Mortgage rate trends, housing market news, and what the economy means for homebuyers and homeowners.
Mortgage rate trends, housing market news, and what the economy means for homebuyers and homeowners.
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…
Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the…
Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good…
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.
There are actually many reasons we won’t see a surge in the number of foreclosures like we did during the housing crash over ten years ago.
No one knows for sure. It depends on how long it takes to beat this virus. Goldman Sachs anticipates we will see a difficult first half of the year, but the economy will recover in the second half of 2020.
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.