Every time a home is sold it has a tremendous financial impact on local economies. As the real estate market continues its recovery, it will act as a strong tailwind to the overall national economy.
A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health…
With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price…
Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million…
The impact of the unemployment rate on home sales doesn’t seem to be as strong as we may have thought.
There are many reasons indicating this real estate market is nothing like 2008. Here are five visuals to show the dramatic differences.
If the current situation is more like the markets in the early 2000s versus the markets during the Great Recession, home values should be minimally affected, if at all.
Today, the strength of the housing market is actually helping prevent a setback in the overall economy.
Even with home price growth accelerating, today’s low-interest-rate environment has made home affordability the best it’s been since early 2018.
There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more.