New Index Reveals Impact of COVID-19 on Real Estate
New Index Reveals Impact of COVID-19 on Real Estate Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted...
What Are the Experts Saying About Future Home Prices?
What Are the Experts Saying About Future Home Prices?A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting...
Utah Homebuyers Are in the Mood to Buy Today
Homebuyers Are in the Mood to Buy TodayAccording to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a...
Top Reasons to Own a Home in 2020
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Want to Make a Move? Homeowner Equity is Growing Year-Over-Year
Want to Make a Move? Homeowner Equity is Growing Year-Over-YearOne of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights...
Three Reasons Homebuyers Are Ready to Purchase In 2020
Three Reasons Homebuyers Are Ready to Purchase This YearA recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health...
Real Estate Tops Best Investment Poll for 7th Year Running
Real Estate Tops Best Investment Poll for 7th Year RunningEvery year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or...
How Did Covid-19 pandemic affect Salt Lake County home sales
How did the Covid-19 pandemic affect Salt Lake County home sales? In April, sales of all housing types fell to an eight-year low, and were down 28 percent compared to April 2019. The silver lining? Deferred spring home sales are now being realized as the market...
Are You Ready for the Summer Housing Market?
Are You Ready for the Summer Housing Market? As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the...
Is a Recession Here? Yes. Does that Mean a Housing Crash? No.
Is a Recession Here? Yes. Does that Mean a Housing Crash? No. On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way:...
Real Estate Will Lead the Economic Recovery
Real Estate Will Lead the Economic RecoveryWith more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the...
Unemployment Report Blows Away Skeptics
Unemployment Report Blows Away Skeptics Last Friday, the U.S. Bureau of Labor Statistics released their May Employment Situation Summary. Leading up to the release, most experts predicted the unemployment rate would jump up to approximately 20% from the 14.7% rate...
June is National Homeownership Month
National Homeownership Month Some Highlights National Homeownership Month is a great time to reflect on how we can each promote stronger community growth. Homeownership helps families build financial freedom, find greater happiness and satisfaction, and make a...
The Expert Economic Recovery Forecast
10 Questions to Ask an Elder Law Attorney
10 Questions to Ask an Elder Law Attorney Elder law attorneys cover a wide variety of legal areas, potentially including guardianship, long-term care planning, knowledge of government benefit programs, powers of attorney, estate planning, advance medical directives,...
Three Things to Understand About Unemployment Statistics
Three Things to Understand About Unemployment StatisticsTomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe...
Home Prices: It’s All About Supply and Demand
Home Prices: It’s All About Supply and Demand As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and...
The Benefits of Homeownership May Reach Further Than You Think
The Benefits of Homeownership May Reach Further Than You Think More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens...
Pandemic Mortgage Relief
Clients who are struggling financially because of the pandemic may look to you for advice if they can’t pay their mortgage.Keep up on mortgage relief options, so you’re prepared to guide them to appropriate resources.For instance, thanks to the Coronavirus Aid,...
Top Reasons to Own Your Home
Economists Forecast Recovery to Begin in the Second Half of 2020
Economists Forecast Recovery to Begin in the Second Half of 2020With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin...
Buying or Selling a Home? You Need an Expert Kind of Guide
Buying or Selling a Home? You Need an Expert Kind of GuideIn a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn...
We Remember & Honor Those Who Gave All
We Remember & Honor Those Who Gave All We remember, today and always.
Interest Rates Hover Near Historic All-Time Lows
Interest Rates Hover Near Historic All-Time LowsSome HighlightsMortgage interest rates have dropped considerably this spring and are hovering at a historically low level.Locking in at a low rate today could save you thousands of dollars over the lifetime of your home...