The Waiting Game: An $80,000 Mistake We saw housing prices gain north of 12% along the Wasatch Front and the state of Utah in 2020. That’s remarkable given the circumstances. We know that Utah currently has the lowest unemployment rate in the country. We’re #2 in terms of in-migration, or families relocating to work in […]
Meet the team and listen to how amazing the 2020 real estate market really was! Hi guys! Well, what a whirlwind the 2020 real estate market was!! Here’s a video that our team put together to talk about the market broken down by each country! The bottom line was 2020 was an excellent year for […]
Unemployment, COVID, and our economy…
Today I look at the broader question of “Will Housing Prices Cancel Out Low Mortgage Rates?” I stumbled upon a great Realtor.com article that I’d like to share with you. This article covers the national economy and the real estate economy.
Low supply and rock bottom mortgage rates are keeping the housing market highly competitive even during the ongoing pandemic.
Our housing market is currently healthier than the majority of our nation.
The real estate market is on a much stronger footing which will serve it well in any future recessions.
The National Association of Realtors has released their annual report of Home Buyers and Home Sellers. There’s some interesting information here that we felt was pertinent and worthy of sharing. We’ll cover this in two parts. First will be the Home Buyers. • So The first thing I noticed here was that 78% of non-home owners […]
The National Association of Realtors has released their annual report of Home Buyers and Home Sellers. This is our second segment, if you missed the Home Buyer report, please visit www.SternTeam.org, there’s a lot of valuable insight. Today we’re going to cover the NAR’s 2019 profile of home sellers. • Remember that the typical home buyer […]
How is COVID-19 Affecting the Mortgage Market? Today we want to talk about the mortgage market and how COVID is changing the mortgage landscape. JPMorgan Chase just announced that it has stopped accepted HELOC applications as of April 14th, 2020. Of course, they’re calling this a temporary pause. In addition to that, JPMorgan Chase is requiring 20% […]