Housing Market Updates

22 Jun Homebuyers Are in the Mood to Buy Today

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers by MarciaMurray 0 Comments

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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...

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11 Jun Are You Ready for the Summer Housing Market?

Posted at 10:00h in Blog, For Sellers, Housing Market Updates, Move-Up Buyers by MarciaMurray 0 Comments

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As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This abundant caution has greatly...

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10 Jun Is a Recession Here? Yes. Does that Mean a Housing Crash? No.

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates by MarciaMurray 0 Comments

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On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way: “A recession is a significant decline in economic activity spread...

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09 Jun Real Estate Will Lead the Economic Recovery

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates by MarciaMurray 0 Comments

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With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we...

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04 Jun Three Things to Understand About Unemployment Statistics

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates by MarciaMurray 0 Comments

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Tomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe unemployment could be greater than 20%. These numbers represent families across the nation that...

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03 Jun Is it Time to Sell Your Vacation Home?

Posted at 10:00h in Blog, For Sellers, Housing Market Updates, Pricing by MarciaMurray 0 Comments

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The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully recover. Homeowners who...

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02 Jun Home Prices: It’s All About Supply and Demand

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing by MarciaMurray 0 Comments

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As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of...

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28 May Economists Forecast Recovery to Begin in the Second Half of 2020

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates by MarciaMurray 0 Comments

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With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a...

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27 May Why This Summer Is the 2020 Real Estate Season

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers by MarciaMurray 0 Comments

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With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is...

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21 May Experts Predict Economic Recovery Should Begin in the Second Half of the Year

Posted at 10:00h in Blog, For Buyers, For Sellers, Housing Market Updates by MarciaMurray 0 Comments

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One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back...

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