Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale.
Whether you’re considering buying or selling, staying on top of the real estate market over the coming months will be essential to your success.
Homeowners are the clear winners. Low mortgage rates mean the cost of owning is at historically low levels and who gains all the benefits of strong house price appreciation? Homeowners.
Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant.
In a competitive market with low inventory, a mortgage pre-approval letter is a game-changing piece of the homebuying process.
Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows.
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…
According to experts, the economy will begin to recover in the second half of this year. With real estate as a driver, that recovery may start sooner than we think.
The Employment Situation Summary was definitely a pleasant surprise, and evidence that the country’s economic turnaround is underway.
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:…