Why This Is Not Like 2008 Again During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small Continue Reading about Why This Is Not Like 2008 Again
Real Estate Market
Where Do Experts Say the Housing Market Is Heading?
Where Do Experts Say the Housing Market Is Heading? As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come. realtor.com “. . . homes continue to sell quickly in what’s Continue Reading about Where Do Experts Say the Housing Market Is Heading?
Experts Say Home Prices Will Continue to Appreciate
Experts Say Home Prices Will Continue to Appreciate It’s clear that consumers are concerned about how quickly home prices and home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month. In addition, Jim Continue Reading about Experts Say Home Prices Will Continue to Appreciate
Are Mortgage Rates Expected to Rise Over the Next Year?
Are Mortgage Rates Expected to Rise Over the Next Year? So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to Continue Reading about Are Mortgage Rates Expected to Rise Over the Next Year?
Is Home Price Appreciation Accelerating Again?
Is Home Price Appreciation Accelerating Again? At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that Continue Reading about Is Home Price Appreciation Accelerating Again?
4 Big Incentives for Homeowners to Sell Now
4 Big Incentives for Homeowners to Sell Now The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market Continue Reading about 4 Big Incentives for Homeowners to Sell Now
4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost Continue Reading about 4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
What It Means To Be in a Seller’s Market
What It Means To Be in a Seller's Market If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate seller's market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase. The latest Existing Home Sales Continue Reading about What It Means To Be in a Seller’s Market
