Economic Slowdown: What the Experts Are Saying

Economic Slowdown: What the Experts Are Saying

by | Mar 23, 2020 | Uncategorized

More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the...
A Recession Does Not Equal a Housing Crisis

A Recession Does Not Equal a Housing Crisis

by | Mar 20, 2020 | Uncategorized

Some Highlights The 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 economic slowdown does not equal a housing...
Are We About to See a New Wave of Foreclosures?

Are We About to See a New Wave of Foreclosures?

by | Mar 19, 2020 | Uncategorized

With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering...
Three Reasons Why This Is Not a Housing Crisis

Three Reasons Why This Is Not a Housing Crisis

by | Mar 18, 2020 | Uncategorized

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 and valleys of what’s come before us is...