Blog
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 defines a recession this way: “A recession is a significant decline in economic activity spread across the economy,... Read More
What Impact Might COVID-19 Have on Home Values
What Impact Might COVID-19 Have on Home Values? A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand,... Read More
Is Now the Time to Sell My Home?
Thinking of Selling? Now May Be the Time. The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%. The Census Bureau also just reported the highest homeownership rate since... Read More
First-Time Buyers Are Searching for Existing Homes This Year
First-Time Buyers Are Searching for Existing Homes This Year In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58%... Read More
The 2020 Real Estate Projections That May Surprise You
The 2020 Real Estate Projections That May Surprise You This will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible recession occurring before the end of the year, predicting what will happen in the 2020 U.S. housing market can be challenging. As a... Read More
When a House Becomes a Happy Home
When a House Becomes a Happy Home We talk a lot about why it makes financial sense to buy a home, but more often than not we’re drawn to the emotional reasons for homeownership. No matter the size or shape of a living space, the feeling of a home means different things to different people. Whether it’s... Read More
10 Ways to Design Your Master Bath for Maximum Storage
As you are looking for a new home, it may not have everything just the way you want it. Perhaps it has had NO renovations, or has had them and they are already dated….maybe they were just plain done WRONG! If you have seen many houses, you know what I’m talking about! Shreeeek! But this... Read More
Single Family Home or Condominium – Which Should I Buy?
If you are just beginning your home search, whether you are a first time buyer, or looking to downsize, your lifestyle and needs will play an important part on whether you choose a condominium or a single family home. (SFH) Single Family Home or Condominium – Which Should I Buy? Of course, there are the... Read More
Why Should A Buyer Use A Realtor?
There is no out-of-pocket cost to the Buyer when using a Real Estate Agent Too often, Buyers and Sellers are simply not aware of all the services that a REALTOR provides in the course of a real estate transaction. REALTORS often assume that our expertise and knowledge are understood by those we work with, or... Read More