Housing Market Update
Advisors Family
June 01, 2020
New Home Sales were up 0.6% for the month of April. This report measures signed contracts on new homes. Year-over-year, sales were down 6.2%. The median home price was released […]
Housing Demand Heating Up
Advisors Family
May 25, 2020
Obviously, COVID-19 has had an impact on the housing market and has created new challenges for potential home buyers to effectively locate and purchase their dream home. It appears, however, […]
Demand for Homes
Advisors Family
May 18, 2020
CoreLogic released their Home Price Index (HPI) showing that homes increased in price by 4.5% from March of 2019 to March of 2020. It also showed that prices increased by […]
Covid and It’s Impact on The Industry
30 Second Market Update
May 11, 2020
COVID-19 has obviously had a major impact on businesses and industries all over the world. This impact will also shape how these very same businesses and industries evolve and adapt […]
Housing Market Update
Advisors Family
May 04, 2020
The National Association of Realtors (NAR) has released their monthly Pending Home Sales report for the month of March. This report was partially pre-coronavirus, but the data showed that contracts […]
Zillow Reports Large Online Spike in Viewer Traffic
30 Second Market Update
April 27, 2020
Due to Covid-19, there are obvious challenges to both people looking to sell and buy homes. In normal times, sellers would be looking to take advantage of the typically robust […]
The Coronavirus Effect on Housing
Advisors Family
April 20, 2020
2020 started as the healthiest year for home sales in history. We’ve relayed the great appreciation rates coming from CoreLogic, where they even indicated annual forecasts of appreciation near 4-5%, […]
Conventional Loans with ONLY 3% Down
30 Second Market Update
April 13, 2020
As an alternative to Federal Housing Authority’s (FHA) 3.5% down payment minimum requirement program, Fannie Mae and Freddie Mac have their own low, down payment loan products requiring only a […]
Jobless Claims and Loan Forbearance
Advisors Family
April 06, 2020
The initial Jobless Claims report came out last week, indicating almost 10 million individuals claimed unemployment over the last two weeks. Sadly, we know that this number will continue to […]
Fannie Mae/Freddie Mac/HUD/VA Provide Alternatives to Traditional Appraisals
30 Second Market Update
March 30, 2020
Due to the outbreak of the coronavirus, the Federal Housing Finance Agency (FHFA) instructed both Fannie Mae and Freddie Mac to create alternative solutions for home appraisals. The U.S. Department […]
Message from the Desk of Steven Meyer
Advisors Family
March 23, 2020
First and foremost, I wish for everyone who is reading this to maintain their health and safety. Keeping our families, friends, business partners and clients safe is our number one […]
The Fed and Interest Rates
Advisors Family
March 16, 2020
On March 13th, the Federal Open Market Committee lowered its benchmark funds rate to a range of 0% to 0.25%, down from 1.00% to 1.25%. This “cut” was announced irregularly […]
