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Are New Homes Going to Be Available to Buy This Year?

ByDavid Dowd
June 30, 2020
Buyers & Sellers, Housing Market Updates

In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the housing market positioned to lead the way out of this recession,

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What Are Experts Saying About the Rest of 2020?

ByDavid Dowd
June 29, 2020
Buyers & Sellers, Housing Market Updates

One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder

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Think You Should For Sale By Owner? Think Again [INFOGRAPHIC]

ByDavid Dowd
June 26, 2020
Sellers

Some Highlights For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent.According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 35% of homeowners who decided to FSBO last year did so to

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New Index Reveals Impact of COVID-19 on Real Estate

ByDavid Dowd
June 25, 2020
Buyers & Sellers, Housing Market Updates

Earlier this month, realtor.com announced the release of their initial 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, tracking each of the following: Housing Demand – Growth

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Should We Be Looking at Unemployment Numbers Differently?

ByDavid Dowd
June 24, 2020
Buyers & Sellers

The New York Times recently ran an article regarding unemployment titled: Don’t Cheer Too Soon. Keep an Eye on the Core Jobless Rate. The piece suggests we should look at unemployment numbers somewhat differently. The author of the article, Jed Kolko, is a well-respected economist who is currently the Chief Economist at Indeed,

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What Are the Experts Saying About Future Home Prices?

ByDavid Dowd
June 23, 2020
Buyers & Sellers

A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s a simple formula to determine the

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Homebuyers Are in the Mood to Buy Today

ByDavid Dowd
June 22, 2020
Buyers & Sellers, First Time Home Buyers, Housing Market Updates, Interest Rates

According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage

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7 Strategies for a 2020 Open House [INFOGRAPHIC]

ByDavid Dowd
June 19, 2020
Infographic, Sellers

Some Highlights Buyer interest is high right now, so this summer is a great time to sell your house.Here are 7 strategies to help make your house showing a safe and effective one.Let’s connect today to get your house on the market while buying is hot.

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Want to Make a Move? Homeowner Equity is Growing Year-Over-Year

ByDavid Dowd
June 18, 2020
Sellers

One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights Report from CoreLogic, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a

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Is the Economic Recovery Already Underway?

ByDavid Dowd
June 17, 2020
Uncategorized

The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected

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