by hjadmin | Jul 20, 2020 | For Sellers, Housing Market Updates, Move-Up Buyers
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, so the scale is tipped in favor of the sellers. According to the latest...
by hjadmin | Jul 17, 2020 | First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers
Some Highlights Mortgage rates hit another all-time low, falling below 3% this week. If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment. Let’s connect today to determine your best next steps toward...
by hjadmin | Jul 16, 2020 | For Sellers, Move-Up Buyers
There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic...
by hjadmin | Jul 15, 2020 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph...
by hjadmin | Jul 14, 2020 | For Buyers, For Sellers, Housing Market Updates, Pricing
Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a...
by hjadmin | Jul 13, 2020 | First Time Home Buyers, For Buyers, Move-Up Buyers
With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so...