In The News

As our lives, our businesses, and the world we live in change day by day,
we’re all left wondering how long this will last. How long will we feel the
effects of the coronavirus? How deep will the impact go?

The uncertainty the world faces today due to the COVID-19 pandemic is
causing so many things to change. The way we interact, the way we do
business, even the way we buy and sell real estate is changing.

If one of the questions you’re asking yourself is, “Should I sell my house
this year?” consumer sentiment about selling today should boost your
confidence in the right direction. Even with the current health crisis that
continues to challenge our nation, Americans still feel good about selling
a house. Here’s why.

You might be worried we’re heading for a housing crash, but there are many
reasons why this housing market isn’t like the one we saw in 2008. One of
which is how lending standards are different today. Here’s a look at the
data to help prove it. 

One of the major questions real estate experts are asking today is whether
prospective homebuyers still believe purchasing a home makes sense. Some
claim rapidly rising home prices are impacting demand and, by extension,
leading to the recent slowdown in sales activity.

Headlines matter. Right now, it’s hard to read about real estate without
seeing a headline that suggests homes have become unaffordable for most
Americans.

’s because some only consider the fact that residential real estate prices
have continued to appreciate. However, we must realize it’s not just the
price of a home that matters, but the price relative to a purchaser’s
buying power.

There is a lot of uncertainty regarding the real estate market heading into
2019. That uncertainty has raised concerns that we may be headed toward
another housing crash like the one we experienced a decade ago.

Here are four reasons why today’s market is much different

They’re the generation of people born between the 1980s to early 2000s, or
also called the Generation Y. Many stereotypes have influenced how they
have been viewed by the public, including the typical assumptions that they
jump from one job to another, that they couldn’t even save for a down
payment, or that they overspend.

With all of the volatility in the stock market and uncertainty about the
Coronavirus (COVID-19), some are concerned we may be headed for another
housing crash like the one we experienced from 2006-2008.