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Monthly Archives: August 2020

    Should You Buy an Existing Home or New Construction?

    By Jona Olvido | August 31, 2020

    Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at from the pros and cons... Read More

    Builders & Realtors Agree: Real Estate Is Back

    By Jona Olvido | August 31, 2020

    When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite is taking place. After the... Read More

    The Top Reasons People Are Moving This Year

    By Jona Olvido | August 25, 2020

    Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home. According to Zillow: “In 2020, homes went from the... Read More

    Forbearance Numbers Are Lower than Expected

    By Jona Olvido | August 21, 2020

    Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely.... Read More

    Just How Strong Is the Housing Recovery?

    By Jona Olvido | August 20, 2020

    The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of the real... Read More

    These Are the Most Shared Real Estate Videos This Year

    By Jona Olvido | August 19, 2020

    As technology evolves, more and more platforms are becoming video-based. Even Mark Zuckerberg, the founder of Facebook, believes that video is the future of social media. The fact is, if you’re looking to reach your audience, really reach them, video is the best medium to make sure your message sticks. According to Hubspot, 81% of... Read More

    How Is Remote Work Changing Homebuyer Needs?

    By Jona Olvido | August 19, 2020

    With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? Would... Read More

    Sellers Are Returning to the Housing Market

    By Jona Olvido | August 18, 2020

    In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research at, explains: “Seller confidence has... Read More

    The Beginning of an Economic Recovery

    By Jona Olvido | August 17, 2020

    The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what it means relative to the... Read More

    Homes Are More Affordable Right Now Than They Have Been in Years

    By Jona Olvido | August 14, 2020

    Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report from Black Knight: “While home... Read More