by Ernest Polej | Sep 27, 2023 | Buyers & Sellers, Foreclosures
You might remember the housing crash in 2008, even if you didn’t own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there’s good news – the housing market now is different from 2008. One important reason is there aren’t...
by Ernest Polej | Jun 15, 2023 | Buyers & Sellers
If you’re thinking about buying or selling a house, it’s important to know that it doesn’t just affect your life, but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home...
by Ernest Polej | May 15, 2023 | Buyers & Sellers, Housing Market Updates, Move-Up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage....
by Ernest Polej | Apr 7, 2023 | Budget Statistics, Buyers & Sellers
When considering a new home, it is vital to think of what kind of home you will look at. What you once thought you needed may not be the right home for you now. Here are seven different types of homes with their respective pros and cons of owning them: Single-family...
by Ernest Polej | Oct 26, 2022 | Buyers & Sellers, Foreclosures, Housing Market Updates
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news...
by Ernest Polej | Oct 25, 2022 | Buyers & Sellers, Housing Market Updates, Interest Rates
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be...