Will Surging Unemployment Crush Home Sales? Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial

How Technology Is Enabling the Real Estate Process 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 shiftin

Why Home Office Space Is More Desirable Than Ever 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 articl

Recession? Yes. Housing Crash? No. With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession, if it’s not in one already. What does that mean to the residential real estate market? What is a recession? According to

What You Can Do to Get Your House Ready to Sell [INFOGRAPHIC] Some Highlights: Believe it or not, there are lots of things you can do to prep your house for a sale without even going to the store.Your real estate plans don’t have to be completely on hold even while we’ve hit the pause button on othe

Think This Is a Housing Crisis? Think Again. With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it’s logical to ask that question. Many of us

What If I Need to Sell My Home Now? What Can I Do? Every day that passes, people have a need to buy and sell homes. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in a position where you need to se

Today’s Homebuyers Want Lower Prices. Sellers Disagree. The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even spar

How Technology is Helping Buyers Navigate the Home Search Process [INFOGRAPHIC] Some Highlights: A recent realtor.com survey revealed that buyers are still considering moving forward with the homebuying process, even if they can’t see the home in-person.While they still prefer to physically see a ho

The Pain of Unemployment: It Will Be Deep, But Not for Long There are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we normally would. Over 20 million people in the U.S. became instantl

Will This Economic Crisis Have a V, U, or L-Shaped Recovery? Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take

Uncertainty Abounds in the Search for Economic Recovery Timetable Earlier this 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 expectat

Keys to Selling Your House Virtually In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. Th

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, i

Today’s Expert Insight on the Housing Market [INFOGRAPHIC] Some Highlights According to Lawrence Yun, Chief Economist at NAR, home prices are forecasted to rise.Results from the Existing Home Sales Report note that home sales declined in March due to the coronavirus, but prices are still strong.Let’

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

Rise to the Top of the Pool by Selling Your House Today With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate a

Why the Housing Market Is 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 financi

How to Test-Drive a Neighborhood While Sheltering in Place [INFOGRAPHIC] Some Highlights Staying at home doesn’t mean your search for a new place needs to come to a standstill.Check out these tips on how to explore other neighborhoods virtually in the homebuying process. You may find a spot that bet

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