Here are some of the biggest misconceptions about today’s housing market and the facts. #1: WE’RE IN A HOUSING BUBBLE The Facts While today’s housing market is anything but normal, it’s not because of the same circumstances surrounding the housing bubble of the early 2000s that caused the crash. Back then, new construction single-family homes flooded […]
Read MoreHomeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded by […]
Read MoreA recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: A recession is […]
Read MoreAn open letter to sellers about today’s housing market This is a great takeaway on the current state of our market that I am sharing that was written by Ryan Lundquist. Dear Sellers, How are things? I hope all is well. It’s been such a crazy market, but things are starting to change. So, let’s chat. […]
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