by Barbara Corregano | Jan 21, 2021 | Buyers & Sellers, Housing Market Updates
Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income....
by Barbara Corregano | Jan 14, 2021 | Buyers & Sellers, Housing Market Updates
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the...
by Barbara Corregano | Jan 13, 2021 | Buyers & Sellers, Distressed Properties, Housing Market Updates
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...
by Barbara Corregano | Jan 11, 2021 | Buyers & Sellers, Interest Rates, Move-Up Buyers, Pricing
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by...
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by Barbara Corregano | Jan 8, 2021 | Buyers & Sellers, Infographic
Some Highlights Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process. The right agent can explain current market conditions and break down exactly what they mean for you. If...
by Barbara Corregano | Dec 31, 2020 | Buyers & Sellers, Housing Market Updates, Pricing
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence...
