Housing Market Updates Archives - Page 29 of 45

Are We About to See a New Wave of Foreclosures?

March 19, 2020 - General Information

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 [...] Read More

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Monica Foster March 19, 2020

Three Reasons Why This Is Not a Housing Crisis

March 18, 2020 - General Information

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 [...] Read More

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Monica Foster March 18, 2020

New Homes Coming to the Housing Market This Year

March 9, 2020 - General Information

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban [...] Read More

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Monica Foster March 9, 2020

Real Estate Is Soaring, But Not Like 2008

March 4, 2020 - General Information

Unlike last year, the residential real estate market kicked off 2020 with a bang! In their latest Monthly Mortgage Monitor, Black Knight proclaimed: “The housing market is heating entering 2020 and recent rate declines could continue that trend, a sharp [...] Read More

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Monica Foster March 4, 2020

Thinking of Selling? Now May Be the Time.

February 26, 2020 - General Information

The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today [...] Read More

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Monica Foster February 26, 2020

Opportunity in the Luxury Market This Year

February 24, 2020 - General Information

Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, [...] Read More

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Monica Foster February 24, 2020

The #1 Reason to List Your House Right Now

February 12, 2020 - General Information

The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that [...] Read More

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Monica Foster February 12, 2020

Homeownership Rate on the Rise to a 6-Year High

February 11, 2020 - General Information

Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level [...] Read More

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Monica Foster February 11, 2020

Strength of the Economy Is Surprising the Experts

January 30, 2020 - General Information

We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal [...] Read More

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Monica Foster January 30, 2020

Where Have All the Houses Disappeared To?

January 29, 2020 - General Information

If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of [...] Read More

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Monica Foster January 29, 2020

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