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Confused About the Economic Recovery? Here’s Why.
Confused About the Economic Recovery? Here’s Why.As we continue to work through the health crisis that plagues this country, more and more conversations are turning to economic recovery. While we look for signs that we’ve reached a plateau in cases of COVID-19, the...
U.S. Homeownership Rate Rises to Highest Point in 8 Years
U.S. Homeownership Rate Rises to Highest Point in 8 YearsFor nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many...
The 3 Sciences That Are Driving Today’s Expert Economic Projections
Why the Housing Market Is a Powerful Economic Driver?
Why the Housing Market Is a Powerful Economic Driver?With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned...
Buying a Home Right Now: Easy? No. Smart? Yes.
Buying a Home Right Now: Easy? No. Smart? Yes.Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry's leading showing management technology provider,...
Rise to the Top of the Pool by Selling Your House Today
Rise to the Top of the Pool by Selling Your House Today With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most...
What Impact Might COVID-19 Have on Home Values?
What Impact Might COVID-19 Have on Home Values?A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy.The...
New Technology Is Powering the Real Estate Process
Technology Is Powering the Real Estate Process Technology is the driving force behind many of today's real estate transactions. Let’s connect to discuss how working together to go digital can give you an edge when buying or selling your home.
Uncertainty Abounds in the Search for Economic Recovery Timetable
Uncertainty Abounds in the Search for Economic Recovery TimetableEarlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic...
Keys to Selling Your House Virtually
Keys to Selling Your House VirtuallyIn a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable,...
Will This Economic Crisis Have a V, U, or L-Shaped Recovery?
Will This Economic Crisis Have a V, U, or L-Shaped Recovery?Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big...
The Pain of Unemployment: It Will Be Deep, But Not for Long
The Pain of Unemployment: It Will Be Deep, But Not for LongThere are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we normally would. Over 20 million...
How Technology is Helping Buyers Navigate the Home Search Process
How Technology is Helping Buyers Navigate the Home Search Process Some Highlights:A recent realtor.com survey revealed that buyers are still considering moving forward with the homebuying process, even if they can’t see the home in-person.While they still prefer to...
A Recession Does Not Equal a Housing Crisis
Today’s Homebuyers Want Lower Prices. Sellers Disagree.
Today’s Homebuyers Want Lower Prices. Sellers Disagree.Utah Single Family Inventory has risen from 5775 to 5940 from April 5th to April 16th.Utah County Single Family Inventory April 5th was 1401, April 16th up a little to 1466Salt Lake County Single Family Home...
Think This Is a Housing Crisis? Think Again.
Think This Is a Housing Crisis? Think Again.With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it's logical to...
What If I Need to Sell My Home Now? What Can I Do?
What If I Need to Sell My Home Now? What Can I Do?Every day that passes, people have a need to buy and sell homes. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in...
Recession? Yes. Housing Crash? No.
Recession? Yes. Housing Crash? No.With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession, if it’s not in one already. What does that mean to the residential real estate...
More than half of homes in America have at least 50% equity. Wondering how much equity you have? Let’s connect.
What You Can Do to Get Your House Ready to Sell
What You Can Do to Get Your House Ready to Sell Some Highlights: Believe it or not, there are lots of things you can do to prep your house for a sale without even going to the store. Your real estate plans don’t have to be completely on hold even while we’ve hit the...
Why Home Office Space Is More Desirable Than Ever
Why Home Office Space Is More Desirable Than EverFor years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise...
Will Surging Unemployment Crush Home Sales?
Will Surging Unemployment Crush Home Sales?Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many...
Auto DraftWhy Pre Approval Is a Great Step to Take Today
Why Pre Approval Is a Great Step to Take Today If you’re in the position to buy a home this year, pre-approval is something you can still do right now to get ahead in the homebuying process. Let’s connect to talk about your goals for 2020.
The Housing Market Is Positioned to Help the Economy Recover
The Housing Market Is Positioned to Help the Economy RecoverSome HighlightsExpert insights are painting a bright future for housing when the economy bounces back – and it will.We may be facing challenging economic times today, but the housing market is poised to help...
Looking to the Future: What the Experts Are Saying
Looking to the Future: What the Experts Are SayingAs our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last. How long will we feel the effects of the coronavirus? How deep will the impact go? The human...
Real Estate Is an Essential Service According to U.S. Government
According to CISA (Cybersecurity and Infrastructure Security Agency)This list is advisory in nature. It is not, nor should it be considered, a federal directive or standard. Additionally, this advisory list is not intended to be the exclusive list of critical...
The Best Advice Does Not Mean Perfect Advice
The Best Advice Does Not Mean Perfect AdviceThe angst caused by the coronavirus has most people on edge regarding both their health and financial situations. It’s at times like these when we want exact information about anything we’re doing – even the correct protocol...
What You Can Do to Keep Your Dream of Homeownership Moving Forward
What You Can Do to Keep Your Dream of Homeownership Moving ForwardSome Highlights:Don’t put your homeownership plans on hold just because you’re stuck inside.There are several things you can do right now to keep your home search moving forward.Connect with an agent,...
With so much changing in today’s market
Does the News have you Scared
Don’t Let Frightening Headlines Scare YouThere’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...
According to the Salt Lake Board of Realtors®Salt Lake home sales year-to-date are roughly the same as they were last year at this time. While everyday life has changed, the current economic quarantine could be short-lived, according to Lawrence Yun, chief economist...
A Recession Does Not Equal a Housing Crisis
A Recession Does Not Equal a Housing Crisis Some HighlightsThe COVID-19 pandemic is causing an economic slowdown.The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.All things considered, an...
Why the Stock Market Correction Probably Won’t Impact Home Values
Why the Stock Market Correction Probably Won’t Impact Home ValuesWith the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking...
5 Simple Graphs That Prove This Is Not Like the Last Time
A Recession Does Not Equal a Housing Crisis
A Recession Does Not Equal a Housing Crisis Some HighlightsThe COVID-19 pandemic is causing an economic slowdown.The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.All things considered, an...
Coronavirus Map
View the the interactive map https://google.org/crisisresponse/covid19-map
Coronavirus (COVID-19)
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Three Reasons Why This Is Not a Housing Crisis
Three Reasons Why This Is Not a Housing Crisis In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks...
Happy St Patrick’s Day Utah!
Two Big Myths in the Homebuying Process
Two Big Myths in the Homebuying Process The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of...