More Jobs and Better Pay Leads to More Buyer Demand

by peakstate_gcs357 | Aug 24, 2023 | Uncategorized

There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about...

Why You Need a True Expert in Today’s Housing Market

by peakstate_gcs357 | Aug 23, 2023 | Uncategorized

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical...

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

by peakstate_gcs357 | Aug 22, 2023 | Uncategorized

If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s...

Why Median Home Sales Price Is Confusing Right Now

by peakstate_gcs357 | Aug 21, 2023 | Uncategorized

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming...

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

by peakstate_gcs357 | Aug 18, 2023 | Uncategorized

Some HighlightsWith ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were...