Author Archives: Annette Bohannon

Sellers Are Returning to the Housing Market

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research […]

Hillsborough County (Tampa) Home Sales as of August 17, 2020 – Tampa Market Monday

Happy Monday, August 17, 2020 In July 2020, the Hillsborough County single-family housing market favored sellers. Single-Family Homes For Sale fell 47% from July 2019 and 11% from June 2020.…

The Beginning of an Economic Recovery

The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we’ve also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what’s going on and what it means relative to the […]

Mortgage Rates & Payments by Decade [INFOGRAPHIC]

Some Highlights Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low. Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant....

Homes Are More Affordable Right Now Than They Have Been in Years

Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report […]

Why Foreclosures Won’t Crush the Housing Market Next Year

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of […]

Current Buyer & Seller Perks in the Housing Market

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: […]

New Tampa Home Sales as of August 10, 2020 – Tampa Market Monday

Happy Monday, August 10, 2020 In July 2020, the New Tampa (Zip Code 33647) Single-Family Housing Market favored Sellers. Single-Family Homes For Sale fell 61.1% from July 2019 and 12.7%…

The Latest Unemployment Report: Slow and Steady Improvement

Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment rate to fall to 10.5%. When the official report came out, it revealed that 1.8 million jobs were added, and […]

2020 Homebuyer Preferences [INFOGRAPHIC]

Some Highlights

• A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers.
• Many buyers are accelerating their timelines to take advantage of low mortgage rates and staying home has enabled some to save more money to put toward a down payment.
• Let’s connect today if your needs have recently changed and you’re ready to make a move this year.