Even if you haven’t been thinking about listing your home, you might have heard that mortgage interest rates currently hover near all-time lows. You may also have heard that buyer demand continues to increase, while inventory of homes for sale remains low. And as a homeowner, all that might lead you to wonder if it’s […]
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 […]
The COVID-19 health crisis brought many aspects of American life to a halt in early 2020. Real estate was not unaffected, though it has remained surprisingly stable. Sales declined fairly steeply in April and May, but have since started to pick back up again, paving the way for a strong summer 2020 housing market, especially […]
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 […]
If you’re thinking of selling a home, you might be tempted to list For Sale By Owner (FSBO) in order to save a little money on agent commission. But before you stick a “For Sale” sign in the yard, you might want to reconsider! Here’s why. The Downsides of For Sale By Owner Real Estate […]
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 […]
Since the start of the ongoing health crisis earlier this year, more people have been spending more time at home. And additional time at home has led more than a few owners and renters to realize that their homes might be missing a few amenities they’d like to have. How does your home compare? If […]
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 […]
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 […]