Housing Market Updates

What Experts Are Saying about the 2021 Job Market

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

\"WhatEarlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income. However, we need to give it some context. Greg Ip, Chief Economics Commentator at […]

What Experts Are Saying about the 2021 Job Market Read More »

Why Right Now May Be the Time to Sell Your House

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

\"WhyThe housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is […]

Why Right Now May Be the Time to Sell Your House Read More »

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Short Sales /

\"WillAt the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay […]

Will Forbearance Plans Lead to a Tsunami of Foreclosures? Read More »

Is This the Year to Sell My House?

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

\"IsIf one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. Here’s why. According to the latest Home […]

Is This the Year to Sell My House? Read More »

Why Not to Wait Until Spring to Make a Move

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"WhyThe housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some […]

Why Not to Wait Until Spring to Make a Move Read More »

Four Expert Views on the 2021 Housing Market

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

\"FourThe housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Association of Realtors (NAR) “In 2021, I […]

Four Expert Views on the 2021 Housing Market Read More »

The Difference a Year Makes for Homeownership

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Rent vs. Buy /

\"TheOver the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1. Move-up or Downsize: One option is to consider moving […]

The Difference a Year Makes for Homeownership Read More »

Homeowner Equity Increases an Astonishing $1 Trillion

Down Payments, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing /

\"HomeownerIn a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings: S. homeowners with mortgages have seen their equity increase by […]

Homeowner Equity Increases an Astonishing $1 Trillion Read More »