New Index Reveals Impact of COVID-19 on Real Estate

Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following: Housing Demand – Growth in online search activity Home [...]

By |2020-06-25T06:00:17-04:00June 25th, 2020|General|Comments Off on New Index Reveals Impact of COVID-19 on Real Estate

Should We Be Looking at Unemployment Numbers Differently?

The New York Times recently ran an article regarding unemployment titled: Don’t Cheer Too Soon. Keep an Eye on the Core Jobless Rate. The piece suggests we should look at unemployment numbers somewhat differently. The author of the article, Jed Kolko, is a well-respected economist who is currently the Chief Economist at Indeed, the world’s [...]

By |2020-06-24T06:00:57-04:00June 24th, 2020|General|Comments Off on Should We Be Looking at Unemployment Numbers Differently?

What Are the Experts Saying About Future Home Prices?

A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s a simple formula to determine the future price of any item: calculate the supply of [...]

By |2020-06-23T06:00:26-04:00June 23rd, 2020|General|Comments Off on What Are the Experts Saying About Future Home Prices?

Homebuyers Are in the Mood to Buy Today

According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage of this opportune time to sell as well. There’s [...]

By |2020-06-22T06:00:55-04:00June 22nd, 2020|General|Comments Off on Homebuyers Are in the Mood to Buy Today

7 Strategies for a 2020 Open House [INFOGRAPHIC]

Some Highlights Buyer interest is high right now, so this summer is a great time to sell your house. Here are 7 strategies to help make your house showing a safe and effective one. Let’s connect today to get your house on the market while buying is hot. Source: Real Estate with Abbey Wright

By |2020-06-19T06:00:42-04:00June 19th, 2020|General|Comments Off on 7 Strategies for a 2020 Open House [INFOGRAPHIC]

Want to Make a Move? Homeowner Equity is Growing Year-Over-Year

One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights Report from CoreLogic, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain. The report notes: “CoreLogic [...]

By |2020-06-18T06:00:37-04:00June 18th, 2020|General|Comments Off on Want to Make a Move? Homeowner Equity is Growing Year-Over-Year

Is the Economic Recovery Already Underway?

The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of [...]

By |2020-06-17T06:00:06-04:00June 17th, 2020|General|Comments Off on Is the Economic Recovery Already Underway?

Three Reasons Homebuyers Are Ready to Purchase This Year

A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see [...]

By |2020-06-16T06:00:44-04:00June 16th, 2020|General|Comments Off on Three Reasons Homebuyers Are Ready to Purchase This Year

Real Estate Tops Best Investment Poll for 7th Year Running

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 funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains [...]

By |2020-06-15T06:00:26-04:00June 15th, 2020|General|Comments Off on Real Estate Tops Best Investment Poll for 7th Year Running

Summer is the New Spring for Real Estate [INFOGRAPHIC]

Some Highlights The health crisis slowed the market this spring, so buyers are jumping back into the market to make their moves this summer. Check these 10 items off your to-do list so your house is ready to sell while buying is hot! Let’s connect today to prepare your house for the sizzling summer market. [...]

By |2020-06-12T06:00:10-04:00June 12th, 2020|General|Comments Off on Summer is the New Spring for Real Estate [INFOGRAPHIC]