Blogs

Newnan Real Estate Blog

How Much Time Do You Need To Save for a Down Payment?

How Much Time Do You Need To Save for a Down Payment? One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually ... [read full post]
published April 19, 2021

Home Is Where the Heart Is

Home Is Where the Heart Is [INFOGRAPHIC] Some Highlights There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year. The vast majority of homeowners say they’re emotionally attached to their home and that it has kept them safe during the COV ... [read full post]
published April 16, 2021

Why This Is a Great Year to Sell Your Vacation Home

Why This Is a Great Year to Sell Your Vacation Home As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The National ... [read full post]
published April 15, 2021

93% of Americans Believe a Home Is a Better Investment Than Stocks

93% of Americans Believe a Home Is a Better Investment Than Stocks A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wonderi ... [read full post]
published April 14, 2021

Some Buyers Prefer Smaller Homes

Some Buyers Prefer Smaller Homes Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com,&nbs ... [read full post]
published April 13, 2021

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 coul ... [read full post]
published April 12, 2021

Multigenerational Housing Is Gaining Momentum

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC] Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suit ... [read full post]
published April 9, 2021

Homeownership Is Full of Financial Benefits

Homeownership Is Full of Financial Benefits A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respond ... [read full post]
published April 8, 2021

Latest Jobs Report: What Does It Mean for You & the Housing Market?

Latest Jobs Report: What Does It Mean for You & the Housing Market? Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675, ... [read full post]
published April 7, 2021

Don't Sell on Your Own Just Because It's a Seller's Market

Don’t Sell on Your Own Just Because It’s a Sellers’ Market In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a ... [read full post]
published April 6, 2021

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by sta ... [read full post]
published April 5, 2021

There's No Reason To Panic Over Today's Lending Standards

There’s No Reason To Panic Over Today’s Lending Standards Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mor ... [read full post]
published April 1, 2021

Is Homeownership Still Considered Part of the American Dream?

Is Homeownership Still Considered Part of the American Dream? Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one&rsqu ... [read full post]
published March 31, 2021

How a Change in Mortgage Rate Impacts Your Homebuying Budget

How a Change in Mortgage Rate Impacts Your Homebuying Budget Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects w ... [read full post]
published March 30, 2021

What It Means To Be in a Sellers' Market

What It Means To Be in a Sellers’ 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 sellers’ market and the optimal time to make sure your ... [read full post]
published March 29, 2021

2021 Real Estate Myth Buster

2021 Real Estate Myth Buster [INFOGRAPHIC] Some Highlights There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little clarity when it comes to 5 common myths about the 2021 housing market. Let’s ... [read full post]
published March 26, 2021

Buyer & Seller Perks in Today's Housing Market

Buyer & Seller Perks in Today’s Housing Market Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering bi ... [read full post]
published March 25, 2021

Should We Fear the Surge in Cash-Out Refinances?

Should We Fear the Surge in Cash-Out Refinances? Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as define ... [read full post]
published March 23, 2021

What Credit Score Do You Need for a Mortgage?

What Credit Score Do You Need for a Mortgage? According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their c ... [read full post]
published March 23, 2021

Americans See Major Home Equity Gains

Americans See Major Home Equity Gains [INFOGRAPHIC] Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity towar ... [read full post]
published March 19, 2021

To Renovate or Not To Renovate Before You Sell

To Renovate or Not To Renovate Before You Sell When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in ... [read full post]
published March 18, 2021

What Is the Strongest Tailwind to Today's Recovering Economy?

What Is the Strongest Tailwind to Today’s Recovering Economy? Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and Fe ... [read full post]
published March 17, 2021

What Is the #1 Financial Benefit of Homeownership?

What Is the #1 Financial Benefit of Homeownership? There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeow ... [read full post]
published March 16, 2021

How to Make a Winning Offer on a Home

How to Make a Winning Offer on a Home Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitiv ... [read full post]
published March 15, 2021

How to Be a Competitive Buyer in Today's Housing Market

How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC] Some Highlights With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your ... [read full post]
published March 12, 2021

Will the Housing Market Bloom This Spring?

Will the Housing Market Bloom This Spring? Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say ... [read full post]
published March 11, 2021

6 Simple Graphs Proving This Is Nothing Like Last Time

6 Simple Graphs Proving This Is Nothing Like Last Time Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year befor ... [read full post]
published March 10, 2021

How Upset Should You Be about 3% Mortgage Rates?

How Upset Should You Be about 3% Mortgage Rates? Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may h ... [read full post]
published March 9, 2021

5 Reasons to Sell Your House This Spring

5 Reasons to Sell Your House This Spring When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is th ... [read full post]
published March 8, 2021

How to Prepare Your House for a Winning Sale This Spring

How to Prepare Your House for a Winning Sale This Spring [INFOGRAPHIC] Some Highlights With so few homes available to buy today, houses are in high demand, and they’re selling fast. That means it’s a great time to sell if you&rsqu ... [read full post]
published March 5, 2021

Is It a Good Time to Sell My House?

