“Many think we may see a rush of foreclosures this fall, but the facts just don’t add up in this case.” The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the...
“With record-low mortgage rates driving high demand from potential buyers, homes are being purchased at an accelerating pace, and it’s keeping the housing market and the economy moving.” For months now the vast majority of Americans have been asking the...
“There are more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers.” Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more...
“Some of the features and amenities buyers are looking for, especially since the health crisis has shifted many buyer priorities.” There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing...
” Last week’s reported mortgage rate reached the lowest point in the history of the survey, which dates back to 1971.” Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down...
“With so many buyers looking for homes to purchase and so few houses for sale right now, there’s a disconnect between supply and demand.” With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated...