Home Prices: What Happened in 2020? What Will Happen This Year?
The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The… Read more โข
Housing Market Updates
Itโs a Sellersโ Market [INFOGRAPHIC]
Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as… Read more โข
How Much Leverage Do Today’s House Sellers Have?
The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the… Read more โข
The Reason Mortgage Rates Are Projected to Increase and What It Means for You
Weโre currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Read more โข
Where Have All the Houses Gone?
In todayโs housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of… Read more โข
Will Low Mortgage Rates Continue through 2021?
With mortgage interest rates hitting record lows so many times recently, some are wondering if weโll see low rates continue throughout 2021, or if theyโll start to rise. Recently,… Read more โข
47% of New Buyers Surprised by How Affordable Homes Are Today
Headlines matter. Right now, itโs hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, thereโs hard evidence that… Read more โข
The Luxury Market Is Attracting Buyers in 2021
As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent… Read more โข
Want to Build Wealth? Buy a Home This Year.
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide… Read more โข
What Record-Low Housing Inventory Means for You
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable… Read more โข
What Happens When Homeowners Leave Their Forbearance Plans?
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a… Read more โข
What Experts Are Saying about the 2021 Job Market
Earlier 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. Thatโs a devastating… Read more โข
Why Right Now May Be the Time to Sell Your House
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest ratesย are a driving factor in this continued… Read more โข
Will Forbearance Plans Lead to a Tsunami of Foreclosures?
At 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… Read more โข
Is This the Year to Sell My House?
If one of the questions youโre asking yourself is, โShould I sell my house this year?โย consumer sentiment about selling today should boost your confidence in the right direction. Even with… Read more โข
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