As the housing market continues to evolve, recent data from the National Association of Realtors (NAR) reveals some intriguing trends that both home buyers and sellers can leverage to their advantage. While it may seem challenging at first glance, understanding the nuances of the current market can turn potential obstacles into unique opportunities. A Buyer’s […]
Are you in the market for a new home and searching for the right mortgage partner to guide you through the process? Look no further than SouthShore Region Mortgage – your local expert committed to making your homeownership dreams a reality. Choosing us for your new home loan comes with a host of benefits that […]
Mortgage Rates Will Come Down, It’s Just a Matter of Time This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed […]
Are We in a Housing Bubble? Experts Say No. The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based […]
Hope Is on the Horizon for Today’s Housing Shortage The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates […]
Don’t Let Frightening Headlines Scare You There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from the mainstream media to a lone blogger – has […]
Impact of the Coronavirus on the U.S. Housing Market The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around […]
