“Builder Confidence Hits All-Time High!” When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would...
By Ann Donahue-Smuklerann.smukler@newsday.comUpdated August 20, 2020 6:00 AM THE SCOOP – A one-traffic-light town until about three decades ago, East Moriches is still a quiet, laid-back community, says Steve Monzeglio. “It’s a real gem of a small South Shore...
“Forbearance did not hit 30%, but rather peaked at 8.6% and has been steadily falling since.” Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could...
” Let’s look at two measures that explain the resilience of the real estate market.” The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new...
“We’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers!” In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current...
“The challenge today is to understand exactly what’s going on with the economy and what it means relative to the road ahead.” The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but...
