One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may finally be in sight.
In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes: “It will be one of the best winter sales years ever.”
Challenges associated with the current health crisis has many wondering what impact the economic slowdown will have on home prices.
Many economists indicate a recovery should begin to happen in the second half of this year. Here’s a look at what some of the experts have to say.
Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth
Both mortgage interest rates and home prices are projected to rise throughout 2019. If you plan on buying a home this year, the time is now!
Are you looking to refinance? If you want to get a second mortgage so you can make renovations to your home, it can be difficult if you have poor credit. A second mortgage can use a home’s equity as collateral for a second home loan, allowing up to 80 percent of a home’s value to …