While no one is expecting miracles from the spring selling season in the housing market this year, real estate pros say they’re confident the slowdown will be temporary, and that a turnaround will commence as soon as social distancing measures are relaxed. That’s according to the National Association of Realtor’s latest Economic Pulse Flash Survey,
Every Financial Downturn Must Have an Upturn
April 1, 2020 by
The coronavirus has completely changed the financial market—well at least for the rest of the year. Most financial advisors will tell you that the downturn will go up again. It is the way of the stock market and today the returns don’t look all that great. It is the end of the first financial quarter
Housing markets braced for deluge of new first-time buyers
May 7, 2019 by
Nearly 45 million people in the U.S. will reach the typical age for first-time home buyers in the next 10 years – 3.1 million more than the past decade – creating more demand in an already challenging market for those looking to get into their first home. The typical first-time home buyer in the U.S.
U.S. housing market now worth $33.3 trillion
January 4, 2019 by
The U.S. housing market is more valuable than ever, worth a cumulative $33.3 trillion in 2018. Since the market hit its lowest point in 2012, it has gained $10.9 trillion in value, and is now worth $4 trillion more than it was at the peak of the housing bubble. A home is the single largest
PropertyGuys.com to Expand into the United States
November 28, 2018 by
PropertyGuys.com which is Canada’s premier private sale marketing group recently announced that it has awarded a Master Franchise License for its proprietary real estate platform in the state of Florida. According to the press release, the company which is now the largest private real estate franchise network in Canada is now strategically targeting the US
More Perspective on the Housing Market Shift
November 8, 2018 by
I’ve been writing about changes evolving in the housing market for several months. Recently, Morningstar Credit Ratings’ take away from the SFIG Residential Mortgage Finance Symposium was a very similar perspective of where the market is currently at and most likely headed. There are a lot of moving parts to take into consideration including midterm
Buying a foreclosure as your first home?
October 9, 2018 by
Let me start by saying that considering any money saving options when purchasing a home is smart. I would always advise that first time buyers do plenty of research before settling on buying a foreclosure. Buying a foreclosed home may seem like a great deal at first glance. After all, how could an incredibly low
NAR economist Yun looks at the housing market 10 years after the Great Recession
August 30, 2018 by
A full decade after U.S. housing markets were crushed by the so-called Great Recession, which led to a major crisis that saw thousands of homes foreclosed upon,
The Impact of the Tech Revolution on the Housing Market
August 9, 2018 by
For years it looked like the real estate market was one corner of the economy that could withstand the never-ending march of technology.
