Americans See Real Estate as a Better Investment Than Stocks or Gold

In a recent post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. And a May Gallup Poll reaffirmed those findings. In an article on the current real estate market, Gallup reports: “Gallup usually finds that Americans regard real estate as the best long-term investment amongContinue reading “Americans See Real Estate as a Better Investment Than Stocks or Gold”

Why Waiting to Buy a Home Could Cost You a Small Fortune

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. ToContinue reading “Why Waiting to Buy a Home Could Cost You a Small Fortune”

4 Big Incentives for Homeowners to Sell Now

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more listingsContinue reading “4 Big Incentives for Homeowners to Sell Now”

When Will All the Foreclosures Hit the Market?

We continue to have discussions with people about “when” (not if!) the real estate market is going to crash again. People are fearful of another foreclosure wave because there are approximately 2.3 million households currently in forbearance who eventually will no longer have the protection of a forbearance program. Some folks are assuming there couldContinue reading “When Will All the Foreclosures Hit the Market?”

Homeownership Is Full of Financial Benefits

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a better chance of saving for retirement 87% – the best investment plan 85% – theContinue reading “Homeownership Is Full of Financial Benefits”

6 Simple Graphs Proving This Housing Boom is Nothing Like Last Time

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance mirrorsContinue reading “6 Simple Graphs Proving This Housing Boom is Nothing Like Last Time”