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![Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC]](https://hodgesrealestateservices.com/wp-content/uploads/2020/07/20200730-KCM-Share-1-549x300-1.jpg){kind=small}
Some Highlights: The housing market is forecasted to finish the year with growing strength. Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise. If you’re thinking of buying or selling a home this year, let’s connect to maximize your opportunity today. Content previously posted on Keeping Current […]
Where Is the Housing Market Headed for the Rest of 2020? Read More »
As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend
Will We See a Surge of Homebuyers Moving to the Suburbs? Read More »
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
Homeownership Rate Continues to Rise in 2020 Read More »
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
Guidance and Support Are Key When Buying Your First Home Read More »
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
Three of the Latest Reports Show Housing Market Is Strong Read More »
![A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC]](https://hodgesrealestateservices.com/wp-content/uploads/2020/07/20200724-KCM-Share-549x300-1.jpg){kind=small}
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
A Real Estate Pro Is More Helpful Now than Ever Read More »
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
Home Sales Hit a Record-Setting Rebound Read More »
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,
A Remarkable Recovery for the Housing Market Read More »
![Mortgage Rates Fall Below 3% [INFOGRAPHIC]](https://hodgesrealestateservices.com/wp-content/uploads/2020/07/20200717-Share-571x300-1.jpg){kind=small}
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 home ownership.
Mortgage Rates Fall Below 3% Read More »
Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does this mean for buyers? This is
Mortgage Rates Hit Record Lows for Three Consecutive Weeks Read More »
