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Current Buyer & Seller Perks in the Housing Market

Current Buyer & Seller Perks in the Housing Market | Simplifying The MarketToday’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: […]

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The Latest Unemployment Report: Slow and Steady Improvement

The Latest Unemployment Report: Slow and Steady Improvement | Simplifying The MarketLast Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were added, and […]

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The Latest Unemployment Report: Slow and Steady Improvement

The Latest Unemployment Report: Slow and Steady Improvement | Simplifying The MarketLast Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were added, and […]

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2020 Homebuyer Preferences [INFOGRAPHIC]

2020 Homebuyer Preferences [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers.
  • Many buyers are accelerating their timelines to take advantage of low mortgage rates and staying home has enabled some to save more money to put toward a down payment.
  • Let’s connect today if your needs have recently changed and you’re ready to make a move this year.
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How Is Remote Work Changing Homebuyer Needs?

How Is Remote Work Changing Homebuyer Needs? | Simplifying The MarketWith more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? […]

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Why Homeowners Have Great Selling Power Today

Why Homeowners Have Great Selling Power Today | Simplifying The MarketWe’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house becomes increasingly desirable. […]

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Today’s Buyers Are Serious about Purchasing a Home

Today’s Buyers Are Serious about Purchasing a Home | Simplifying The MarketToday’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply […]

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Experts Weigh-In on the Remarkable Strength of the Housing Market

Experts Weigh-In on the Remarkable Strength of the Housing Market | Simplifying The MarketAmerica has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential […]

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Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC]

Some Highlights:

The housing market is forecasted to finish the year with growing strength.
Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise.
If you’re thinking of buying or selling a home t…

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Will We See a Surge of Homebuyers Moving to the Suburbs?

Will We See a Surge of Homebuyers Moving to the Suburbs? | Simplifying The MarketAs 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 outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend […]

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Homeownership Rate Continues to Rise in 2020

Homeownership Rate Continues to Rise in 2020 | Simplifying The MarketSo far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership […]

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Guidance and Support Are Key When Buying Your First Home

Guidance and Support Are Key When Buying Your First Home | Simplifying The MarketIn 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 the heart of the pandemic period and the surge in unemployment—and is […]

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Three of the Latest Reports Show Housing Market Is Strong

Three of the Latest Reports Show Housing Market Is Strong | Simplifying The MarketThe 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 Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall […]

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A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC]

Some Highlights

A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis.
Expertise and professionalism are highly valued and can save buyers and sellers time and effor…

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Home Sales Hit a Record-Setting Rebound

Home Sales Hit a Record-Setting Rebound | Simplifying The MarketWith 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 of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that […]

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Two Reasons We Won’t See a Rush of Foreclosures This Fall

Two Reasons We Won’t See a Rush of Foreclosures This Fall | Simplifying The MarketThe 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 laid off or furloughed. Naturally, that would lead many to believe we might see a […]

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A Remarkable Recovery for the Housing Market

A Remarkable Recovery for the Housing Market | Simplifying The MarketFor months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, […]

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Thinking of Selling Your House? Now May be the Right Time

Thinking of Selling Your House? Now May be the Right Time | Simplifying The MarketInventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total […]

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Mortgage Rates Fall Below 3% [INFOGRAPHIC]

Some Highlights

Mortgage rates hit another all-time low, falling below 3% this week.
If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment.
Let’s connect today to determine your best next steps t…

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Does Your Home Have What Buyers Are Looking For?

Does Your Home Have What Buyers Are Looking For? | Simplifying The MarketThere’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com: “Sellers continue returning to the market at a cautious pace […]

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Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Mortgage Rates Hit Record Lows for Three Consecutive Weeks | Simplifying The MarketOver the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does this mean for buyers? This is […]

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What Are Experts Saying about Home Prices?

What Are Experts Saying about Home Prices? | Simplifying The MarketLast week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6% drop in the HPI by May 2021, which would be the first […]

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Buyers: Are You Ready for a Bidding War?

Buyers: Are You Ready for a Bidding War? | Simplifying The MarketWith businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few houses for sale right now, there’s a […]

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Americans Rank Real Estate Best Investment for 7 Years Running [INFOGRAPHIC]

Americans Rank Real Estate Best Investment for 7 Years Running [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years.
  • The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy faces today.
  • Of the four listed, real estate is also the only investment you can also live in. That’s a big win!
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