Best Time to Sell? When Competition Is at an All-Time Low

Best Time to Sell? When Competition Is at an All-Time Low In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable considering the current condition of the … Continued

Latest Unemployment Report: Great News…for the Most Part

Latest Unemployment Report: Great News…for the Most Part The Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,074,000 jobs to be added in June. The report revealed that 4,800,000 jobs were added. The unemployment rate fell to 11.1% from … Continued

What Are Experts Saying About the Rest of 2020?

What Are Experts Saying About the Rest of 2020? One of the biggest questions on everyone’s minds these days is: What’s going to happen to the Metro Detroit Michigan housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for … Continued

Is the Economic Recovery Already Underway?

Is the Economic Recovery Already Underway? The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects … Continued