Bringing you Real Estate Tips, Info and News
Category: Uncategorized
When a person retires, their bills and other monetary needs don't retire with them. With today's economic situations, some people reach old age without savings or investments, which they can use for their latter days. Fortunately, most of these adults have an asset that they can use to get a lump sum of money for … Continue reading What is a reverse home mortgage?
Historians like to say that those who do not learn the lessons of the past are doomed to repeat them. In the real estate industry, the chances of that happening are slim because agents and other professionals follow market trends closely. That being said, a careful examination of 2017 market trends and other factors can … Continue reading 3 Generations Top Housing Market Trends
As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is headed. But what do these terms mean? The housing market today is anything but normal, and it’s still … Continue reading What Do Past Years Tell Us About Today’s Real Estate Market?
Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a 6-month supply. That places today’s market firmly in the sellers’ market category. … Continue reading Sellers: Your House Could Be an Oasis for Buyers Seeking More Options
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay … Continue reading Will Forbearance Plans Lead to a Tsunami of Foreclosures?
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay … Continue reading Will Forbearance Plans Lead to a Tsunami of Foreclosures?
The Real Estate Edge 