How Down Payment Assistance Opens the Door to Homeownership
Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership.…
6 NEW HOME DESIGN TRENDS FOR 2020
1. Formal Dining Rooms are Back! Bold patterns and colors are in! And homeowners are applying them to their dining rooms. The dining room doesn't have to be only for holidays anymore. Homeowners are bringing artwork and beautiful light fixtures to…
Why Today’s Options Will Save Homeowners from Foreclosure
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end.Some originally forecasted that up…
Americans Are Gaining Confidence in the Economy
The September Jobs Reportissued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to…
Just How Strong Is the Housing Recovery?
The residential real estate market has been shining a light on this country’s current economic situation. All-time low mortgage rates have caused the housing market to push forward through this major health crisis. Let’s look at two reasons for the…
Two Reasons We Won’t See a Rush of Foreclosures This Fall
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…
Home Sales Hit a Record-Setting Rebound
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…
Three of the Latest Reports Show Housing Market Is Strong
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…
Guidance and Support Are Key When Buying Your First Home
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…
Will We See a Surge of Homebuyers Moving to the Suburbs?
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…