The Market

The #1 Reason Not to Wait to Sell Your House

The #1 Reason Not to Wait to Sell Your House

This was Unexpected Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point...

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s

One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking...

New Home Purchases Up 33%

New Home Purchases Up 33%

Home Builder Confidence Hits All-Time Record Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index...

2020 Housing Market — Stronger than Ever

2020 Housing Market — Stronger than Ever

The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought...

If You Think Affordability is Just About Price, Think Again

If You Think Affordability is Just About Price, Think Again

When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Buyers must...

How fast will the economy recover?

How fast will the economy recover?

Will This Economic Crisis Have a V, U, or L-Shaped Recovery? Many American businesses have been put on hold as the country deals with protecting the health and safety of the population. As the states are deciding on the best strategy to slowly and safely reopen, the...

Will the Rise in Unemployment Crush Home Sales?

Will the Rise in Unemployment Crush Home Sales?

Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis....

Each New Home Sale Makes an $84,724 Economic Impact!

Each New Home Sale Makes an $84,724 Economic Impact!

We’re in a changing real estate market, and life, in general, is changing too – from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors. Even practices for engaging with agents, lenders, and all of the players involved in a...

Why housing is not as vulnerable this time

Why housing is not as vulnerable this time

With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering...

Debating between an Old Home or a New Home?

Debating between an Old Home or a New Home?

We must admit, as a home builder, we're a bit biased. But in this post, we're attempting to give you a deeper look into this decision. Especially if you're thinking they are not all that different by comparison. Whether you are moving to a new area or are a first-time...

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