Blog

March 26, 2020

Don’t Let Frightening Headlines Scare You

March 26, 2020

There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from the main street media to a lone blogger – has realized that bad news sells.

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March 25, 2020

Is Now a Good Time to Refinance My Home?

March 25, 2020

With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of

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March 24, 2020

What in the World!

March 24, 2020

What in the world is going on with Real Estate! Optimism with Reality. Here is a screenshot from the market watch areas we track, Today we have 168 NEW listings, 172 Pending (in a contract), and 106 Sold. Please reach out if you have ANY need! And since you’ll likely have time on your hands,

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March 24, 2020

Why the Stock Market Correction Probably Won’t Impact Home Values

March 24, 2020

With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last time. The S&P 500 did fall by over fifty percent

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March 23, 2020

Economic Slowdown: What the Experts Are Saying

March 23, 2020

More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real

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March 20, 2020

A Recession Does Not Equal a Housing Crisis

March 20, 2020

Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of

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March 19, 2020

Are We About to See a New Wave of Foreclosures?

March 19, 2020

With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering how they’ll be able to afford their mortgage payments. In spite of this,

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March 18, 2020

Three Reasons Why This Is Not a Housing Crisis

March 18, 2020

In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any

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March 17, 2020

Two Big Myths in the Homebuying Process

March 17, 2020

The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the

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