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Monthly Archives: April 2020

    What Impact Might COVID-19 Have on Home Values?

    By Taylor Hill | April 29, 2020

        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 price of any item, however, is determined by supply and demand, which is how many items are available in... Read More

    The Pain of Unemployment: It Will Be Deep, But Not For Long.

    By Taylor Hill | April 23, 2020

    There 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 people in the U.S. became instantly unemployed when it was determined that the only way to defeat this... Read More

    Recession? Yes. Housing Crash? No.

    By Taylor Hill | April 15, 2020

        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 market? What is a recession?  According to the National Bureau of Economic Research: “A recession is... Read More

    Will Surging Unemployment Crush Home Sales?

    By Taylor Hill | April 14, 2020

        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 are feeling a personal financial crisis. James Bullard, President of the Federal Reserve Bank of St. Louis, explained... Read More

    What You Can Do to Keep Your Dream of Homeownership Moving Forward

    By Taylor Hill | April 14, 2020

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    Economic Slowdown: What the Experts Are Saying

    By Taylor Hill | April 14, 2020

        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 economy, lasting more than a few months, normally visible in real GDP,... Read More

    Three Reasons Why This Is Not a Housing Crisis

    By Taylor Hill | April 14, 2020

      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 one of the many ways we can confidently evaluate... Read More

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