Home Ownership

Aug. 25, 2020

Builders & Realtors Agree: Real Estate Is Back

 

Builders & Realtors Agree: Real Estate Is Back

When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears ...

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Posted in Home Ownership
Aug. 4, 2020

Today’s Buyers Are Serious about Purchasing a Home

 

Today’s Buyers Are Serious about Purchasing a Home

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates:

“…. Of American adults considering a future home purchase in the second quarter of ...

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Posted in Home Ownership
July 30, 2020

Will We See a Surge of Homebuyers Moving to the Suburbs?

Will We See a Surge of Homebuyers Moving to the Suburbs?

As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early ...

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Posted in Home Ownership
July 16, 2020

Mortgage Rates Hit Record Lows for Three Consecutive Weeks

 

Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below ...

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Posted in Home Ownership
June 30, 2020

What Are the Experts Saying About Future Home Prices?

 

 

What Are the Experts Saying About Future Home Prices?

A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult.

Normally, there’s a simple formula to determine the future ...

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Posted in Home Ownership
June 4, 2020

Is it Time to Sell Your Vacation Home?

Is it Time to Sell Your Vacation Home?

The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully ...

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Posted in Home Ownership
June 1, 2020

The Benefits of Homeownership May Reach Further Than You Think

The Benefits of Homeownership May Reach Further Than You Think

More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection ...

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Posted in Home Ownership
May 28, 2020

Experts Predict Economic Recovery Should Begin in the Second Half of the Year

Experts Predict Economic Recovery Should Begin in the Second Half of the Year

One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many ...

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Posted in Home Ownership
May 19, 2020

Housing Market Positioned to Bring Back the Economy?

 


Housing Market Positioned to Bring Back the Economy

All eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its recovery? There seems to be a growing consensus that the housing market is positioned to ...

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Posted in Home Ownership
May 14, 2020

Tips and Tricks from a Real Estate Professional

Never get beat out of an offer again... 

If you've ever been beat out on a home that you fell in love with, you know it feels awful. To search endlessly to find the right one, combing through house after house, only to find it, submit an offer ...

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Posted in Home Ownership