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Real Estate Is Driving the Economy

Real Estate Is Driving the Economy

The housing market is playing a major role in today’s economic recovery. Many have gone through major changes in their lives this year. From unemployment, to working from home, to homeschooling. These changes all contribute to people contemplating whether they should buy or sell today. The high buyer demand coupled with the low housing inventory […]

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Sellers Are Returning to the Housing Market

Today’s housing market has low supply and high demand. As a result it can be difficult for buyers to get a home under contract. We are slowing seeing that sellers are coming back on the market. This is a great opportunity for buyers. Javier Vivas, Director of Economic Research at realtor.com, explains: “Seller confidence has been improving gradually after […]

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Experts Discuss the Strength of the Housing Market

America has had a very challenging 2020. A global pandemic, a financial crisis with millions still unemployed, and an upcoming presidential election. Despite all these issues, the real estate market shows resilience and strength. Here is what the experts are saying. Ivy Zelman, CEO of Zelman & Associates: “Whether in terms of pending contract activity […]

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Will Homebuyers Move to the Suburbs?

As we all know most Americans continue to work remotely from home. In addition, they are worried about living in populated areas because of COVID-19. Will this cause people to move out of large cities into the suburbs? Spending more time at home and need for larger space is definitely causing interest in homebuyers to […]

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Housing Market is Strong

The country is still struggling with COVID-19, however the real estate market is resilient. Three reports were recently released showing the housing market is growing. 1. Ivy Zelman’s Real Estate Broker Survey This survey showed that buyer demand is high: “This month’s overall homebuyer demand rating…was easily the strongest sequential gain in our survey history…Strength continues to […]

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Homebuyers are Purchasing Today

Mortgage rates are at a historic low and are projected to remain low through the next year. This is a big incentive for homebuyers. Low interest rates means lower monthly payment or higher buying power. Homeowners who are looking to sell also have an opportunity to take advantage of those eager homebuyers. According to FreddieMac: […]

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Home Equity is Growing

One of the best things about the 2020 real estate market is that homeowner equity is high. CoreLogic recently released a report that stated that in almost every state there was a year-over-year 6.5% equity increase. According to the report: “CoreLogic analysis shows U.S. homeowners with mortgages (roughly 63% of all properties) have seen their […]

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Summer will be the busy Real Estate Season in 2020

Some Highlights Let’s connect today if you are planning on selling. It is a great time. If you are trying to purchase, we can help! From the mortgage pre-approval to the closing. We can help every step of the way!

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Are You Ready for the Summer Housing Market?

Normally Spring is a very busy season for the real estate market. This year things have been quite different. As the COVID-19 pandemic spread, many sellers were cautious about listing their homes for sale. They were afraid about people coming into their homes for showings. They are also concerned with getting low offers since there […]

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The Housing Market will Help Bring the Economy Back Up

With the unprecedented pandemic and states starting to reopen, all focus is on the American Economy. The major question is what sectors of the economy will contribute and drive its recovery? The great news is that many experts agree that the housing market will drive the economy to recovery. In the 2008 recession, the housing […]

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