Everyone is ready to buy a home at a different time in their lives, and a health crisis or not, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make ...
Continue ReadingTuesday, July 7, 2020
Monday, July 6, 2020
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 3,074,000 jobs to be added in June. The report revealed that 4,800,000 jobs were added. The unemployment rate fell to 11.1% from 13.3% last month. Again, excellent ...
Continue ReadingFriday, July 3, 2020
When Will the Economy Turn Around?
When Will the Economy Turn Around?
Experts project an economic recovery is in sight, and real estate is positioned to lead the way. Let’s connect to discuss how this rebound impacts our local housing market.
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Thursday, July 2, 2020
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 either suburban or rural life (less congested). The fascination with an open ...
Continue ReadingWednesday, July 1, 2020
3 Keys to Selling Your House Quickly
3 Keys to Selling Your House Quickly
Ready to sell your house? Let's connect to make sure it sells quickly. Here are three tips to get you started.
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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 so important? According to NAR, the Pending Home Sales Index (PHS) is: “A ...
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