Is It a Good Time to Sell My House? Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) b ... [read full post]
published March 4, 2021

Home Prices: What Happened in 2020? What Will Happen This Year?

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 price of anything is determined by the supply an ... [read full post]
published March 2, 2021

What Are the Benefits of a 20% Down Payment?

What Are the Benefits of a 20% Down Payment? If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options avail ... [read full post]
published March 1, 2021

It's a Sellers' Market

It’s a Sellers’ 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 fast as they did last year at this time, getting multiple offers, and rising in price, h ... [read full post]
published February 26, 2021

Are There Going to Be More Homes to Buy This Year?

Are There Going to Be More Homes to Buy This Year? If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the Na ... [read full post]
published February 25, 2021

How Much Leverage Do Today's House Sellers Have?

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 latest Existing Home Sales Report from the National Association of Realtors (NAR ... [read full post]
published February 24, 2021

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

The Reason Mortgage Rates Are Projected to Increase and What It Means for You We’re 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 ... [read full post]
published February 23, 2021

Where Have All the Houses Gone?

Where Have All the Houses Gone? In today’s 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 homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advan ... [read full post]
published February 22, 2021

Home Mortgage Rates by Decade

Home Mortgage Rates by Decade [INFOGRAPHIC] Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, ... [read full post]
published February 19, 2021

Will Low Mortgage Rates Continue through 2021?

Will Low Mortgage Rates Continue through 2021? With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: & ... [read full post]
published February 18, 2021

3 Ways Home Equity Can Have a Major Impact on Your Life

3 Ways Home Equity Can Have a Major Impact on Your Life There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased ... [read full post]
published February 17, 2021

Millennials: Is It Time to Buy a Bigger Home?

Millennials: Is It Time to Buy a Bigger Home? In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their own households a ... [read full post]
published February 16, 2021

3 Ways You'll Win When You Buy a Home This Year

3 Ways You’ll Win When You Buy a Home This Year There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time ... [read full post]
published February 15, 2021

Why It's Easy to Fall in Love with Homeownership

Why It’s Easy to Fall in Love with Homeownership [INFOGRAPHIC] Some Highlights Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you c ... [read full post]
published February 12, 2021

47% of New Buyers Surprised by How Affordable Homes Are Today

47% of New Buyers Surprised by How Affordable Homes Are Today Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence th ... [read full post]
published February 11, 2021

The Luxury Market Is Attracting Buyers in 2021

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 Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a ... [read full post]
published February 10, 2021

3 Reasons We're Definitely Not in a Housing Bubble

3 Reasons We’re Definitely Not in a Housing Bubble Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reason ... [read full post]
published February 9, 2021

6 Foundational Benefits of Homeownership Today

6 Foundational Benefits of Homeownership Today Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection through the evolving heal ... [read full post]
published February 8, 2021

Thinking about Building a New Home? Your Agent Is Critical

Thinking about Building a New Home? Your Agent Is Critical. [INFOGRAPHIC] Some Highlights A real estate professional is an expert who can advocate on your behalf throughout the process when building a home. Agents help you understand key steps, like choosing upgrad ... [read full post]
published February 5, 2021

Do I Really Need a 20% Down Payment to Buy a Home?

Do I Really Need a 20% Down Payment to Buy a Home? Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes. Today, there&rsquo ... [read full post]
published February 3, 2021

Want to Build Wealth? Buy a Home This Year.

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 what makes the most financial sense. That equation will most likely take into consideration monthl ... [read full post]
published February 2, 2021

Turn to an Expert for the Best Advice, Not Perfect Advice

Turn to an Expert for the Best Advice, Not Perfect Advice As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery as vaccines ... [read full post]
published February 1, 2021

Is Right Now the Right Time to Sell?

Is Right Now the Right Time to Sell? [INFOGRAPHIC] Some Highlights If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition. With buyer demand rising and historically low inventory for sale, if you’re in a posi ... [read full post]
published January 29, 2021

What Record-Low Housing Inventory Means for You

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 throughout the year. One challenge to the housing industry, however, is the lack of homes avail ... [read full post]
published January 28, 2021

What Happens When Homeowners Leave Their Forbearance Plans?

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 result of financial concerns brought on by the COVID-19 pandemic. Here&r ... [read full post]
published January 27, 2021

What's the Difference between an Appraisal and a Home Inspection?

What’s the Difference between an Appraisal and a Home Inspection? If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like t ... [read full post]
published January 26, 2021

Financial Fundamentals for Homebuyers

Financial Fundamentals for Homebuyers [INFOGRAPHIC] Some Highlights When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on track ... [read full post]
published January 22, 2021

What Experts Are Saying about the 2021 Job Market

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. That’s a devastating number and dramatically impacts those households that lost a source o ... [read full post]
published January 21, 2021

Owning a Home Is Still More Affordable Than Renting One

Owning a Home Is Still More Affordable Than Renting One If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. Ac ... [read full post]
published January 20, 2021

Should I Wait for Lower Mortgage Interest Rates?

