In-The-Know Real Estate Blog

In-The-Know Real Estate Blog U.S. Homeownership Rate Rises to Highest Point in 8 Years For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down and spending time […]
In-The-Know Real Estate Blog Why Home Equity Is a Bright Spark in the Housing Market 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 […]
In-The-Know Real Estate Blog The Housing Market: A Powerful Economic Driver With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. Today, many analysts believe one of the first things […]
In-The-Know Real Estate Blog What Impact Might COVID-19 Have on Home Values? A big challenge facing the housing industry is determining what impact the current pandemic may have on home values.  Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand, which is how many items are available in relation to […]
In-The-Know Real Estate Blog Buying a Home Right Now: Easy? No. Smart? Yes. Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not.  According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed: “The March ShowingTime Showing Index® […]
In-The-Know Real Estate Blog The Search for Our Economic Recovery Timetable Last week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic recoveries to support that expectation. In addition, we noted how there are some in the business community who believe we may instead be headed for a U-shaped recovery, where […]
In-The-Know Real Estate Blog What Shape of Curve Will We Be Looking At?? Many American businesses have been put on hold as the country handles with the worst pandemic in over one hundred years.  As the states are deciding on the best strategy for slowly the spread of the virus and safely reopening, the big question is: How long will it take the economy to fully recover? Let’s […]
In-The-Know Real Estate Blog Office Space… a Hot Commodity in Today’s Homes For years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise you: home offices. In a recent article by George Ratiu, Senior Economist with realtor.com, he notes how listings with an office are selling quickly: “As more companies […]
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In-The-Know Real Estate Blog Technology at Work… Navigating the World of Virtual Real Estate Today’s everyday reality is pretty different than it looked just a few weeks ago. We’re learning how to do a lot of things in new ways, from how we work remotely to how we engage with our friends and neighbors. Almost everything right now is shifting to a virtual format. One of the big changes […]
In-The-Know Real Estate Blog The Pre-Sell Punch List. Preparing Your Home for Sale. So you’re cooped up at the house during the stay-at-home orders, and are looking for something productive to do?  If you are planning to sell your home, there are no excuses.  It’s time to whip it into shape for showings and getting top dollar when it hits the market.  Below is a helpful guide you […]
In-The-Know Real Estate Blog What the Experts are Saying: Looking to the Future As our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last.  How long will we feel the effects of COVID-19?  How deep will the impact go?  The human toll may forever change families, but experts and business owners anticipate the economic impact […]
In-The-Know Real Estate Blog The #1 Misconception in the Home Buying Process After over a year of moderating home prices across the US, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article: “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned […]
In-The-Know Real Estate Blog How the Housing Market Benefits with Uncertainty in the World It’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward. As an example, in Vanguard’s Global Outlook for 2020, the fund explains, “Slowing global […]
In-The-Know Real Estate Blog 3 Reasons Why Pre-Approval is the 1st Step in Your Home Buying Journey When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.”  The advantage tips toward the seller when the home is priced at or near market value, and as low inventory heats up, so too does the competition among those searching for a place to […]
In-The-Know Real Estate Blog 3 Most Important Steps to Selling Your House If you’re planning to sell your home in the near future, and want to sell it as quickly as possible at the highest price possible, we strongly recommend following these 3 Most Important Steps: 1.  Make Repairs/Maintain:  Examine every inch of your house and look for things that need to be repaired or replaced.  You […]
In-The-Know Real Estate Blog 7 Reasons to List Your House This Holiday Season Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be the […]
In-The-Know Real Estate Blog Talk of Recession… Ok to Invest in Real Estate? The following post was written by Julien Leclair-Dionne, Forbes Councils Member, on Oct. 25, 2019 (Forbes.com)  Julien LeClair-Dionne is a successful real estate investor, coach, broker and founder of HomeFluent, a technology-driven real estate company.   One of the questions I’ve been receiving the most often over the last year is, “Is now a good […]
In-The-Know Real Estate Blog 3 Reasons This is NOT the 2008 Real Estate Market No one knows for sure when the next recession will occur. What is known, however, is that the “talked about” upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, […]
In-The-Know Real Estate Blog The Ins and Outs of Private Mortgage Insurance (PMI) Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI). So… […]
In-The-Know Real Estate Blog 4 Reasons to Buy a Home This Summer Here are four reasons to consider buying today instead of waiting: 1.  Prices will likely continue to rise. CoreLogic’s latest U.S. Home Price Insights reports that home prices have appreciated by 3.7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year. Home values […]