The year started out very economically promising—low unemployment, a soaring stock market, and an overall thriving economy. And then, the COVID-19 pandemic struck, forcing global closures, business shutdowns, and nationwide stay at home orders. The resulting 2020 unemployment rate has been more than just shocking…it’s also been almost historically high. Soaring 2020 Unemployment Rate Isn’t […]
Tag Archives: social distancing
No, There Won’t Be a Surge of Foreclosures in 2020
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. […]
What’s Reopening During North Carolina’s Phase One?
On Friday, May 8, 2020, North Carolina moved into Phase One of reopening. The previous stay-at-home order remains in effect, with modifications that allow for some businesses to open and a bit more overall flexibility for leaving home. Here’s a look at what North Carolina’s Phase One will allow. A Breakdown of Changes During North […]
Homeownership Rates Are Higher Than They’ve Been in 8 Years!
Listing Your Home Now Could Mean Selling for More
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 […]
Is It Smart to Buy a Home Right Now? Actually… Yes.
With unprecedented closures and social distancing measures changing the way we do everything from business to everyday life, the economy has been in a state of upheaval, leaving many would-be buyers wondering if it’s smart to buy a home right now. Some have put their searches on hold, while others have continued on the hunt. […]
Keys to Selling Your House Virtually—And Safely
If you’ve been thinking of selling your home in the Triangle, you’re likely wondering how the current health crisis might have impacted your plans. The good news is that selling your home while social distancing is very possible—in fact, real estate has hardly slowed these past few months! Here are some things you might want […]