U.S. Homeownership Rate Rises to Highest Point in 8 Years

U.S. Homeownership Rate Rises to Highest Point in 8 Years | Simplifying The MarketFor nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down and spending time […]

Read More

How to Test-Drive a Neighborhood While Sheltering in Place [INFOGRAPHIC]

Some Highlights

Staying at home doesn’t mean your search for a new place needs to come to a standstill.
Check out these tips on how to explore other neighborhoods virtually in the homebuying process. You may find a spot that better suits your needs …

Read More

Why the Housing Market Is a Powerful Economic Driver

Why the Housing Market Is a Powerful Economic Driver | Simplifying The MarketWith businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. Today, many analysts believe one of the […]

Read More

Buying a Home Right Now: Easy? No. Smart? Yes.

Buying a Home Right Now: Easy? No. Smart? Yes. | Simplifying The MarketThrough all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed: “The March ShowingTime Showing […]

Read More

Rise to the Top of the Pool by Selling Your House Today

Rise to the Top of the Pool by Selling Your House Today | Simplifying The MarketWith the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers. Lawrence Yun, […]

Read More

What Impact Might COVID-19 Have on Home Values?

What Impact Might COVID-19 Have on Home Values? | Simplifying The MarketA big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand, which is how many items are available in […]

Read More

Today’s Expert Insight on the Housing Market [INFOGRAPHIC]

Some Highlights

According to Lawrence Yun, Chief Economist at NAR, home prices are forecasted to rise.
Results from the Existing Home Sales Report note that home sales declined in March due to the coronavirus, but prices are still strong.
Let’s conn…

Read More

Uncertainty Abounds in the Search for Economic Recovery Timetable

Uncertainty Abounds in the Search for Economic Recovery Timetable | Simplifying The MarketEarlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic recoveries to support that expectation. In addition, we noted how there are some in the business community who believe we may instead be headed for a U-shaped […]

Read More

Keys to Selling Your House Virtually

Keys to Selling Your House Virtually | Simplifying The MarketIn a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. The question is, […]

Read More

Will This Economic Crisis Have a V, U, or L-Shaped Recovery?

Will This Economic Crisis Have a V, U, or L-Shaped Recovery? | Simplifying The MarketMany American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take the economy to fully recover? Let’s look at the possibilities. Here […]

Read More