Buying

Nov. 24, 2020

Chances of Another Foreclosure Crisis? “About Zero Percent.”

There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago. However, there’s one major difference this time: a robust forbearance program.

During the housing crash of 2006-2008, many ...

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Posted in Buying, Selling
Nov. 24, 2020

Homes for Sale Are Rapidly Disappearing

Through 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 ...

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Posted in Buying, Selling
Nov. 24, 2020

Will Mortgage Rates Remain Low Next Year?

In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year ...

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Posted in Buying, Selling
Nov. 24, 2020

Is Buying a Home Today a Good Financial Move?

There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low ...

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Posted in Buying
Nov. 1, 2020

Two Important Impacts of Home Equity

Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices to continue rising. With prices going up, equity gains ...

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Posted in Buying, Selling
Nov. 1, 2020

Things to Avoid After Applying for a Mortgage

There are several key things to avoid doing once you've applied for a mortgage. Let's connect to make sure you have the information you need to move through the process with confidence.

 

Posted in Buying
Nov. 1, 2020

Home Values Projected to Keep Rising

As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea ...

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Posted in Buying, Selling
Nov. 1, 2020

Don't Fear the Real Estate Market

Fear should never be a factor when navigating the housing market. Whether you're buying or selling a home this fall, let's connect to make sure you're empowered to take the safest path.

 

Posted in Buying, Selling
Nov. 1, 2020

Americans Are Gaining Confidence in the Economy

The 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 ...

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Posted in Buying, Selling
Sept. 29, 2020

Housing Market on Track to Beat Last Year’s Success

Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered.

Mark ...

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Posted in Buying, Selling