Home price growth will slow during the pandemic; however, once a cure is available or we decide that the benefits of getting back to normal outweigh the benefits of staying at home, home values will again begin to appreciate at levels similar to what we’ve seen over the last several years. In the long run, …
#1 Financial Benefit of Home Ownership: Family Wealth Read More »
Looking at these maps and noting the views of the experts, I believe that home prices will be stable throughout 2020. With the housing market staggered by the health crisis, some potential purchasers are questioning whether home values will be impacted. It is important that the price of any goods or services is mostly driven by …
Will Home Values Appreciate or Depreciate in 2020? Read More »
Buying a home is an amazing economic driver and stabilizer in the economy today. When new construction picks up again, it will be a leading indicator of the economy. If you are in a position to buy a home this year you will have a significant impact not only in your local neighborhood, but you …
How the Housing Market Can Help Us Get Back On Track Read More »
Buying a new home is a big decision that involves a whole lot of smaller ones. Many people focus on the number of bedrooms or the quality of the kitchen appliances as they contemplate where they want to live. Mortgage lenders use something called qualification ratios to determine how much they will lend to a …
Tips for Future Home Buyers: How Much Can You Really Afford? Read More »
More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, …
If you’re concerned we’re making the same mistakes that led to the housing crash, take a look at the charts and graphs above to help alleviate your fears. With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like …
5 Simple Graphs That Explain Why This is not like the Last Time Read More »
Bottom Line If you’re ready, buying your first home sooner rather than later is one of the best decisions you can make. But there are many things to consider before taking that step, so let’s work together to help you confidently navigate the full journey. Buying your first home can seem overwhelming. Thankfully, there’s a …
Confidence Is the Key to Success for Young Homebuyers Read More »
If you’re thinking about upgrading your current house to a luxury home, or adding an additional property to your portfolio, let’s get together to determine if you’re ready to make your move. Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start …
If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association …
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is that house prices have substantially increased over the last several years. It’s not, however, just the price of a home that matters. Homes, in most cases, are purchased …
Homes Are More Affordable Today, Not Less Affordable Read More »
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