There are many reasons this real estate market is nothing like 2008. Here are six visuals to show the dramatic differences.
Will Mortgage Rates Remain Low in 2021 – Part 2
If you’re ready to buy a home or refinance your current one, it may be wise to make your move before mortgage rates begin to rise.
3 Reasons We’re Definitely Not in a Housing Bubble in 2021
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.
What Experts Are Saying about the 2021 Job Market
For the households that lost a wage earner, these are extremely difficult times. Hopefully, the new stimulus package will lessen some of their pain.
Will Forbearance Plans Lead to a Tsunami of Foreclosures in 2021?
Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay current on their payments, many have not.
We Are Seeing A Remarkable 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
Real Estate Will Lead the Economic Recovery
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 Shocking News in the Unemployment Report
The Employment Situation Summary was definitely a pleasant surprise, and evidence that the country’s economic turnaround is underway.
Is a Recession Here? Yes. Does that Mean a 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
Experts Predict Economic Recovery Should Begin in the Second Half of the Year
The experts note a turnaround is on the horizon, starting as early as later this year.