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, ...
Posted by Hank Greer on June 15, 2021
Why This Is Not Like 2008 Again
During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove ...
Posted by Hank Greer on June 10, 2021
Home Price Appreciation Is as Simple as Supply and Demand
Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is ...
Posted by Hank Greer on June 9, 2021
Where Do Experts Say the Housing Market Is Heading?
As we enter the middle of 2021, many are wondering if we'll see big changes in the housing market during the second half of this year. Here's a look ...
Posted by Hank Greer on May 25, 2021
Experts Say Home Prices Will Continue to Appreciate
It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a ...
Posted by Hank Greer on May 14, 2021
Are Interest Rates Expected to Rise Over the Next Year?
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there's a ...
Posted by Hank Greer on May 6, 2021
Is Home Price Appreciation Accelerating Again?
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last ...
Posted by Hank Greer on April 30, 2021
Will the Housing Market Maintain Its Momentum?
Last week's Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the ...
Posted by Hank Greer on April 27, 2021
This Isn't a Bubble. It's Simply Lack of Supply.
In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed ...
Posted by Hank Greer on April 26, 2021
Don't Be Fooled by Remarkable Real Estate Headlines
Don't be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June)....
Posted by Hank Greer on April 22, 2021
4 Major Reasons Households in Forbearance Won't Lose Their Homes to Foreclosure
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of ...
Posted by Hank Greer on April 12, 2021
Latest Jobs Report: What Does It Mean for You & the Housing Market?
Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in ...
Posted by Hank Greer on April 7, 2021
There's No Reason To Panic Over Today's Lending Standards
Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors ...
Posted by Hank Greer on April 1, 2021
Should We Fear the Surge in Cash-Out Refinances?
Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar ...
Posted by Hank Greer on March 24, 2021
Will the Housing Market Bloom This Spring?
Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it's certain to be ...
Posted by Hank Greer on March 11, 2021
6 Simple Graphs Proving This Is Nothing Like Last Time
Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic....
Posted by Hank Greer on March 10, 2021
How Upset Should You Be about 3% Mortgage Rates?
Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news ...
Posted by Hank Greer on March 9, 2021
Home Prices: What Happened in 2020? What Will Happen This Year?
The real estate market was on fire during the second half of 2020. Buyer demand was up, and the supply of homes available for sale hit record lows. ...
Posted by Hank Greer on March 2, 2021