The major reason for the housing crash 15 years ago was a tsunami of foreclosures. With much stricter mortgage standards and a historic level of homeowner equity, the fear of a housing crash impacting today’s market is not realistic. Homeownership has become a major element in achieving the American Dream. A recent report from the […]
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent […]
Many consumers are wondering what will happen to home price appreciation over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist […]
As a real estate agent, you know that finding the right lender is key to closing a successful deal. But what if you don’t have a preferred lender? Here are three signs that you need one: 1) You are feeling uncertain about your current Loan Officer 2) You and your clients are looking for better […]
Photo by David McBee from Pexels We may have a “new normal” for the housing market. Due to low record low interest rates over the past year, there’s been a huge surge in demand. When you combine this with the low housing supply it creates a housing boom. The housing market remains fiercely competitive and […]