What Are Experts Saying About the Rest of 2020?

29 Jun

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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 of 2020 – and the outlook is extremely encouraging. Here’s... Read more »

Homebuyers Are in the Mood to Buy Today

22 Jun

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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 of this opportune time to sell as well. There’s a... Read more »

Once Again, Naples Ranks as #1 Beach Town to Live in for 2020

20 Jun

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WalletHub compared 191 cities across 63 key indicators of livability Jun 17, 2020 – Living by the beach is the ultimate dream for many Americans. After all, beachside communities often represent a relaxed and luxurious way of life. But few realize their dream of living by the water, precisely because of the misconception that beach... Read more »

Pandemic Could Drop Demand for Open Floor Plans

12 Jun

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An open floor plan encourages intimacy, but extended social isolation and a greater demand for home offices could lead to long-term lifestyle changes – and more walls. CHICAGO – The rise in working remotely is prompting more households to reconsider the popular open floor plan. Some of the common open-floor-plan complaints include poor sound quality... Read more »

Real Estate Will Lead the Economic Recovery

09 Jun

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With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work and the financial landscape of the country... Read more »

The Shocking News in the Unemployment Report

08 Jun

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Last Friday, the U.S. Bureau of Labor Statistics released their May Employment Situation Summary. Leading up to the release, most experts predicted the unemployment rate would jump up to approximately 20% from the 14.7% rate announced last month. The experts were shocked. The Wall Street Journal put it this way: “The May U.S. jobless rate fell to 13.3% and employers added 2.5... Read more »

The Benefits of Homeownership May Reach Further Than You Think

05 Jun

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More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today, 65.3% of Americans are able to... Read more »

Home Prices: It’s All About Supply and Demand

02 Jun

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As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come. Making our way through the month of... Read more »

Why This Summer Is the 2020 Real Estate Season

27 May

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With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate.... Read more »

Interest Rates Hover Near Historic All-Time Lows

27 May

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With interest rates currently at historic lows, it may be the right time for you to buy real estate. Some Highlights: Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your... Read more »