Residential Real Estate

Will Home Values Appreciate or Depreciate in 2020?

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 …

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Tips for Future Home Buyers: How Much Can You Really Afford?

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 …

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Economic Slowdown: What the Experts Are Saying

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, …

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5 Simple Graphs That Explain Why This is not like the Last Time

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 …

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Confidence Is the Key to Success for Young Homebuyers

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 …

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Where Have All the Houses Disappeared To?

  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 …

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