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Here’s why this housing downturn is nothing like the last one

Here’s why this housing downturn is nothing like the last one

by Third Party | Jun 21, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: CNBC —  As quickly as mortgage rates are rising, the once red-hot housing market is cooling off. Home prices are still historically high, but there is concern now that they will ease up as well. All of this has people asking: Is today’s housing market in...
Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

by Third Party | Jun 21, 2022 | Industry Updates, News/Current Events

Source: Keeping Current Matters —  Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still...
Housing’s Slowdown Has Economy on the Edge

Housing’s Slowdown Has Economy on the Edge

by Third Party | Jun 20, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Bloomberg —  For more than a year, we watched the scalding-hot housing market with a mix of alarm (anyone who was just thinking of buying or selling), horror (anyone already deep in the process) and caution (economists everywhere). Now? Historically low...
Hot Housing Market Keeps Home Foreclosures at Bay

Hot Housing Market Keeps Home Foreclosures at Bay

by Third Party | Jun 20, 2022 | Industry Updates, News/Current Events

Source: WSJ —    The U.S. moratorium on home foreclosures ended nearly a year ago, but the sizzling housing market is still protecting many delinquent mortgage borrowers from losing their homes. The pandemic that wiped out tens of millions of jobs in the spring...
4 Tips to Avoid Overpaying in Today’s Changing Housing Market

4 Tips to Avoid Overpaying in Today’s Changing Housing Market

by Third Party | Jun 20, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: Money —  Since the start of the coronavirus pandemic, homebuyers have grown accustomed to overpaying and playing a risky game of bidding wars and waived contingencies. In a recent survey by Money and Morning Consult, 36% of people who purchased a home in...
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