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Homeownership Rate Continues to Rise in 2020

Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Interest RatesBy RobbyJuly 29, 2020

So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership…

Guidance and Support Are Key When Buying Your First Home

First Time Home Buyers, For Buyers, Interest RatesBy RobbyJuly 28, 2020

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is…

Three of the Latest Reports Show Housing Market Is Strong

For Buyers, For Sellers, Housing Market UpdatesBy RobbyJuly 27, 2020

The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall…

A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC]

For Buyers, For Sellers, InfographicsBy RobbyJuly 24, 2020

Some Highlights A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis. Expertise and professionalism are highly valued and can save buyers and sellers time and effort along the way. If you’re thinking of buying or selling a home this…

Home Sales Hit a Record-Setting Rebound

For Buyers, For Sellers, Housing Market UpdatesBy RobbyJuly 23, 2020

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that…

Two Reasons We Won’t See a Rush of Foreclosures This Fall

Foreclosures, Housing Market UpdatesBy RobbyJuly 22, 2020

The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a…

A Remarkable Recovery for the Housing Market

For Buyers, For Sellers, Housing Market UpdatesBy RobbyJuly 21, 2020

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 mortgage rates driving high demand from potential buyers,…

Thinking of Selling Your House? Now May be the Right Time

For Sellers, Housing Market Updates, Move-Up BuyersBy RobbyJuly 20, 2020

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 Home Sales Report from the National Association of Realtors (NAR), total…

Mortgage Rates Fall Below 3% [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Interest Rates, Move-Up BuyersBy RobbyJuly 17, 2020

Some Highlights Mortgage rates hit another all-time low, falling below 3% this week. If you’re ready to buy a home, now is a great time to truly get more for your money at this historic moment. Let’s connect today to determine your best next steps toward homeownership.

Does Your Home Have What Buyers Are Looking For?

For Sellers, Move-Up BuyersBy RobbyJuly 16, 2020

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 realtor.com: “Sellers continue returning to the market at a cautious pace…

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Robby Dearth, REALTOR 2020
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