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Housing Market Updates

Should We Fear the Surge in Cash-Out Refinances?

March 23, 2021 by Jeffrey B Thompson

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing ... » Learn More about Should We Fear the Surge in Cash-Out Refinances?

Filed Under: For Buyers, For Sellers, Housing Market Updates, Real Estate Tagged With: Real Estate, Simplifying The Market

Americans See Major Home Equity Gains [INFOGRAPHIC]

March 19, 2021 by Jeffrey B Thompson

Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity toward a down payment on the home of your ... » Learn More about Americans See Major Home Equity Gains [INFOGRAPHIC]

Filed Under: For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing, Real Estate Tagged With: Real Estate, Simplifying The Market

What Is the #1 Financial Benefit of Homeownership?

March 16, 2021 by Jeffrey B Thompson

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as part of the ... » Learn More about What Is the #1 Financial Benefit of Homeownership?

Filed Under: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Real Estate Tagged With: Real Estate, Simplifying The Market

Will the Housing Market Bloom This Spring?

March 11, 2021 by Jeffrey B Thompson

Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say about the housing market and how it ... » Learn More about Will the Housing Market Bloom This Spring?

Filed Under: For Buyers, For Sellers, Housing Market Updates, Interest Rates, New Construction, Pricing, Real Estate Tagged With: Real Estate, Simplifying The Market

6 Simple Graphs Proving This Is Nothing Like Last Time

March 10, 2021 by Jeffrey B Thompson

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that ... » Learn More about 6 Simple Graphs Proving This Is Nothing Like Last Time

Filed Under: Distressed Properties, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing, Real Estate Tagged With: Real Estate, Simplifying The Market

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Jeffrey B Thompson
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