With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate. Joel Kan, Economist at The Mortgage Bankers Association (MBA) notes: “Applications for home purchases continue to recover from April’s sizable drop and have nowRead More

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 the economy to fully recover?  Let’s look at the possibilities. Here are the three types of recoveries that follow most economic slowdowns (the definitions are from the financial glossary at Market Business News):Read More

Just a few weeks ago before the grass and leaves began to turn green, we were called to list a home.  It was actually the week of Christmas when the real estate activity was at the slowest period.  The sellers were very anxious to sell; wife decided she no longer loved the home and was ready to move YESTERDAY. We knew this was going to be a tall order, so I decided that I had to doRead More

In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any situation. With concerns of a global recession on everyone’s minds today, it’s important to take an objective look at whatRead More

While enjoying breakfast out with a client this week, another real estate agent stopped by our table to chat a minute.  During the conversation, he laughed and said “that house I showed still has one of those land-lines that they use.” My husband laughed with him and pointed at me and said “we have one of those too that my wife uses.”  Then I got the last laugh when I informed both of them thatRead More