Archive: August 2020

The Beginning of an Economic Recovery
For Buyers, For Sellers, Housing Market Updates | August 17, 2020
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…

Mortgage Rates & Payments by Decade [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers | August 14, 2020
Mortgage Rates & Payments by Decade [INFOGRAPHIC]

Some Highlights Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant. Let’s connect to determine the best way to position your family for a financially-savvy move in…

Homes Are More Affordable Right Now Than They Have Been in Years
First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing | August 13, 2020
Homes Are More Affordable Right Now Than They Have Been in Years

Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report from Black Knight: “While home…

Why Foreclosures Won’t Crush the Housing Market Next Year
Distressed Properties, Foreclosures, Housing Market Updates | August 12, 2020
Why Foreclosures Won’t Crush the Housing Market Next Year

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of foreclosures is expected to be…

Current Buyer & Seller Perks in the Housing Market
First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing | August 11, 2020
Current Buyer & Seller Perks in the Housing Market

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: Low Mortgage Rates The most…