by Chuck Norsch | Oct 22, 2020 | For Buyers, For Sellers, Pricing
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the...
by Chuck Norsch | Oct 20, 2020 | For Buyers, For Sellers, Housing Market Updates
The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to...
by Chuck Norsch | Oct 19, 2020 | For Buyers, For Sellers, Housing Market Updates, Pricing
The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the...
![How to Prepare for a Bidding War [INFOGRAPHIC]](https://secureservercdn.net/198.71.233.214/668.73c.myftpupload.com/wp-content/uploads/2020/10/20201016-KCM-Share-549x300-1.png?time=1603483509)
by Chuck Norsch | Oct 16, 2020 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the...
by Chuck Norsch | Oct 14, 2020 | For Buyers, For Sellers, Housing Market Updates, New Construction, Pricing
Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: “Since hitting a low point during the initial stages of the pandemic, the only...
by Chuck Norsch | Oct 13, 2020 | Buying Myths, Down Payments, For Buyers, Millennials, Pricing
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2Homes mentions that...
