by Chuck Norsch | Jul 21, 2020 | For Buyers, For Sellers, Housing Market Updates
For 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...
by Chuck Norsch | Jul 20, 2020 | For Sellers, Housing Market Updates, Move-Up Buyers
Inventory 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...
by Chuck Norsch | Jul 16, 2020 | For Sellers, Move-Up Buyers
There’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...
by Chuck Norsch | Jul 14, 2020 | For Buyers, For Sellers, Housing Market Updates, Pricing
Last 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%...
by Chuck Norsch | Jul 9, 2020 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers
In today’s fast-paced world where answers are just a Google search away, there are some who may question the benefits of hiring a real estate professional when selling a house. The reality is, the addition of more information can lead to more confusion. A real estate...
by Chuck Norsch | Jul 8, 2020 | For Sellers
In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable...
