Looking to the Future: What the Experts Are Saying
As our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last. How long will we feel the effects of the coronavirus? How deep will the impact go? The human toll may forever change families, but the economic ...
The Housing Market Is Positioned to Help the Economy Recover
The National Association of Home Builders predicts that because of the shortage of homes, the housing market will rapidly recover after COVID-19. I'm staying positive! Are You? Some Highlights Expert insights are painting a bright future for housing when the economy bounces back – and it will. We may be facing ...
Economic Slowdown: What the Experts Are Saying
More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible ...
30 Year Mortgage Interest Rates Reached 18.63% (In 1981)
For the week of 10/9/1981 the 30 year rate was a whopping 18.63%! According to Freddie Mac, mortgage interest rates today are currently hovering near a five-decade low. Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, ...
February Happenings, Tax Tips and Moving Tips
With many thanks to our CW Title & Escrow partners, here are a few tips about important dates in February. You may be needing some tax tips, or are getting ready to move into your new home. Don’t forget Valentine’s Day! ...
Why Pet-Friendly Homes Are in High Demand
One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers, rather than alienating the 68% of American households that have a pet! If ...
Calm Down! The Real Estate Market is NOT Falling Apart
There has been tremendous volatility in certain markets over the last few weeks (for example, the stock and currency markets). When this happens, some tend to lump all of their investments together and create an almost ‘Armageddon’ scenario where everything loses value quickly and dramatically. Real estate is an investment that ...
Whether You Rent or Buy, Either Way You’re Paying a Mortgage!
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source ...
Should Boomers Buy or Rent after Selling?
In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home. “Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent... Meanwhile, ...