Archive for Market News – Page 2

Why Home Prices Will (Likely) Keep Rising in 2022

A slowdown seems to be the general consensus among many housing analysts, economists and industry watchers.

But a “slowdown” is not a reversal. While home prices might rise more slowly next year, it’s almost certain they will continue to climb …

Most Single Women Households Say Homeownership is out of Reach

This headline really caught my eye!

“If you like it then you shoulda got a loan on it. All the single ladies! Well, ok, MANY of the single ladies feel that buying a home is Beyoncé their means”.

Down payment

How Does Housing Play a Part in Generational Wealth?

racial diversity in homeownershipDespite gains made after the signing of the Fair Housing Act in 1968, currently 71 percent of Asian Americans, 54 percent of Hispanic Americans, and 63 percent of White Americans can afford to buy the typical home compared to only …

How to Navigate the Bidding Wars When Buying a Home! Part 1

This is Part 1 of 2 on how to navigate the bidding wars when purchasing a home.

The pandemic has shown individuals and families that they need more space to “work from home” (WFH).  More Americans see the value of …

Thinking About Selling Your Home?

It is important to understand the typical costs when selling your home.  Many real estate professionals will be happy to give you a Market Analysis on your home to establish value.  If you ask, they will also give you an …

U.S. Homeowners are Becoming Equity Rich!

I read an online article today at Bloomberg that said at the end of 2020, more than 30% of U.S. homeowners were considered equity-rich — meaning their property was worth twice as much as the underlying mortgage.

Helped by low …

Millionaires Found Most Built Wealth Slowly Over Time Using a Basic Tool Many Americans Overlook

How to be a millionaireAn article written by Liz Knueven at businessrider.com really hit home for me and I think this message needs to get pushed out to as many people as possible.  Reports show that 40% of retirees are living solely on social …

Two Reasons Why People are Buying a Home in the Middle of a Pandemic!

Someone just sent me a joke and I think it is worthy of sharing since this year is one for the record books (in a bad way).  If 2020 was a math problem, it would go like this…….If a canoe …

How Has COVID-19 Impacted Mortgage Underwriting?

Over the last few months, COVID-19 has taken the world by storm, causing individuals and businesses to change their day-to-day processes to ensure everyone remains safe and healthy. While this is not business as usual, it’s still business—simply with different …

Nearly every industry has been impacted by the global COVID-19 pandemic and real estate is no exception

Key Questions For Buying Or Selling A Home During The Pandemic

Nearly every industry has been impacted by the global COVID-19 pandemic and real estate is no exception. Because the cornerstone of buying or selling a home is face-to-face interaction, …