Should I Wait for Lower Mortgage Interest Rates? Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hol ... [read full post]
published January 19, 2021

Things to Avoid after Applying for a Mortgage

Things to Avoid after Applying for a Mortgage [INFOGRAPHIC] Some Highlights There are a few key things to make sure you avoid after applying for a mortgage to help make sure you still qualify for your loan at the closing table. Along the way, be sure to di ... [read full post]
published January 15, 2021

Why Right Now May Be the Time to Sell Your House

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 rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According ... [read full post]
published January 14, 2021

4 Reasons People Are Buying Homes in 2021

4 Reasons People Are Buying Homes in 2021 According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home&rdqu ... [read full post]
published January 12, 2021

What Does 2021 Have in Store for Home Values?

What Does 2021 Have in Store for Home Values? According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand w ... [read full post]
published January 11, 2021

Reasons to Hire a Real Estate Professional

Reasons to Hire a Real Estate Professional [INFOGRAPHIC] Some Highlights Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process. The right agent can explain current market ... [read full post]
published January 8, 2021

Is This the Year to Sell My House?

Is This the Year to Sell My House? If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our n ... [read full post]
published January 7, 2021

The Importance of Home Equity in Building Wealth

The Importance of Home Equity in Building Wealth Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue ... [read full post]
published January 6, 2021

Why Not to Wait Until Spring to Make a Move

Why Not to Wait Until Spring to Make a Move The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ... [read full post]
published January 5, 2021

3 Must-Do's When Selling Your House This Year

3 Must-Do’s When Selling Your House This Year It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help o ... [read full post]
published January 4, 2021

Why Selling Your House on Your Own in 2021 Is a Mistake

Why Selling Your House on Your Own in 2021 Is a Mistake There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling ... [read full post]
published December 30, 2020

More Generations Are Living Under One Roof This Year

More Generations Are Living Under One Roof This Year This year challenged us to reprioritize everything - from the way we use our time to where we work, how we socialize and gather together, and our needs at home. For many, this also meant making decisions about how to best support and engage with our extended families, near an ... [read full post]
published December 29, 2020

Why It's Important to Price Your House Right Today

Why It’s Important to Price Your House Right Today Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide ar ... [read full post]
published December 28, 2020

Did You Outgrow Your Home in 2020?

Did You Outgrow Your Home in 2020? It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. Many needs have changed in 2020, and it’s okay to admit if yo ... [read full post]
published December 23, 2020

The Difference a Year Makes for Homeownership

The Difference a Year Makes for Homeownership Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of ... [read full post]
published December 22, 2020

The Do's and Don'ts after Applying for a Mortgage

The Do’s and Don’ts after Applying for a Mortgage Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You're undoubtedly excited about the opportunity to decorate your new place, ... [read full post]
published December 21, 2020

2021 Housing Forecast

2021 Housing Forecast [INFOGRAPHIC] Some Highlights Experts project an optimistic year for the 2021 housing market. With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices. Let’s connect today to determine how to make your best mo ... [read full post]
published December 18, 2020

Homeowner Equity Increases an Astonishing $1 Trillion

Homeowner Equity Increases an Astonishing $1 Trillion In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which re ... [read full post]
published December 17, 2020

3 Reasons to Be Optimistic about Real Estate in 2021

3 Reasons to Be Optimistic about Real Estate in 2021 This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on b ... [read full post]
published December 16, 2020

The Holidays Aren't Stopping Homebuyers This Year

The Holidays Aren’t Stopping Homebuyers This Year Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the homebuyer. ... [read full post]
published December 15, 2020

5 Steps to Follow When Applying for Forbearance

5 Steps to Follow When Applying for Forbearance If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, ... [read full post]
published December 14, 2020

Winning as a Buyer in a Seller's Market

Winning as a Buyer in a Sellers’ Market [INFOGRAPHIC] Some Highlights Buying a home in today’s sellers’ market doesn’t have to feel like an uphill battle. Here are four ways to make sure you’re positioned for success when making a home ... [read full post]
published December 11, 2020

Why It Makes Sense to Sell Your House This Holiday Season

Why It Makes Sense to Sell Your House This Holiday Season If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your ho ... [read full post]
published December 10, 2020

Are Home Prices Headed Toward Bubble Territory?

