In early 2020, concerns over the COVID-19 pandemic sent the global economy into turmoil. The Federal Reserve responded by slashing interest rates, which in turn ushered in an era of all-time low mortgage rates. Now, we’re consistently seeing new record lows week after week. Here’s what it means for you. What Do All-Time Low Mortgage […]
When the economy tumbled earlier this year, many feared the housing market was soon to follow. Business closures and stay-at-home orders did significantly decrease the number of sales overall, though prices largely remained steady, particularly here in the Raleigh area. While many predicted a quick recovery once businesses reopened, few saw the historic housing market […]
This spring, mortgage interest rates fell to all-time historic lows, and now they are projected to remain low for the foreseeable future. This has created a huge incentive for investors—and for sellers who want to take advantage of high buyer demand. What Does High Buyer Demand Mean for You? If you’re thinking about buying or […]
Spring and summer are traditionally hot seasons for real estate. However, the ongoing health crisis and talks of economic slowdown have many buyers and sellers worrying that real estate will suffer. Since supply and demand set home prices, we may be able to get an idea of what’s on the horizon. Supply and Demand Set […]
With unemployment soaring far higher than ever before in American history, many fear that a housing collapse akin to 2008 is on the horizon. However, despite these concerning numbers, the situation isn’t as dire as it looks. Here’s why we’re probably not going to see a market crash or a surge of foreclosures in 2020. […]
With the housing market crash of 2008 still too close for comfort, it’s hard not to envision that this year’s stock market volatility will have the same impact on today’s market—sending home values tumbling. But economists and agents alike are quick to reassure that this isn’t like last time. So, here’s how the stock market […]
There’s a lot of uncertainty hanging over us—the coronavirus closing businesses left and right, stock market volatility sending stocks plummeting, the Fed cutting interest rates to near nothing—but we want to reassure you that another housing market crash is not on the horizon. Here’s Why We Aren’t In Store for a Housing Market Crash After […]
Real estate trends are prone to change. After all, there are many factors that play into home prices and mortgage rates, and as the economy changes, the real estate market follows suit. If you want to get the best possible outcome to your real estate endeavor, staying updated on current real estate trends is crucial […]
First quarter has ended and the Triangle Real Estate market is still very active and continuing to show positive signs for home sellers. According the TARR, Triangle Area Residential Report, the average days on MLS is now 117 and our inventory levels dropped from 6 months in January to 5 months in February. This is […]