by Troy Jones | Feb 10, 2021 | For Buyers, Housing Market Updates, Interest Rates, Luxury Market, Move-Up Buyers
As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of...
by Troy Jones | Feb 9, 2021 | Buying Myths, Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Interest Rates, Pricing, Selling Myths
Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three...
by Troy Jones | Feb 2, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into...
by Troy Jones | Jan 28, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for...
by Troy Jones | Jan 27, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where...
by Troy Jones | Jan 21, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income....
Recent Comments