Are Home Prices Headed Toward Bubble Territory? Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency&nb ... [read full post]
published December 9, 2020

An Honest Look at Unemployment Numbers

An Honest Look at Unemployment Numbers Last Friday, the Bureau of Labor Statistics released the November Jobs Report. It revealed that, though headed in the right direction, the nation’s job recovery has slowed. The consensus reaction is best exemplified by a quote from Glassdoor&nb ... [read full post]
published December 8, 2020

How Remote Work Can Power Your Vacation Home Sale

How Remote Work Can Power Your Vacation Home Sale This year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National Association of Realtors (NAR), notes: “Working from home ... [read full post]
published December 7, 2020

The Path to Homeownership

The Path to Homeownership [INFOGRAPHIC] Some Highlights If you’re thinking of buying a home and not sure where to start, you’re not alone. Here’s a map with 10 simple steps to follow in the homebuying process. Let’s connect today to discuss the specific steps along the way in our local area. ... [read full post]
published December 4, 2020

A New Way to Shop for Homes in a Virtual World

A New Way to Shop for Homes in a Virtual World In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, rather than delaying their home pu ... [read full post]
published December 3, 2020

With Home Values Surging, Is it Still Affordable to Buy Right Now?

With Home Values Surging, Is it Still Affordable to Buy Right Now? Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand rem ... [read full post]
published December 2, 2020

Knowledge Is Power on the Path to Homeownership

Knowledge Is Power on the Path to Homeownership Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some ... [read full post]
published December 1, 2020

5 Tips for Homebuyers Who Want to Make a Competitive Offer

5 Tips for Homebuyers Who Want to Make a Competitive Offer Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and competitive offer. Here are f ... [read full post]
published November 30, 2020

Is Buying a Home Today a Good Financial Move?

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 ... [read full post]
published November 24, 2020

Don't Let Buyer Competition Keep You from Purchasing a Home

Don’t Let Buyer Competition Keep You from Purchasing a Home This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy tod ... [read full post]
published November 23, 2020

It Pays to Sell with a Real Estate Agent

It Pays to Sell with a Real Estate Agent [INFOGRAPHIC] Some Highlights Today, it’s more important than ever to have an expert you trust to guide you as you sell your house. From your safety throughout the process to the complexity of negotiating the deal, ... [read full post]
published November 20, 2020

Will Mortgage Rates Remain Low Next Year?

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 mor ... [read full post]
published November 19, 2020

Chances of Another Foreclosure Crisis? "About Zero Percent"

  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 ... [read full post]
published November 18, 2020

Homes for Sale Are Rapidly Disappearing

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 est ... [read full post]
published November 17, 2020

Tips to Sell Your House Safely Right Now

Tips to Sell Your House Safely Right Now [INFOGRAPHIC] Some Highlights Your agent now has over 6 months of experience selling houses during the pandemic and can make the process easier and safer for you today. COVID-19 protocols and technology usage recommendat ... [read full post]
published November 13, 2020

VA Home Loans: Helping Heroes Find a Home

VA Home Loans: Helping Heroes Find a Home Today, on Veterans Day, we honor those who have served our country and thank them for their continued dedication to our nation. In the United States, there are many valuable benefits available to Veterans, including VA home loans. For over 75 years, VA home loans have pr ... [read full post]
published November 11, 2020

Homeownership Is a Key to Building Wealth

Homeownership Is a Key to Building Wealth For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reser ... [read full post]
published November 10, 2020

Is it Safe to Sell My House Right Now?

Is it Safe to Sell My House Right Now? In today’s real estate market, the buzz is all about how it’s a great time to sell your house. Buyer demand is high, and there simply aren’t enough homes available to buy to meet that growing need. This means now is the time to make a mov ... [read full post]
published November 9, 2020

Making a Home for the Brave Possible

Making a Home for the Brave Possible [INFOGRAPHIC] Some Highlights VA Home Loans provide unique opportunities for Veterans, active-duty personnel, and their families in recognition of their service to our Nation. For eligible individuals, options associated with VA Loans can help make the dream of homeownership a reality. If ... [read full post]
published November 6, 2020

Why the 2021 Forecast Doesn't Call for a Foreclosure Crisis

Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis As 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 remembe ... [read full post]
published November 5, 2020

Real Estate Is a Driving Force in the Economy

Real Estate Is a Driving Force in the Economy As the economy recovers from this year’s health crisis, the housing market is playing a leading role in the turnaround. It’s safe to say that what we call “home” is taking on a new meaning, causing many of us to consider buying or selling sooner rather ... [read full post]
published November 4, 2020

Buyer Interest Is Growing among Younger Generations

Buyer Interest Is Growing among Younger Generations The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exce ... [read full post]
published October 28, 2020

How Down Payment Assistance Opens the Door to Homeownership

How Down Payment Assistance Opens the Door to Homeownership Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as ... [read full post]
published October 27, 2020

Two Important Impacts of Home Equity

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 t ... [read full post]
published October 26, 2020

Selling Your House Is the Right Move, Right Now

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC] Some Highlights Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, tho ... [read full post]
published October 23, 2020

Why Today's Options Will Save Homeowners from Foreclosure

Why Today’s Options Will Save Homeowners from Foreclosure Many 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 incre ... [read full post]
published October 21, 2020

Americans Are Gaining Confidence in the Economy

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 ... [read full post]
published October 20, 2020

Real Estate Continues to Show Unprecedented Strength This Year

Real Estate Continues to Show Unprecedented Strength This Year The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, espe ... [read full post]
published October 19, 2020

How to Prepare for a Bidding War

How to Prepare for a Bidding War [INFOGRAPHIC] Some Highlights With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home. ... [read full post]
published October 16, 2020

Do You Need to Know More about Forbearance and Mortgage Relief Options?

