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Monthly Archives: August 2022

    Buyers: You May Face Less Competition as Bidding Wars Ease

    By Marco Manumbas | August 31, 2022

    One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy... Read More

    What Sellers Need To Know in Today’s Housing Market

    By Marco Manumbas | August 23, 2022

    If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve missed your chance to sell your house and make a... Read More

    The U.S. Homeownership Rate Is Growing

    By Marco Manumbas | August 15, 2022

    The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own, and the percentage... Read More

    Why the Forbearance Program Changed the Housing Market

    By Marco Manumbas | August 8, 2022

    When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis wouldn’t happen... Read More

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