For Sellers | The Paradigm Realty Group

Economic Slowdown: What the Experts Are Saying

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

$\"Economic$ More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real […]

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A Recession Does Not Equal a Housing Crisis

For Buyers, For Sellers, Infographics / Ajeenah Crittendon

Some Highlights

The COVID-19 pandemic is causing an economic slowdown.
The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
All things considered, an economic slowdown does not…

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Are We About to See a New Wave of Foreclosures?

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

$\"Are$ With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering how they’ll be able to afford their mortgage payments. In spite of this, […]

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Three Reasons Why This Is Not a Housing Crisis

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

$\"Three$ In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any […]

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5 Simple Graphs Proving This Is NOT Like the Last Time

For Buyers, For Sellers, Pricing / Ajeenah Crittendon

$\"5$ With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in […]

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Buying a Home: Do You Know the Lingo? [INFOGRAPHIC]

For Buyers, For Sellers, Infographics / Ajeenah Crittendon

Some Highlights:

Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way.
The best way to e…

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Equity Gain Growing in Nearly Every State

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

$\"Equity$ Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position. Home equity is defined […]

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New Homes Coming to the Housing Market This Year

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

$\"New$ The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report, the number of building permits issued in January was 1,551,000. This is a […]

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The Difference an Hour Makes [INFOGRAPHIC]

For Buyers, For Sellers, Infographics / Ajeenah Crittendon

$\"The$

Some Highlights:

Don’t forget to set your clocks forward this Sunday, March 8 at 2:00 AM EST in observance of Daylight Saving Time, unless you’re a resident of Arizona or Hawaii!
Every hour in the United States, 568 homes are sold and median home values rise by $1.92.
As we spring forward this year, let’s get together to see how you can take advantage of every hour in the housing market.

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Impact of the Coronavirus on the U.S. Housing Market

For Buyers, For Sellers / Ajeenah Crittendon

$\"Impact$ The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around the world. With all this uncertainty, how […]

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