Here’s What a Recession Could Mean for the Housing Market

Recession talk is all over the news, and the odds of a recession are rising this year.

Recession talk is all over the news, and the odds of a recession are rising this year.
Have you ever wondered how long you might have to wait after Bankruptcy, Foreclosure, or Short Sale before you can purchase your new home? Check out the chart and see how long a lender will require you to wait before you can borrow again. Link to the PDF here: http://sunshineguru.com/wp-content/uploads/2013/11/Derog-Credit-Chart-Fisher-Darrow.pdf Interestingly, I recently had a…
If you’re thinking about selling your house, it’s important to know what the home inspection is and what inspectors look for.
Some Highlights While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price. You haven’t…
In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on their dream home To buy…
Over the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think.
Have you heard the term “Silver Tsunami” getting tossed around recently? If so, here’s what you really need to know.