by Troy Jones | Sep 21, 2020 | For Buyers, For Sellers, Housing Market Updates
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. They immediately started to compare it to the Great Depression of a century ago. Six months...
by Troy Jones | Sep 18, 2020 | For Sellers, Housing Market Updates, Infographics
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...
by Troy Jones | Sep 17, 2020 | For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
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. Buyers are actively searching for and...
by Troy Jones | Sep 16, 2020 | For Buyers, For Sellers, Housing Market Updates
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. The index leverages a weighted average of four key components of the housing industry by...
by Troy Jones | Sep 14, 2020 | For Buyers, For Sellers, Housing Market Updates
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. In a recent Realtor Magazine article, they discussed...
by Troy Jones | Sep 9, 2020 | For Buyers, For Sellers, Housing Market Updates
Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it is tough to look at...
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