“Many economists have struggled with how to deal with the vast number of temporary layoffs, as a complete shutdown of the economy has never happened before.” The New York Times recently ran an article regarding unemployment titled: Don’t Cheer Too Soon....
“With mortgage rates hovering at such compelling places, ongoing buyer interest is bound to keep driving the housing market forward.” According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically...
“In the first quarter of 2020, the average homeowner gained approximately $9,600 in equity during the past year.” One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country....
“Low mortgage rates, reduced spending and re-evaluating their space are some of the reasons buyers are ready to purchase a new home.” A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all...
“For the seventh year in a row, real estate has come out on top as the best long-term investment!” Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate,...
New York State COVID-19 Phase 2 Reopening Jun 9, 2020Beginning Wed., June 10, 2020, as NY enters Phase 2 of reopening, we will resume in-person showings following mandatory guidelines. read more Real Estate Will Lead the Economic Recovery Jun 9, 2020Experts say the...