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Is Right Now the Right Time to Sell? [INFOGRAPHIC

ByDavid Dowd
January 29, 2021
Infographic, Move-Up Buyers, Sellers

Some Highlights If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition.With buyer demand rising and historically low inventory for sale, if you’re in a position to move, your house may really stand out

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Housing Inventory

What Record-Low Housing Inventory Means for You

ByDavid Dowd
January 28, 2021
Buyers & 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 sale today. Last week,

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What Happens When Homeowners Leave Their Forbearance Plans?

ByDavid Dowd
January 27, 2021
Buyers & 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 these homeowners stand right now: 2,543,000 (39%) are

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What’s the Difference between an Appraisal and a Home Inspection?

ByDavid Dowd
January 26, 2021
Buyers, Buying Myths, First Time Home Buyers

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the

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Why Moving May Be Just the Boost You Need

ByDavid Dowd
January 25, 2021
Buyers & Sellers, First Time Home Buyers, Move-Up Buyers

As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health

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Financial Fundamentals for Homebuyers [INFOGRAPHIC]

ByDavid Dowd
January 22, 2021
Buyers, Buying Myths, Down Payments, First Time Home Buyers, Infographic

Some Highlights When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses.From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan

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What Experts Are Saying about the 2021 Job Market

ByDavid Dowd
January 21, 2021
Buyers & Sellers, 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. However, we need to give it some

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Owning a Home Is Still More Affordable Than Renting One

ByDavid Dowd
January 20, 2021
Buyers, Buying Myths, First Time Home Buyers

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise.

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Should I Wait for Lower Mortgage Interest Rates?

ByDavid Dowd
January 19, 2021
Buyers, Buying Myths, First Time Home Buyers

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and

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How to Make the Dream of Homeownership a Reality This Year

ByDavid Dowd
January 18, 2021
Buyers, Down Payments, First Time Home Buyers

In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our

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