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Monthly Archives: September 2020

    Why Selling this Fall May Be Your Best Move

    By Treasure Davis | September 30, 2020

    If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one. 1. Buyers Are Actively in the Market ShowingTime, a leading real estate showing software and market stat service provider,... Read More

    Where Are Home Values Headed Over the Next 12 Months?

    By Treasure Davis | September 29, 2020

    As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate? Original... Read More

    Housing Market on Track to Beat Last Year’s Success

    By Treasure Davis | September 28, 2020

    Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered. Mark Fleming, Chief Economist at First American, announced last week: “Since... Read More

    Home Equity Gives Sellers Options in Today’s Market

    By Treasure Davis | September 24, 2020

    Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before the health crisis swept our nation, and... Read More

    The Cost of a Home Is Far More Important than the Price

    By Treasure Davis | September 22, 2020

    Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.” Whenever there is a shortage in supply... Read More

    Is the Economic Recovery Beating All Projections?

    By Treasure Davis | September 21, 2020

    Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still trying to stabilize, but it is evident that the... Read More

    How Low Inventory May Impact the Housing Market This Fall

    By Treasure Davis | September 17, 2020

    Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low-interest rates, but they’re just... Read More

    Is Now a Good Time to Move?

    By Treasure Davis | September 15, 2020

    How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time to time to be... Read More

    Two New Surveys Indicate Urban to Suburban Lean

    By Treasure Davis | September 14, 2020

    There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide. In a recent Realtor Magazine article, they discussed the issue and addressed comments made by Lawrence Yun, Chief Economist for the National... Read More

    Home buyer Traffic Is on the Rise

    By Treasure Davis | September 10, 2020

    One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he will be right. ShowingTime, a leading showing... Read More