The start of the year showed quite a bit of promise for real estate—high prices, strong demand, steady interest rates… and then a global health crisis threw the American economy into chaos. Widespread closures, unemployment, and stay-at-home orders have led many to postpone making large purchases or sales. However, interest rates in 2020 may indicate […]
Nationwide, businesses are beginning to reopen, employees are returning to work, and retail and service sales have started to increase. And as the economy begins to strengthen, many wonder if the real estate market will be the driving force behind its recovery. Will the Housing Market Affect the Economy’s Recovery? In 2008, the housing market […]
These past few months have been filled with uncertainty, thanks to widespread unemployment and more than a little turbulence in the economy. All the upheaval has left many would-be buyers and sellers wondering if it’s still smart to make a move, or if they’d be better waiting for things to settle down. So, what does […]
This has been quite the tumultuous year! An unforeseeable global health crisis brought the economy to a screeching halt, sending unemployment rates soaring, closing businesses nationwide, and leading to the enactment of a plethora of new changes and restrictions on the way we do everything from grocery shopping to buying houses. All the ups and […]
There may be a global health crisis changing up the way we do everything from business meetings to dining out, but one thing hasn’t changed too much—home prices. A recent study by the National Association of Realtors (NAR) shows that most sellers are holding steady on price, which ultimately means that listing your home now […]
After months of closures and restrictions, the Triangle’s businesses are finally starting to reopen in phases. As people begin returning to work, as consumers resume normal spending, and as life slowly returns to normal, our economy, too, will start to recuperate. And many analysts believe that new construction will drive Raleigh’s economic recovery. Raleigh’s Economic […]
No matter what capacity you’re entering the Triangle area real estate market in—whether it’s buying, selling, or investing—it’s crucial to be prepared. By knowing all of the latest numbers on mortgage rates, median sales price, and average days on the market, you can gain a major advantage over your competition! Since we want to ensure […]
In a lot of ways, buying and selling a home is like a test. You want to make sure you study up on all of the materials and have the right supplies before you get started. But maybe most importantly, you want to make sure you have a teacher that can guide you through the […]
Facing a foreclosure can be traumatic. Putting all of that hard work and hard-earned money into buying a home, only to have it fall through in the end, is the worst-case scenario for many buyers—enough that it may prevent them from buying again. While it’s hard to imagine the impact that a foreclosure has, it […]
Over the last several years, home prices have increased substantially throughout the country. Many homeowners are worried that this means we’re headed towards another housing crash. Luckily, that’s not the case. We’ve written about it at length, but the real estate market is not heading towards a crash. While it’s true that home values are […]