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. The scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total housing inventory is down 18.8% […]
When will the economy turn around?
A pandemic wasn’t in my plans or yours. We are in our 4th month of uncertainty about the total impact of COVID-19, on the economy and our lives. Let’s mask-up, social distance, and get things back on track. Please contact me if I can help with your home selling or buying needs.
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Homebuyers Are in the Mood to Buy Today
According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage of this opportune time to sell as well. There’s a […]
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Home Prices: It’s All About Supply and Demand
“As the economy begins a recovery later in 2020, we expect housing to play a leading role. Housing enters this recession underbuilt, not overbuilt. Estimates vary, but based on demographics and current vacancy rates, the U.S. may have a housing deficit of up to one million units.”
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The Benefits of Homeownership May Reach Further Than You Think
More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today, 65.3% of Americans are able to […]
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Experts Predict Economic Recovery Should Begin in the Second Half of the Year
One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many economists indicate a recovery should begin to happen in the […]
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Summer will be good for real estate
We just about have the situation with safe showings, listings, and closings under control. While it may be a while before the real estate business gets back to “normal”, we keep moving forward. If you are considering a home purchase or sale, let’s talk. A good first step is a Zoom conference. I hope to […]
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