As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This abundant caution has greatly impacted ... » Learn More about Are You Ready for the Summer Housing Market?
Archives for June 2020
The Expert Economic Recovery Forecast
According to the WSJ, 85.3% of economists believe an economic recovery will begin in the second half of 2020. Let's connect to discuss how the expert forecast may influence your plans in the housing market this year. ... » Learn More about The Expert Economic Recovery Forecast
Is a Recession Here? Yes. Does that Mean a Housing Crash? No.
On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, ... » Learn More about Is a Recession Here? Yes. Does that Mean a Housing Crash? No.
Real Estate Will Lead the Economic Recovery
With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work and the financial ... » Learn More about Real Estate Will Lead the Economic Recovery
The Shocking News in the Unemployment Report
Last Friday, the U.S. Bureau of Labor Statistics released their May Employment Situation Summary. Leading up to the release, most experts predicted the unemployment rate would jump up to approximately 20% from the 14.7% rate announced last month. The experts were shocked. The Wall Street Journal put ... » Learn More about The Shocking News in the Unemployment Report
