2021 housing
Who Is Buying the Most Houses?
As you may be aware there is very low inventory and a lot of demand in the housing market right now. Have you ever wondered who is buying the most homes, and what they are buying? If you guessed millennials (those born between 1981-1996), you are right. They make up the largest percentage of homebuyers…
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Why the Real Estate Market WON’T Crash in 2021
There has been a lot of buzz lately about whether the real estate market will crash in 2021…I say that will not happen! Let’s look at the reasons why. 1. Loans and the inability to repay them are treated differently today.. Unlike the 2008 market crash, lenders have not been making a plethora of bad…
Read More2021 Real Estate Market Predictions
It’s the time of year for my annual real estate market prediction for the coming year. First of all I want to say that this has been a difficult and strange year for all humankind. Life as we knew it is no more, we have changed the way we do everything – work, play, congregate,…
Read MoreComing Right Up: More Buying Power For Buyers
Attention buyers using loans to purchase property: your buying power will be increasing this Spring. The Federal Housing Finance Agency announced it will be increasing conforming loan limits almost $38,000 starting in March. First let’s look at what exactly a conforming loan limit is. Fannie Mae and Freddie Mac are the guarantors of the majority…
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