Home Sales About To Surge? We May See a Winter Like Never Before. Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are […]
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26 posts
After Forbearance – Now What?Covid-19 has impacted homeowners across the country. With job losses and income reductions, manyhave taken advantage of the ability to enter a forbearance program with their lenders. During theforbearance program, the agreements state that no late fees will be assessed, and the balance ofmissed payments will […]
What Buyers and Sellers Need To Know About the Appraisal Gap It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent […]
4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons […]
3 Charts That Show This Isn’t a Housing Bubble With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The […]
When a real estate agent or broker puts together the purchase agreement for your home, they will talk with you about a variety of supporting and supplemental documents. These may include a letter from your lender, the payment of an Earnest Money Deposit (EMD), and, in most cases, one or […]
A Look at Home Price Appreciation Through 2025 Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these […]