Insights & Updates

The Blog

Stay informed with the latest real estate trends, market insights, and expert advice from our team.

Is Now a Good Time to Move?

September 17, 2020 · 2 min read

How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellersby the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time

Two New Surveys Indicate Urban to Suburban Lean

September 15, 2020 · 1 min read

There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide. In a recent Realtor Magazine article, they discussed the issue and addressed comments

Homebuyer Traffic Is on the Rise

September 14, 2020 · 1 min read

One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors(NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next y

Have You Ever Seen a Housing Market Like This?

September 11, 2020 · 3 min read

The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in the housing market. Her

Homebuyer Demand Is Far Above Last Year’s Pace

September 9, 2020 · 3 min read

Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been

It’s Not Just About the Price of the Home

September 3, 2020 · 2 min read

When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage

How Will the Presidential Election Impact Real Estate?

September 2, 2020 · 2 min read

The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new f

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

September 1, 2020 · 2 min read

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range,

Builders & Realtors Agree: Real Estate Is Back

August 27, 2020 · 3 min read

When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, di

The Top Reasons People Are Moving This Year

August 26, 2020 · 4 min read

Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home. Accor

Just How Strong Is the Housing Recovery?

August 24, 2020 · 2 min read

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at

Forbearance Numbers Are Lower than Expected

August 20, 2020 · 2 min read

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again

Current Buyer & Seller Perks in the Housing Market

August 18, 2020 · 3 min read

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

How Is Remote Work Changing Homebuyer Needs?

August 17, 2020 · 3 min read

With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a

Why Homeowners Have Great Selling Power Today

August 5, 2020 · 2 min read

We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house b

Homeownership Rate Continues to Rise in 2020

July 29, 2020 · 2 min read

So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. h

Two Reasons We Won’t See a Rush of Foreclosures This Fall

July 22, 2020 · 2 min read

The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we

A Remarkable Recovery for the Housing Market

July 21, 2020 · 2 min read

For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high dem

Buyers: Are You Ready for a Bidding War?

July 13, 2020 · 2 min read

With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to p

Taking Advantage of Homebuying Affordability in Today’s Market

July 7, 2020 · 2 min read

Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make a purc

What Are Experts Saying About the Rest of 2020?

June 29, 2020 · 2 min read

One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outl

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

June 19, 2020 · 2 min read

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

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

June 10, 2020 · 2 min read

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 across the economy, normally

The Benefits of Homeownership May Reach Further Than You Think

June 2, 2020 · 3 min read

More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisi

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