News Items in the Category

market conditions

Why Moving May Be Just the Boost You Need
January 25, 2021

Why Moving May Be Just the Boost You Need

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As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and well-being. This is no surprise since the U.S. Census […]

What Experts Are Saying about the 2021 Job Market
January 21, 2021

What Experts Are Saying about the 2021 Job Market

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Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income. However, we need to give it some context. Greg Ip, Chief Economics Commentator at […]

Owning a Home Is Still More Affordable Than Renting One
January 20, 2021

Owning a Home Is Still More Affordable Than Renting One

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If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, […]

Should I Wait for Lower Mortgage Interest Rates?
January 19, 2021

Should I Wait for Lower Mortgage Interest Rates?

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Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the […]

How to Make the Dream of Homeownership a Reality This Year
January 18, 2021

How to Make the Dream of Homeownership a Reality This Year

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In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one […]

Why Right Now May Be the Time to Sell Your House
January 14, 2021

Why Right Now May Be the Time to Sell Your House

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The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is […]

Will Forbearance Plans Lead to a Tsunami of Foreclosures?
January 13, 2021

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

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At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay […]

4 Reasons People Are Buying Homes in 2021
January 12, 2021

4 Reasons People Are Buying Homes in 2021

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According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we may need in one going forward. Here are […]