by Brandon Lamar | Jul 7, 2020 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their...
by Brandon Lamar | Jul 6, 2020 | For Buyers, For Sellers, Housing Market Updates
The Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,074,000 jobs to be added in June. The report revealed that 4,800,000 jobs were...
by Brandon Lamar | Jul 2, 2020 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers
The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way...
by Brandon Lamar | Jul 1, 2020 | For Buyers, For Sellers, Housing Market Updates
Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so...
by Brandon Lamar | Jun 30, 2020 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the housing market positioned to lead the way out...
by Brandon Lamar | Jun 29, 2020 | For Buyers, For Sellers, Housing Market Updates
One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their...
