As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come.
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate.
Tomorrow, the unemployment rate for April 2020 will be released by the U.S. Bureau of Labor Statistics. It will hit a peak this country has never seen before, with data representing real families and lives affected by this economic slowdown. The numbers will alarm us. There will be headlines and doomsday scenarios in the media. There is hope, though, that as businesses reopen, most people will become employed again soon.
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 of any item is determined by supply as well as the market’s demand for that item.
Technology is the driving force behind many of today's real estate transactions. Let’s connect to discuss how working together to go digital can give you an edge when buying or selling your home.
In today’s rapidly changing market, it’s more important than ever to make sure you have a digital game plan and an effective online marketing strategy when selling your house.
After speaking with hundreds of past, current, and future clients over the past 3 weeks our team wanted to put together a list of the top questions being asked. Some of these questions we don't have direct answers for but we do have lots of data from similar situations in the past.
Now that you have spent several weeks in your home with your family the question is do you still love your home?
Spring is here, so flowers are starting to bloom, and many potential homebuyers are anxiously waiting for the COVID Crisis to calm down. If you’re thinking of buying this season, here’s how mortgage interest rates are working in your favor. Freddie Mac explains: “If you're in the market to buy a home, today's average mortgage rates … Continue reading How Interest Rates Can Impact Your Monthly Housing Payments
We’re in a changing real estate market, and life, in general, is changing too – from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors.
