Three Ways to Win in a Bidding War

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy […]
http://dlvr.it/RfhCJ7

The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

Some Highlights * The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. * This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power. * Let’s connect if you’d like expert guidance on exploring your homebuying options while affordability is high.
http://dlvr.it/RfWgKj

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, […]
http://dlvr.it/RfS2RF

Should You Buy an Existing Home or New Construction?

Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at […]
http://dlvr.it/RfNQdn

Builders & Realtors Agree: Real Estate Is Back

When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite is taking place. After the […]
http://dlvr.it/RfJjCJ

The Top Reasons People Are Moving This Year

Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home. According to Zillow: “In 2020, homes went from […]
http://dlvr.it/RfF6NJ

Ask a Pro About Buying a Home [INFOGRAPHIC]

Some Highlights * According to trending data, searches for key real estate topics are skyrocketing online. * Clearly, lots of people have questions about buying a home, and other topics related to the process. * Working with a trusted real estate professional will help you create the most personalized and helpful experience. Let’s connect so you have the guidance you need along the way.
http://dlvr.it/Rf4Zfm

Forbearance Numbers Are Lower than Expected

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely. […]
http://dlvr.it/Rf0zgP

Just How Strong Is the Housing Recovery?

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of […]
http://dlvr.it/RdxRJc

Sellers Are Returning to the Housing Market

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research […]
http://dlvr.it/RdsqCn

The Beginning of an Economic Recovery

The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what it means relative to the […]
http://dlvr.it/RdpJdg

Mortgage Rates & Payments by Decade [INFOGRAPHIC]

Some Highlights * Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. * Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant. * Let’s connect to determine the best way to position your family for a financially-savvy move in today’s market.
http://dlvr.it/Rddtc7

Homes Are More Affordable Right Now Than They Have Been in Years

Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report […]
http://dlvr.it/RdZCjz

Why Foreclosures Won’t Crush the Housing Market Next Year

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of […]
http://dlvr.it/RdVTmR

Current Buyer & Seller Perks in the Housing Market

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: […]
http://dlvr.it/RdQkG3

The Latest Unemployment Report: Slow and Steady Improvement

Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were added, and […]
http://dlvr.it/RdM3NJ

2020 Homebuyer Preferences [INFOGRAPHIC]

Some Highlights * A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. * Many buyers are accelerating their timelines to take advantage of low mortgage rates and staying home has enabled some to save more money to put toward a down payment. * Let’s connect today if your needs have recently changed and you’re ready to make a move this year.
http://dlvr.it/RdBHYz

How Is Remote Work Changing Homebuyer Needs?

With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? […]
http://dlvr.it/Rd6Z49

Why Homeowners Have Great Selling Power Today

We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house becomes increasingly desirable. […]
http://dlvr.it/Rd2rZ4

Today’s Buyers Are Serious about Purchasing a Home

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply […]
http://dlvr.it/Rcz85Z

Experts Weigh-In on the Remarkable Strength of the Housing Market

America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential […]
http://dlvr.it/RcvYS3