3 Reasons We’re Definitely Not in a Housing Bubble in 2021

Bill LewisEconomy, Home Ownership

Housing Bubble

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different.

We Are Seeing A Remarkable 2020 Housing Recovery

Bill LewisEconomy, Home Ownership

2020 Housing Recovery

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 demand from potential buyers, homes are being purchased at an accelerating pace, and it’s … Read More

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

Bill LewisEconomy, Home Ownership

Recession Yes - Housing Crash No

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 visible in production, employment, and other indicators. A recession begins when the economy reaches a peak … Read More