A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy.
The price of any...
Some Highlights
According to Lawrence Yun, Chief Economist at NAR, home prices are forecasted to rise.
Results from the Existing Home Sales Report note that home sales declined in March due to the coronavirus, but prices are still s...
Earlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic recoveries to support that expectatio...
In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, howev...
Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take...
The Pain of Unemployment: It Will Be Deep, But Not for Long
There are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we nor...
How Technology is Helping Buyers Navigate the Home Search Process [INFOGRAPHIC]
Some Highlights:
A recent realtor.com survey revealed that buyers are still considering moving forward with the homebuying process, even if they can’t s...
Today’s Homebuyers Want Lower Prices. Sellers Disagree.
The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell r...
Think This Is a Housing Crisis? Think Again.
With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those ...
What If I Need to Sell My Home Now? What Can I Do?
Every day that passes, people have a need to buy and sell homes. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or y...