Housing Market Updates

Homes for Sale Are Rapidly Disappearing

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

\"HomesThrough all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just explained: “While winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year…Low inventories combined with high demand […]

Homes for Sale Are Rapidly Disappearing Read More »

Why Working from Home May Spark Your Next Move

For Buyers, For Sellers, Housing Market Updates /

\"WhyIf you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next year, and possibly beyond. While the […]

Why Working from Home May Spark Your Next Move Read More »

Winter Will Bring a Flurry of Activity to the Housing Market

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

\"WinterIn the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes: “It will be one of the best winter sales years ever.” […]

Winter Will Bring a Flurry of Activity to the Housing Market Read More »

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 […]

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

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 […]

4 Reasons Why the Election Won’t Dampen the Housing Market Read More »

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 […]

Three Ways Low Inventory Is a Win for Sellers Read More »

Why Today’s Options Will Save Homeowners from Foreclosure

Distressed Properties, Foreclosures, Housing Market Updates /

\"WhyMany housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally forecasted that up to 30% of homeowners would choose to enter forbearance. Less than 10% actually did, […]

Why Today’s Options Will Save Homeowners from Foreclosure Read More »

Americans Are Gaining Confidence in the Economy

For Buyers, For Sellers, Housing Market Updates /

\"AmericansThe September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to minimize the tremendous impact this pandemic-induced recession continues to have on […]

Americans Are Gaining Confidence in the Economy Read More »