The Cost of a Home Is Far More Important than the Price

The Cost of a Home Is Far More Important than the Price | Simplifying The MarketHousing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.” Whenever there […]

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Is the Economic Recovery Beating All Projections?

Is the Economic Recovery Beating All Projections? | Simplifying The MarketEarlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months later, the economy is still trying to stabilize, but it is evident that the […]

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Homes Across the Country Are Selling Fast [INFOGRAPHIC]

Some Highlights

Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month.
With ho…

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How Low Inventory May Impact the Housing Market This Fall

How Low Inventory May Impact the Housing Market This Fall | Simplifying The MarketReal estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low interest rates, but […]

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The Surging Real Estate Market Continues to Climb

The Surging Real Estate Market Continues to Climb | Simplifying The MarketEarlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by tracking each of the following: Housing Demand – Growth in online search activity Home […]

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Is Now a Good Time to Move?

Is Now a Good Time to Move? | Simplifying The MarketHow long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time […]

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Two New Surveys Indicate Urban to Suburban Lean

Two New Surveys Indicate Urban to Suburban Lean | Simplifying The MarketThere has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide. In a recent Realtor Magazine article, they discussed the issue and addressed comments made by Lawrence Yun, […]

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Virtual School Is Changing Homebuyer Needs [INFOGRAPHIC]

Some Highlights

With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists.
If you’re trying to make room for your family’s growing needs, multi-purpose r…

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Homebuyer Traffic Is on the Rise

Homebuyer Traffic Is on the Rise | Simplifying The MarketOne of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that […]

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The Latest Unemployment Rate Fell to 8.4%

The Latest Unemployment Rate Fell to 8.4% | Simplifying The MarketLast Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it is tough to look at this as great news when millions of Americans are […]

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Have You Ever Seen a Housing Market Like This?

Have You Ever Seen a Housing Market Like This? | Simplifying The MarketThe year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in the housing market. Here’s a look at four key […]

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Thank You, Essential Workers

To all essential workers on this Labor Day, thank you.

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The 2020 Homebuyer Wish List [INFOGRAPHIC]

Some Highlights

The word “home” is taking on a whole new meaning this year, and buyers are starting to look for new features as they re-think their needs and what’s truly possible.
From more outdoor space to virtual classrooms for their children, bu…

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Homebuyer Demand Is Far Above Last Year’s Pace

Homebuyer Demand Is Far Above Last Year’s Pace | Simplifying The MarketHomebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, […]

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How Will the Presidential Election Impact Real Estate?

How Will the Presidential Election Impact Real Estate? | Simplifying The MarketThe year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new forecast projects […]

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