by Stig Bergquist | Jan 14, 2021 | Buyers & Sellers, Housing Market Updates
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the...
by Stig Bergquist | Jan 13, 2021 | Buyers & Sellers, Distressed Properties, Housing Market Updates
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are...
by Stig Bergquist | Jan 5, 2021 | Buyer, Housing Market Updates
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter...
by Stig Bergquist | Dec 31, 2020 | Buyers & Sellers, Housing Market Updates, Pricing
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence...
by Stig Bergquist | Dec 29, 2020 | Housing Market Updates, Interest Rates, Market Updates, Mortgage Rates
Throughout 2019 and 2020, housing inventory was at record lows. Despite the pandemic and high unemployment, home sales are outpacing new listings every month. Unless there are sellers forced to come to the market in 2021, this scenario should continue. The driving...
by Stig Bergquist | Dec 23, 2020 | Housing Market Updates, Move-Up Buyers, Pricing, Sellers
It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. Many needs have changed in 2020, and it’s okay to admit if your house no longer fits your...