Real estate markets are a largely local phenomenon, and to figure them out it's important to know what to pay attention to out there, and what to just ignore. In today's wide ranging post we're going to talk about the relevant numbers both in comparative and absolute terms and touch on financing and [...]
Real Estate: A Port in the Storm! I have blogged extensively about how well the real estate market has been holding up in our region. Here's an excellent article about some of the underlying reasons for that. Look for my regular posts that discuss up to the date information on the local market [...]
It might be time to re-fi! With all that's going on with this disruption of our lives things like paying attention to your mortgage rate might be something that slides to the back burner. However, in particular for conforming loans (up to $510,400) we are near or at historic lows so it might [...]
A Peek Behind the Mortgage Curtain Here is a great article that does a good basic job of explaining why who you make your mortgage payment to keeps changing. It's particularly instructive now because it explains briefly why the massive surge of mortgage forbearance's is threatening the stability of the mortgage market. The [...]
House Hunting on Your Terms I've been getting lots of calls from past and current clients asking me about the state of the market, how business is being conducted in the altered environment and how that impacts them as home buyers and sellers. The short answer is I'm meeting people at the level [...]
The Future is Now on house hunting While there is no substitute for driving a neighborhood in person and putting your own two feet in a property you are interested in, there are abundant tools out there to help you lay the groundwork for choosing a community to move into and to help [...]
A Different Spring Market Hopefully, you and your loved ones are staying safe and healthy during these unprecedented times. As previously mentioned, real estate is considered an essential business and as such, we have adapted to new ways of conducting business. Yes, homes are being purchased, sold, and leased – people need shelter. [...]
Time to share some up to the minute information on what has happened since the start of the second quarter in the local real estate market. Things have really changed in the last month as the progression of the virus has altered our behaviors and as economic activity responded to the Governor shutting [...]