About Pam Treece

This author has not yet filled in any details.
So far Pam Treece has created 1258 blog entries.

Why This Is a Great Year to Sell Your Vacation Home

By |2021-04-15T03:00:39-07:00April 15th, 2021|Categories: For Sellers, Housing Market Updates, Luxury Market, Real Estate|

As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The National Association of Home Builders (NAHB) reports: “Second homes (i.e., [...]

93% of Americans Believe a Home Is a Better Investment Than Stocks

By |2021-04-14T03:00:09-07:00April 14th, 2021|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Real Estate, Rent vs. Buy|

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment [...]

Some Buyers Prefer Smaller Homes

By |2021-04-13T03:00:38-07:00April 13th, 2021|Categories: For Buyers, For Sellers, Real Estate|

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature of the pandemic, through the health implications, social distancing, [...]

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

By |2021-04-12T03:00:13-07:00April 12th, 2021|Categories: Distressed Properties, Foreclosures, Housing Market Updates, Real Estate|

There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost 50% Leave Forbearance [...]

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

By |2021-04-09T03:00:27-07:00April 9th, 2021|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are [...]

Latest Jobs Report: What Does It Mean for You & the Housing Market?

By |2021-04-07T03:00:59-07:00April 7th, 2021|Categories: For Buyers, For Sellers, Housing Market Updates, New Construction, Real Estate|

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The [...]

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

By |2021-04-05T03:00:50-07:00April 5th, 2021|Categories: Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund. Using data from the Internal Revenue Service (IRS), it’s estimated that Americans [...]

Buyer Competition Is Good News for Sellers [INFOGRAPHIC]

By |2021-04-02T03:00:56-07:00April 2nd, 2021|Categories: For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Real Estate|

Some Highlights With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), on average, houses are receiving over four offers from buyers and [...]

There’s No Reason To Panic Over Today’s Lending Standards

By |2021-04-01T03:00:57-07:00April 1st, 2021|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance programs are causing [...]

How a Change in Mortgage Rate Impacts Your Homebuying Budget

By |2021-03-30T03:00:40-07:00March 30th, 2021|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased [...]