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What Experts Are Saying about the 2021 Job Market

ByPEMCO Realty
January 21, 2021
Buyers and Sellers, Housing Market Updates
0 Comments

Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income. However, we need to give it some

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Why Right Now May Be the Time to Sell Your House

ByPEMCO Realty
January 14, 2021
Buyers and Sellers, Housing Market Updates
0 Comments

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association

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Will Forbearance Plans Lead to a Tsunami of Foreclosures?

ByPEMCO Realty
January 13, 2021
Buyers and Sellers, Distressed Properties, Housing Market Updates
0 Comments

At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan.

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What Does 2021 Have in Store for Home Values?

ByPEMCO Realty
January 11, 2021
Buyers and Sellers, Interest Rates, Move-Up Buyers, Pricing
0 Comments

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: “Home

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Reasons to Hire a Real Estate Professional [INFOGRAPHIC]

ByPEMCO Realty
January 8, 2021
Buyers and Sellers, Infographic
0 Comments

Some Highlights Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process.The right agent can explain current market conditions and break down exactly what they mean for you.If you’re considering buying

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Four Expert Views on the 2021 Housing Market

ByPEMCO Realty
December 31, 2020
Buyers and Sellers, Housing Market Updates, Pricing
0 Comments

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National

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2021 Housing Forecast [INFOGRAPHIC]

ByPEMCO Realty
December 18, 2020
Buyers and Sellers, Housing Market Updates, Infographic
0 Comments

Some Highlights Experts project an optimistic year for the 2021 housing market.With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices.Let’s connect today to determine how to make your best move in the

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Homeowner Equity Increases an Astonishing $1 Trillion

ByPEMCO Realty
December 17, 2020
Buyers and Sellers, Housing Market Updates
0 Comments

In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings: S. homeowners with mortgages have

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3 Reasons to Be Optimistic about Real Estate in 2021

ByPEMCO Realty
December 16, 2020
Buyers and Sellers, Housing Market Updates, Interest Rates
0 Comments

This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the

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The Holidays Aren’t Stopping Homebuyers This Year

ByPEMCO Realty
December 15, 2020
Buyers and Sellers, Housing Market Updates, Interest Rates
0 Comments

Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the homebuyer. Each month, ShowingTime releases their Showing

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