real](\"https://files.simplifyingthemarket.com//wp-content/uploads/2020/06/08171644/20200609-KCM-Share-549x300.jpg\")
With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work and the financial landscape of the […]![\"The](\"https://files.simplifyingthemarket.com//wp-content/uploads/2020/06/05151429/20200608-KCM-Share-549x300.jpg\")
Last Friday, the U.S. Bureau of Labor Statistics released their May Employment Situation Summary. Leading up to the release, most experts predicted the unemployment rate would jump up to approximately 20% from the 14.7% rate announced last month. The experts were shocked. The Wall Street Journal put it this way: “The May U.S. jobless rate […]