Do You Need to Know More about Forbearance and Mortgage Relief Options? Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, an ... [read full post]
published October 15, 2020

The #1 Reason Not to Wait to List Your House for Sale

The #1 Reason Not to Wait to List Your House for Sale Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point during the initial s ... [read full post]
published October 14, 2020

Do You Have Enough Money Saved for a Down Payment?

Do You Have Enough Money Saved for a Down Payment? One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2H ... [read full post]
published October 13, 2020

6 Reasons You'll Win by Selling with a Real Estate Agent This Fall

6 Reasons You’ll Win by Selling with a Real Estate Agent This Fall There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you t ... [read full post]
published October 12, 2020

Thinking of Moving?

Thinking of Moving? [INFOGRAPHIC] Some Highlights If you’re ready to sell your house but you’re worried about finding one to move into, why not invest in a brand-new home built just for you? New construction is on the rise, so it’s a great time to think about a custom home to fit your family& ... [read full post]
published October 9, 2020

Should You Buy a Retirement Home Sooner Rather than Later?

Should You Buy a Retirement Home Sooner Rather than Later? Every day in the U.S., roughly 10,000 people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking to settle into f ... [read full post]
published October 8, 2020

A Homeowner's Net Worth Is 40x Greater Than a Renter's

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 ... [read full post]
published October 7, 2020

Is it Time to Move into a Single-Story Home?

Is it Time to Move into a Single-Story Home? Once the kids have left the nest, you may be wondering what to do with all of the extra space in your home. Chances are, you don’t need four bedrooms anymore, and it may be a great time to sell your house and downsize, maybe even into a single-story home. You& ... [read full post]
published October 6, 2020

Why Pricing Your House Right Is Essential

Why Pricing Your House Right Is Essential In today’s real estate market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted ... [read full post]
published October 5, 2020

Rising Home Equity Can Power Your Next Move

Rising Home Equity Can Power Your Next Move [INFOGRAPHIC] Some Highlights According to CoreLogic, homeowners across the country are gaining significant equity. Over the past year, the average homeowner gained $9,800 in equity, growing their ove ... [read full post]
published October 2, 2020

Buyers Are Finding More Space in the Luxury Home Market

Buyers Are Finding More Space in the Luxury Home Market A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters are becomi ... [read full post]
published October 2, 2020

Why Selling this Fall May Be Your Best Move

Why Selling this Fall May Be Your Best Move If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one. 1. Buyers Are Actively in the Market ShowingTime, a leading real estate show ... [read full post]
published September 30, 2020

Where Are Home Values Headed Over the Next 12 Months?

Where Are Home Values Headed Over the Next 12 Months? As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would co ... [read full post]
published September 30, 2020

Housing Market on Track to Beat Last Year's Success

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 housin ... [read full post]
published September 30, 2020

Why Pricing Your Home Right Matters This Fall

Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC] Some Highlights As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true. To sell your home quickly and for the best po ... [read full post]
published September 25, 2020

Home Equity Give Sellers Options in Today's Market

Home Equity Give Sellers Options in Today’s Market Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before ... [read full post]
published September 24, 2020

Home Builder Confidence Hits All-Time Record

Home Builder Confidence Hits All-Time Record Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home ... [read full post]
published September 23, 2020

The Cost of a Home Is Far More Important than the Price.

The Cost of a Home Is Far More Important than the Price Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week la ... [read full post]
published September 22, 2020

Is the Economic Recovery Beating All Projections?

Is the Economic Recovery Beating All Projections? Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the ec ... [read full post]
published September 21, 2020

Homes Across the Country Are Selling Fast

Homes Across the Country Are Selling Fast [INFOGRAPHIC] Some Highlights Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% o ... [read full post]
published September 18, 2020

How Low Inventory May Impact the Housing Market This Fall

How Low Inventory May Impact the Housing Market This Fall Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purc ... [read full post]
published September 17, 2020

The Surging Real Estate Market Continues to Climb

The Surging Real Estate Market Continues to Climb Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by ... [read full post]
published September 16, 2020

Is Now a Good Time to Move?

