The Best Advice Does Not Mean Perfect Advice
The angst caused by the coronavirus has most people on edge regarding both their health and financial situations.
Don’t Let Frightening Headlines Scare You
There’s a lot of anxiety right now regarding the coronavirus pandemic.
Is Now a Good Time to Refinance My Home?
With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance.
Why the Stock Market Correction Probably Won’t Impact Home Values
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.
Economic Slowdown: What the Experts Are Saying
More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19.
A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]
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 2008.
Are We About to See a New Wave of Foreclosures?
With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures.
Three Reasons Why This Is Not a Housing Crisis
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.
5 Simple Graphs Proving This Is NOT Like the Last Time
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008.
Buying a Home: Do You Know the Lingo? [INFOGRAPHIC]
![Buying a Home: Do You Know the Lingo? [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/03/09160310/20200313-NM-EN.jpg)
Highlights:
- Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
- To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way.
- The best way to ensure your homebuying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher.’
Equity Gain Growing in Nearly Every State
Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is.
New Homes Coming to the Housing Market This Year
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.
The Difference an Hour Makes [INFOGRAPHIC]
![The Difference an Hour Makes [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/03/04151011/20200306-NM-EN.jpg)
Some Highlights:
- Don’t forget to set your clocks forward this Sunday, March 8 at 2:00 AM EST in observance of Daylight Saving Time, unless you’re a resident of Arizona or Hawaii!
- Every hour in the United States, 568 homes are sold and median home values rise by $1.92.
- As we “spring forward” this year, be sure to reach out to a local real estate professional to see how you can take advantage of every hour in the housing market.
Impact of the Coronavirus on the U.S. Housing Market
The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming.
Real Estate Is Soaring, But Not Like 2008
Unlike last year, the residential real estate market kicked off 2020 with a bang!
Thinking of Selling? Now May Be the Time.
The housing market has started off much stronger this year than it did last year.
Entry-Level Homeowners Are in the Driver’s Seat
One thing helping homeowners right now is price appreciation, especially in the entry-level market.
The Many Benefits of Aging in a Community
There’s comfort in being around people who share common interests, goals, and challenges. That comfort in a community doesn’t wane with age – it actually deepens.
The #1 Reason to List Your House Right Now
The success of the U.S. residential real estate market, like any other market, is determined by supply and demand.
How Pricing Your Home Right Makes a Big Difference
Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell.
The Top States Americans Moved to Last Year [INFOGRAPHIC]
![The Top States Americans Moved to Last Year [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/02/06085540/20200207-NM-scaled.jpg)
Some Highlights:
- Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state.
- Idaho held on to the top spot of ‘high inbound’ states for the second time since 2017, followed by Washington State.
- New York was the country’s outbound move leader in 2019, a designation it most recently held in 2014.
Does “Aging in Place” Make the Most Sense?
A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – there’s a comfort in staying in a home you’ve lived in for many years instead of moving to a totally new or unfamiliar environment. There is, however, new information that suggests this might not be the best option for everyone.
How to Avoid a Gender Gap When Investing in the Housing Market
When buying a home, we all want to feel like we’re making the right decision, paying a fair price, and making the best investment of our lives. According to a recent gender-based study, men and women can unknowingly walk away with very different financial outcomes when the deal closes. Thankfully, if you follow some simple ways to arm yourself with the information you need to prepare in advance, you’re more likely to feel like you’ve won when the keys to your new house are in your pocket.
Strength of the Economy Is Surprising the Experts
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 (WSJ) for the Economic Forecasting Survey predicted we would have a recession no later than the end of this year (2020). The same study done just three months ago showed more than one third of the economists still saw an economic slowdown right around the corner.
Where Have All the Houses Disappeared To?
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 existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 10.8% from the same time last year. That exceeds expectations and is great news.
