The Real Estate Market: What You Need to Know to Make Informed Decision

Some Highlights: * The housing market is forecasted to finish the year with growing strength. * Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise. * If you’re thinking of buying or selling a home this year, let’s connect to maximize your opportunity today. https://www.simplifyingthemarket.com/en/2020/07/31/where-is-the-housing-market-headed-for-the-rest-of-2020-infographic/?a=492508-5792a6ba3fc4f971e5ea39a74a0ea948&utm_source=dlvr.it&utm_medium=blogger

As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend […] https://www.simplifyingthemarket.com/en/2020/07/30/will-we-see-a-surge-of-homebuyers-moving-to-the-suburbs/?a=492508-5792a6ba3fc4f971e5ea39a74a0ea948&utm_source=dlvr.it&utm_medium=blogger

So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership […] https://www.simplifyingthemarket.com/en/2020/07/29/homeownership-rate-continues-to-rise-in-2020/?a=492508-5792a6ba3fc4f971e5ea39a74a0ea948&utm_source=dlvr.it&utm_medium=blogger

Whether you like to or not, buying and selling a home involves negotiation at all stages of the process.   It is not like the retail world where once you decide to purchase, you pay the price.   It is easily the most expensive purchase or sale that most people experience and emotions get involved that could affect the negotiations adversely. The word "home" by itself conjures up emotions and selling a home you've lived in for a while could even complicate things more.   A real estate professional can separate their emotions from the process to be able to help the one they are representing. The price of the home, the type of financing and concessions, closing costs, personal property, closing dates and possession are just a few of the many things that can be negotiated in a contract.   Since the seller wants to get the most for their house and the buyer wants to pay the least, their objectives are diametrically opposed. Even after the contract is signed, removing the

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is […] https://www.simplifyingthemarket.com/en/2020/07/28/guidance-and-support-are-key-when-buying-your-first-home/?a=492508-5792a6ba3fc4f971e5ea39a74a0ea948&utm_source=dlvr.it&utm_medium=blogger

The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall […] https://www.simplifyingthemarket.com/en/2020/07/27/three-of-the-latest-reports-show-housing-market-is-strong/?a=492508-5792a6ba3fc4f971e5ea39a74a0ea948&utm_source=dlvr.it&utm_medium=blogger

Some Highlights * A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis. * Expertise and professionalism are highly valued and can save buyers and sellers time and effort along the way. * If you’re thinking of buying or selling a home this year, let’s connect to be sure you have a trusted professional on your side. https://www.simplifyingthemarket.com/en/2020/07/24/a-real-estate-pro-is-more-helpful-now-than-ever-infographic/?a=492508-5792a6ba3fc4f971e5ea39a74a0ea948&utm_source=dlvr.it&utm_medium=blogger

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that […] https://www.simplifyingthemarket.com/en/2020/07/23/home-sales-hit-a-record-setting-rebound/?a=492508-5792a6ba3fc4f971e5ea39a74a0ea948&utm_source=dlvr.it&utm_medium=blogger

The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a […] https://www.simplifyingthemarket.com/en/2020/07/22/two-reasons-we-wont-see-a-rush-of-foreclosures-this-fall/?a=492508-5792a6ba3fc4f971e5ea39a74a0ea948&utm_source=dlvr.it&utm_medium=blogger