Pandemic policies have surely shaped the way the U.S. housing market has functioned. More than 7 million American homeowners were enrolled in the mortgage forbearance program at the height of the pandemic. There are now nearly 2 million borrowers that are currently still enrolled. But – that number will soon be zero. The Biden administration has… Continue reading U.S. Housing Market Faces A ‘Shock’ Ahead
Browse the app store on your iPhone or Android and you’ll find many apps for homeowners—but most of us don’t have the time or the phone storage to test them all. So which ones are worth the download? Keep reading to learn our five favorite mobile apps for homeowners. 1. Centriq The perfect app for… Continue reading 5 Best Mobile Apps For Homeowners
Homes should come with a warning label that reads, “maintenance required.” Like it or not, houses need maintenance, and unless you’re fine shelling out tons of money to the plumbers and contractors you’ll have on speed dial, it pays to master a few home maintenance skills yourself. Here are the basic, rock-bottom tasks every homeowner should… Continue reading Essential Home Maintenance All Homeowners Should Know
As the economy continues to strengthen, the housing market is poised for a very strong spring Let’s take a look at the numbers: Manufacturing continues to expand Service jobs rose to a 2 year high as more employees were added back into the workforce Motor Vehicle Sales are up 2.5% Unemployment Claims dropped The monthly… Continue reading A Look At The Latest Numbers & What They Mean To The Housing Market
1. Inventory is at an all-time low Your home could be extremely valuable due to the low inventory of homes on the market. NAR has reported that inventory is at an all-time low with 2.3 months supply available at the current sales pace. In a normal market, that number would be 6.0 months of inventory-significantly… Continue reading 3 Reasons To Sell in 2021
As the housing market continues to rebound amid the pandemic, sellers should think about making some updates on their homes. With demand increasing and inventory low, home buyers are still willing to spend big on homes with quality features. If you want to get the most bang for your buck, focus on features that most… Continue reading 5 Home Features Today’s Buyers Want Most
Many areas in the U.S. experienced at least double-digit growth in second home/luxury home sales last year and experts are not seeing a slowdown. “Americans are pouring money into their homes. Sometimes that means remodeling and sometimes it means purchasing a luxury beach house in Florida,” said Delray Valle, Redfin’s market manager in Palm Beach.… Continue reading Luxury & Second Homes Are In Demand
The week of December 18 marked the 15th record low for mortgage rates this year. The 30-year fixed-rate mortgage dipped further to an average of 2.67%, the lowest rate ever recorded by Freddie Mac, with records dating back to 1971. “The housing market continues to surge higher and support an otherwise stagnant economy that has… Continue reading Mortgage Rates Continue To Drop With New Record Lows
2021 is expected to be a huge year for those looking to sell their home. The 2021 market will mainly be for sellers, but buyers will likely have more options to choose from when finding their dream home in 2021. The upside of the 2021 market is the interest rates will remain the same, projected… Continue reading Why 2021 Might Be The Year To Sell Your Home
Spring is generally the most popular time of year to sell a house, but experts say you could pull in some cold hard cash by deciding to sell your home this winter. 1. Buyers Are Active Buyers are active right now with many having waited until after the Holidays to start looking. 2. Rates Are… Continue reading 6 Great Reasons To Sell Your Home This Winter