Is Now a Good Time to Move? How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their h ... [read full post]
published September 15, 2020

Two New Surveys Indicate Urban to Suburban Lean

Two New Surveys Indicate Urban to Suburban Lean There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide. In a recent Realtor Magazine article, they discuss ... [read full post]
published September 14, 2020

Virtual School Is Changing Homebuyer Needs

Virtual School Is Changing Homebuyer Needs [INFOGRAPHIC] Some Highlights With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists. If you’re trying to make ... [read full post]
published September 11, 2020

Homebuyer Traffic Is on the Rise

Homebuyer Traffic Is on the Rise One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He&r ... [read full post]
published September 10, 2020

The Latest Unemployment Rate Fell to 8.4%

The Latest Unemployment Rate Fell to 8.4% Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it is tough ... [read full post]
published September 9, 2020

Have You Ever Seen a Housing Market Like This?

Have You Ever Seen a Housing Market Like This? The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possi ... [read full post]
published September 8, 2020

The 2020 Homebuyer Wish List

The 2020 Homebuyer Wish List [INFOGRAPHIC] Some Highlights The word “home” is taking on a whole new meaning this year, and buyers are starting to look for new features as they re-think their needs and what’s truly possible. From more outdoor space to virtual classrooms for their children, buyers ... [read full post]
published September 4, 2020

Homebuyer Demand Is Far Above Last Year's Pace

Homebuyer Demand Is Far Above Last Year’s Pace Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find ... [read full post]
published September 3, 2020

How Will the Presidential Election Impact Real Estate?

How Will the Presidential Election Impact Real Estate? The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to b ... [read full post]
published September 2, 2020

It's Not Just About the Price of the Home

It’s Not Just About the Price of the Home When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, tha ... [read full post]
published September 1, 2020

Three Ways to Win in a Bidding War

Three Ways to Win in a Bidding War With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put ... [read full post]
published August 31, 2020

The Cost of Renting Vs. Buying a Home

The Cost of Renting Vs. Buying a Home [INFOGRAPHIC] Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving p ... [read full post]
published August 28, 2020

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

Why Is It so Important to Be Pre-Approved in the Homebuying Process? You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that ... [read full post]
published August 27, 2020

Should You Buy an Existing Home or New Construction?

Should You Buy an Existing Home or New Construction? Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search pr ... [read full post]
published August 26, 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 d ... [read full post]
published August 25, 2020

The Top Reasons People Are Moving This Year

The Top Reasons People Are Moving This Year Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most im ... [read full post]
published August 24, 2020

Ask a Pro About Buying a Home

Ask a Pro About Buying a Home [INFOGRAPHIC] Some Highlights According to trending data, searches for key real estate topics are skyrocketing online. Clearly, lots of people have questions about buying a home, and other topics related to the process. Working with a trusted real estate professional will help you create t ... [read full post]
published August 21, 2020

Forbearance Numbers Are Lower than Expected

Forbearance Numbers Are Lower than Expected Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 hous ... [read full post]
published August 20, 2020

Just How Strong Is the Housing Recovery?

Just How Strong Is the Housing Recovery? The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through ... [read full post]
published August 19, 2020

Sellers Are Returning to the Housing Market

Sellers Are Returning to the Housing Market In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark f ... [read full post]
published August 18, 2020

The Beginning of an Economic Recovery

The Beginning of an Economic Recovery The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what i ... [read full post]
published August 17, 2020

Mortgage Rates & Payments by Decade

Mortgage Rates & Payments by Decade [INFOGRAPHIC] Some Highlights Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. Today’s low rates mean it’s less expensive to borrow money, ... [read full post]
published August 14, 2020

Homes Are More Affordable Right Now Than They Have Been in Years

Homes Are More Affordable Right Now Than They Have Been in Years Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low ... [read full post]
published August 13, 2020

Why Foreclosures Won't Crush the Housing Market Next Year

Why Foreclosures Won’t Crush the Housing Market Next Year With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. ... [read full post]
published August 12, 2020

Current Buyer & Seller Perks in the Housing Market

Current Buyer & Seller Perks in the Housing Market Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rare ... [read full post]
published August 11, 2020

The Latest Unemployment Report: Slow and Steady Improvement

The Latest Unemployment Report: Slow and Steady Improvement Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be adde ... [read full post]
published August 10, 2020

2020 Homebuyer Preferences

2020 Homebuyer Preferences [INFOGRAPHIC] Some Highlights A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save mo ... [read full post]
published August 7, 2020

How Is Remote Work Changing Homebuyer Needs?

How Is Remote Work Changing Homebuyer Needs? With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company&r ... [read full post]
published August 6, 2020

Why Homeowners Have Great Selling Power Today

Why Homeowners Have Great Selling Power Today We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowne ... [read full post]
published August 5, 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: “&hell ... [read full post]
published August 4, 2020

Experts Weigh-In on the Remarkable Strength of the Housing Market

Experts Weigh-In on the Remarkable Strength of the Housing Market America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of th ... [read full post]
published August 3, 2020

Where Is The Housing Market Headed for the Rest of 2020?

Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC] Some Highlights: The housing market is forecasted to finish the year with growing strength. Historically low mortgage rates are creating great potential for homebuyers, and home sales are on ... [read full post]
published July 31, 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 interes ... [read full post]
published July 30, 2020

Homeownership Rate Continues to Rise in 2020

Homeownership Rate Continues to Rise in 2020 So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many r ... [read full post]
published July 29, 2020

Guidance and Support Are Key When Buying Your First Home

Guidance and Support Are Key When Buying Your First Home In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in ... [read full post]
published July 28, 2020

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

Three of the Latest Reports Show Housing Market Is Strong The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real E ... [read full post]
published July 27, 2020

A Real Estate Pro Is More Helpful Now than Ever

A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC] Some Highlights A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis. Expertise and professionalism are h ... [read full post]
published July 24, 2020

Home Sales Hit a Record-Setting Rebound

Home Sales Hit a Record-Setting Rebound With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of ... [read full post]
published July 23, 2020

Two Reasons We Won't See a Rush of Foreclosures This Fall

Two Reasons We Won’t See a Rush of Foreclosures This Fall The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a resu ... [read full post]
published July 22, 2020

A Remarkable Recovery for the Housing Market

A Remarkable Recovery for the Housing Market For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With&nb ... [read full post]
published July 21, 2020

Thinking of Selling Your House? Now May be the Right Time

Thinking of Selling Your House? Now May be the Right Time Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Exist ... [read full post]
published July 20, 2020

Mortgage Rates Fall Below 3%

Mortgage Rates Fall Below 3% [INFOGRAPHIC] Some Highlights Mortgage rates hit another all-time low, falling below 3% this week. If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment. Let’s connect today to determine your best next steps toward homeowner ... [read full post]
published July 17, 2020

Does Your Home Have What Buyers Are Looking For?

Does Your Home Have What Buyers Are Looking For? There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic ... [read full post]
published 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&nbs ... [read full post]
published July 15, 2020

What Are Experts Saying about Home Prices?

What Are Experts Saying about Home Prices? Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to ... [read full post]
published July 14, 2020

Buyers: Are You Ready for a Bidding War?

Buyers: Are You Ready for a Bidding War? With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many ... [read full post]
published July 13, 2020

Americans Rank Real Estate Best Investment for 7 Years Running

Americans Rank Real Estate Best Investment for 7 Years Running [INFOGRAPHIC] Some Highlights Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years. The belief in the stability ... [read full post]
published July 10, 2020

Not All Agents Are Created Equal

Not All Agents Are Created Equal In today’s fast-paced world where answers are just a Google search away, there are some who may question the benefits of hiring a real estate professional when selling a house. The reality is, the addition of more information can lead to more confusion. A real estate ag ... [read full post]
published July 9, 2020

Best Time to Sell? When Competition Is at an All-Time Low

Best Time to Sell? When Competition Is at an All-Time Low In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concer ... [read full post]
published July 8, 2020

Taking Advantage of Homebuying Affordability in Today's Market

Taking Advantage of Homebuying Affordability in Today’s Market Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impac ... [read full post]
published July 7, 2020

Latest Unemployment Report: Great News...for the Most Part

Latest Unemployment Report: Great News…for the Most Part The Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,0 ... [read full post]
published July 6, 2020

America Is Another Name for Opportunity

America Is Another Name for Opportunity [INFOGRAPHIC] ... [read full post]
published July 3, 2020

Is the Health Crisis Driving Buyers Out of Urban Areas?

Is the Health Crisis Driving Buyers Out of Urban Areas? The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to eithe ... [read full post]
published July 2, 2020

A Historic Rebound for the Housing Market

A Historic Rebound for the Housing Market Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound s ... [read full post]
published July 1, 2020

Are New Homes Going to Be Available to Buy This Year?

Are New Homes Going to Be Available to Buy This Year? In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the housing market positioned to lead ... [read full post]
published June 30, 2020

What Are Experts Saying About the Rest of 2020?

What Are Experts Saying About the Rest of 2020? One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their fore ... [read full post]
published June 29, 2020

Think You Should For Sale By Owner? Think Again

Think You Should For Sale By Owner? Think Again [INFOGRAPHIC] Some Highlights  For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent. According to the National Association ... [read full post]
published June 26, 2020

New Index Reveals Impact of COVID-19 on Real Estate

New Index Reveals Impact of COVID-19 on Real Estate Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing ... [read full post]
published June 25, 2020

Should We Be Looking at Unemployment Numbers Differently?

Should We Be Looking at Unemployment Numbers Differently? The New York Times recently ran an article regarding unemployment titled: Don’t Cheer Too Soon. Keep an Eye on the Core Jobless Rate. The piece suggests we should look at unemployment numbers somewhat differently. The author of the article, Jed ... [read full post]
published June 24, 2020

7 Strategies for a 2020 Open House

7 Strategies for a 2020 Open House [INFOGRAPHIC] Some Highlights Buyer interest is high right now, so this summer is a great time to sell your house. Here are 7 strategies to help make your house showing a safe and effective one. Let’s connect today to get your house on the market while buying is hot. ... [read full post]
published June 19, 2020

Want to Make a Move? Homeowner Equity is Growing Year-Over-Year

Want to Make a Move? Homeowner Equity is Growing Year-Over-Year One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights Report  ... [read full post]
published June 18, 2020

Is the Economic Recovery Already Underway?

