Category: finance

Economists Forecast Recovery to Begin in the Second Half of 2020

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Economists Forecast Recovery to Begin in the Second Half of 2020 With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a rebound will … Continued

A Surprising Shift to the ‘Burbs May Be on the Rise

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A Surprising Shift to the ‘Burbs May Be on the Rise While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment … Continued

Unemployment Report: No Need to Be Terrified

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Unemployment Report: No Need to Be Terrified Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even higher. These numbers represent the extreme hardship so many families … Continued

Will Home Values Appreciate or Depreciate in 2020?

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Will Home Values Appreciate or Depreciate in 2020? With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item. Each … Continued

Unemployment: Hope on the Horizon

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Unemployment: Hope on the Horizon Tomorrow, the unemployment rate for April 2020 will be released by the U.S. Bureau of Labor Statistics. It will hit a peak this country has never seen before, with data representing real families and lives affected by this economic slowdown. The numbers will alarm us. There will be headlines and doomsday scenarios … Continued

Why Home Equity Is a Bright Spark in the Housing Market

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Why Home Equity Is a Bright Spark in the Housing Market Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as … Continued

Why the Housing Market Is a Powerful Economic Driver

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Why the Housing Market Is a Powerful Economic Driver With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. … Continued

Buying a Home Right Now: Easy? No. Smart? Yes.

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Buying a Home Right Now: Easy? No. