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4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

ByPEMCO Realty
April 12, 2021
Foreclosures, Housing Market Updates
0 Comments

There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are

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Latest Jobs Report: What Does It Mean for You & the Housing Market?

ByPEMCO Realty
April 7, 2021
Buyers and Sellers, Housing Market Updates
0 Comments

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted

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Why You Should Think About Listing Prices Like an Auction’s Reserve Price

ByPEMCO Realty
March 24, 2021
Buyers, Housing Market Updates
0 Comments

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to

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Will the Housing Market Bloom This Spring?

ByPEMCO Realty
March 11, 2021
Housing Market Updates
0 Comments

Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have

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6 Simple Graphs Proving This Is Nothing Like Last Time

ByPEMCO Realty
March 10, 2021
Buyers and Sellers, Housing Market Updates
0 Comments

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

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5 Reasons to Sell Your House This Spring

ByPEMCO Realty
March 8, 2021
Housing Market Updates, Move-Up Buyers, Pricing, Sellers
0 Comments

When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here

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Is It a Good Time to Sell My House?

ByPEMCO Realty
March 4, 2021
Housing Market Updates, Move-Up Buyers, Pricing, Sellers
0 Comments

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now

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Home Prices: What Happened in 2020? What Will Happen This Year?

ByPEMCO Realty
March 2, 2021
Honolulu real estate blog, Housing Market Updates
0 Comments

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed

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It’s a Sellers’ Market [INFOGRAPHIC]

ByPEMCO Realty
February 26, 2021
Housing Market Updates, Infographic, Sellers
0 Comments

Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring.With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat.Let’s connect today

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Where Have All the Houses Gone?

ByPEMCO Realty
February 22, 2021
Buyers and Sellers, Housing Market Updates
0 Comments

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time

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