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Three Things to Understand About Unemployment Statistics

By |2020-06-04T03:00:09-07:00June 4th, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

Tomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe unemployment could be greater than 20%. These numbers represent families across the nation that are not sure when (or if) they will return to [...]

Home Prices: It’s All About Supply and Demand

By |2020-06-02T03:00:32-07:00June 2nd, 2020|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come. Making our way through the month of [...]

Why This Summer Is the 2020 Real Estate Season

By |2020-05-27T03:00:38-07:00May 27th, 2020|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Real Estate|

With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new [...]

Experts Predict Economic Recovery Should Begin in the Second Half of the Year

By |2020-05-21T03:00:14-07:00May 21st, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

One of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many economists indicate a recovery should begin to [...]

Housing Market Positioned to Bring Back the Economy

By |2020-05-19T03:00:11-07:00May 19th, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

All eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its recovery? There seems to be a growing consensus that the housing market is positioned to be that driving force, the tailwind that is necessary. [...]

Unemployment Report: No Need to Be Terrified

By |2020-05-12T03:00:40-07:00May 12th, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even higher. These numbers represent the extreme hardship so many families are experiencing right now. [...]

Why Home Equity Is a Bright Spark in the Housing Market

By |2020-05-06T03:00:14-07:00May 6th, 2020|Categories: For Sellers, Housing Market Updates, Real Estate|

Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as health care, food and grocery stores, retail, delivery, and more [...]

Confused About the Economic Recovery? Here’s Why.

By |2020-05-05T03:00:13-07:00May 5th, 2020|Categories: For Buyers, For Sellers, Housing Market Updates, Real Estate|

As we continue to work through the health crisis that plagues this country, more and more conversations are turning to economic recovery. While we look for signs that we’ve reached a plateau in cases of COVID-19, the concern and fear of what will happen as businesses open up again is on all of our minds. [...]