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        Presidential Elections and the Impact on 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 be unaffected, as [...]

        Real Estate Is Back -Builders & Realtors Agree:

        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 decade. That, however, didn’t happen. It appears the opposite [...]

        Lowest Mortgage Rates in History

          In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain?   While average mortgage rates have drifted between 4% and 5% in recent years, they [...]

        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 it means relative to the road ahead. We’ve talked before about what [...]

        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 housing crash all over again. Once you examine the data, however, [...]

        Real Estate Tops Best Investment Poll for 7th Year Running

        The wealthiest people collect property the way they used to collect cars. Interest rates are low, and you don’t have to tie up a lot of cash in the investment.

        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 [...]

        Home Values – Will they Appreciate or Depreciate in 2020?

        Will Home Values Appreciate or Depreciate?  With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item. Each month [...]
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