Chances of Another Foreclosure Crisis? “About Zero Percent.”
There seems to be some concern that the 2020 economic downturn will lead to another foreclosure crisis like the one we experienced after the housing crash a little over a decade ago.
Homes for Sale Are Rapidly Disappearing
Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates.
Why Working from Home May Spark Your Next Move
If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected.
Tips to Sell Your House Safely Right Now [INFOGRAPHIC]
![Tips to Sell Your House Safely Right Now [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/11/12084014/20201113-NM.png)
Some Highlights
- Your agent now has over 6 months of experience selling houses during the pandemic and can make the process easier and safer for you today.
- COVID-19 protocols and technology usage recommendations from the National Association of Realtors (NAR) are making it possible to sell houses right now, while agents continue to abide first and foremost by state and local regulations.
- Reach out to a local real estate professional to discuss how to sell your house safely in today’s housing market.
Winter Will Bring a Flurry of Activity to the Housing Market
In the second half of this year, the housing market surged with activity.
Is it Safe to Sell My House Right Now?
In today’s real estate market, the buzz is all about how it’s a great time to sell your house.
Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis
As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year.
4 Reasons Why the Election Won’t Dampen the Housing Market
Tomorrow, Americans will decide our President for the next four years.
Three Ways Low Inventory Is a Win for Sellers
The number of houses for sale today is significantly lower than the high buyer activity in the current housing market.
Why Today’s Options Will Save Homeowners from Foreclosure
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end.
Americans Are Gaining Confidence in the Economy
The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%.
Real Estate Continues to Show Unprecedented Strength This Year
The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery.
Do You Need to Know More about Forbearance and Mortgage Relief Options?
Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so.
The #1 Reason Not to Wait to List Your House for Sale
Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them.
Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]
![Rising Home Equity Can Power Your Next Move [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/10/01175200/20201002-NM.jpg)
Some Highlights
- According to CoreLogic, homeowners across the country are gaining significant equity.
- Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth.
- If you’re ready to sell your current house and begin looking for your dream home, contact your local real estate professional to learn how your home equity can help make that possible.
Where Are Home Values Headed Over the Next 12 Months?
As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market.
Housing Market on Track to Beat Last Year’s Success
Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse.
Home Builder Confidence Hits All-Time Record
Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83.
Is the Economic Recovery Beating All Projections?
Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come.
Homes Across the Country Are Selling Fast [INFOGRAPHIC]
![Homes Across the Country Are Selling Fast [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/09/17165638/20200918-NM.jpg)
Some Highlights
- Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month.
- With homes moving from listing day to pending sale in an average of just 22 days, it’s a great time to sell a house.
- Reach out to a local real estate professional today so you can make your move while buyers are scooping homes up faster than they’re coming to market.
How Low Inventory May Impact the Housing Market This Fall
Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale.
The Surging Real Estate Market Continues to Climb
Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market.
Two New Surveys Indicate Urban to Suburban Lean
There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide.
The Latest Unemployment Rate Fell to 8.4%
Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020.
Have You Ever Seen a Housing Market Like This?
The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live.