Is the Economic Recovery Already Underway? The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also conc ... [read full post]
published June 17, 2020

Three Reasons Homebuyers Are Ready to Purchase This Year

Three Reasons Homebuyers Are Ready to Purchase This Year A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, ... [read full post]
published June 16, 2020

Real Estate Tops Best Investment Poll for 7th Year Running

Real Estate Tops Best Investment Poll for 7th Year Running Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real esta ... [read full post]
published June 15, 2020

Summer is the New Spring for Real Estate

Summer is the New Spring for Real Estate [INFOGRAPHIC] Some Highlights The health crisis slowed the market this spring, so buyers are jumping back into the market to make their moves this summer. Check these 10 items off your to-do list so your house is ready t ... [read full post]
published June 12, 2020

Are You Ready for the Summer Housing Market?

Are You Ready for the Summer Housing Market? As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This abundant cauti ... [read full post]
published June 11, 2020

Is a Recession Here? Yes. Does that Mean a Housing Crash? No.

Is a Recession Here? Yes. Does that Mean a Housing Crash? No. On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau&nbs ... [read full post]
published June 10, 2020

Real Estate Will Lead the Economic Recovery

Real Estate Will Lead the Economic Recovery With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to wo ... [read full post]
published June 9, 2020

The Shocking News in the Unemployment Report

The Shocking News in the Unemployment Report Last Friday, the U.S. Bureau of Labor Statistics released their May Employment Situation Summary. Leading up to the release, most experts predicted the unemployment rate would jump up to approximately 20% from the 14.7% rate announced last month. The expe ... [read full post]
published June 8, 2020

National Homeownership Month

National Homeownership Month [INFOGRAPHIC] Some Highlights National Homeownership Month is a great time to reflect on how we can each promote stronger community growth. Homeownership helps families build financial freedom, find greater happiness and satisfaction, and make a positive impact on our local communities. Let&r ... [read full post]
published June 5, 2020

Three Things to Understand About Unemployment Statistics

Three Things to Understand About Unemployment Statistics Tomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe unemployment could be greater than 20%. These number ... [read full post]
published 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 recover. Homeowners who rent their secon ... [read full post]
published June 3, 2020

Home Prices: It's All About Supply and Demand

Home Prices: It’s All About Supply and Demand As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s ... [read full post]
published June 2, 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 haven ... [read full post]
published June 1, 2020

Why This Summer Is the 2020 Real Estate Season

Why This Summer Is the 2020 Real Estate Season With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring r ... [read full post]
published May 27, 2020

Buying or Selling a Home? You Need an Expert Kind of Guide.

Buying or Selling a Home? You Need an Expert Kind of Guide In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who ca ... [read full post]
published May 26, 2020

Interest Rates Hover Near Historic All-Time Lows

Interest Rates Hover Near Historic All-Time Lows [INFOGRAPHIC] Some Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifet ... [read full post]
published May 22, 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 for ... [read full post]
published May 21, 2020

6 Reasons Why Selling Your House on Your Own Is a Mistake

6 Reasons Why Selling Your House on Your Own Is a Mistake There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering selling on ... [read full post]
published May 20, 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 b ... [read full post]
published May 19, 2020

Will the Housing Market Turn Around This Year?

Will the Housing Market Turn Around This Year? Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the econo ... [read full post]
published May 14, 2020

A Surprising Shift to the 'Burbs May Be on the Rise

A Surprising Shift to the ‘Burbs May Be on the Rise While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local enterta ... [read full post]
published May 13, 2020

Unemployment Report: No Need to Be Terrified

Unemployment Report: No Need to Be Terrified Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even high ... [read full post]
published May 12, 2020

A Day When Americans Can Return to Work

A Day When Americans Can Return to Work [INFOGRAPHIC] Some Highlights Taking a moment to reflect upon what we’ve heard from historical leaders can teach us a lot about getting through the many challenges we face today. We're all eager for the day when eve ... [read full post]
published May 8, 2020

Unemployment: Hope on the Horizon

Unemployment: Hope on the Horizon Tomorrow, the unemployment rate for April 2020 will be released by the U.S. Bureau of Labor Statistics. It will hit a peak this country has never seen before, with data representing real families and lives affected by this economic slowdown. The numbers will alarm u ... [read full post]
published May 7, 2020

Why Home Equity Is a Bright Spark in the Housing Market

Why Home Equity Is a Bright Spark in the Housing Market Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries suc ... [read full post]
published May 6, 2020
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