by hjadmin | Oct 15, 2020 | Distressed Properties, Foreclosures, Housing Market Updates
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, and understandably so. To assist in this challenging time, two protection...
by hjadmin | Oct 14, 2020 | For Buyers, For Sellers, Housing Market Updates, New Construction, Pricing
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 stages of the pandemic, the only...
by hjadmin | Oct 2, 2020 | Down Payments, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers
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 overall net worth. If you’re ready to sell your house and begin looking for your...
by hjadmin | Sep 29, 2020 | For Buyers, For Sellers, Housing Market Updates, Pricing
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...
by hjadmin | Sep 28, 2020 | For Buyers, For Sellers, Housing Market Updates
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...
by hjadmin | Sep 23, 2020 | For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
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 sales and sale...
