Are Home Prices Headed Toward Bubble Territory?     Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 has […]

  With Home Values Surging, Is it Still Affordable to Buy Right Now?     Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe […]

2021 Forecast Does Not Call for Foreclosure Crisis Options in Place So History Doesn’t Repeat the 2008 Crisis   As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis that began in 2008. The […]

Real Estate Is a Driving Force in the Economy     Housing Market is Playing Leading Role in the Turnaround   As the economy recovers from this year’s health crisis, the housing market is playing a leading role in the turnaround. It’s safe to say that what we call “home” is taking on a new […]