Prior to the pandemic, the housing market was booming. Prices were increasing, while inventory was at its lowest level in 40-years. Inventory levels should remain tight because new construction has slowed due to Covid-19. Meanwhile, demand for homeownership has been pent up and those living in apartments are looking for more space and distance. And […]
Finding Opportunity During These Challenging Times
Covid-19 has caused a virtual economic shutdown to stop its spread and preserve health. We will defeat this virus and our economy will begin to recover. The economic slowdown will likely cause home values to take a modest dip over the short term. But this should be viewed as an opportunity. Just prior to the […]
Mortgage Forbearance Amid Coronavirus
The Covid-19 Coronavirus has led to some challenging times for all of us. The Government has created the CARE Act, to assist homeowners whose income may have been adversely impacted by the coronavirus. One of the components of the CARE Act is the possibility of mortgage forbearance. Forbearance is often misinterpreted. And while it is intended […]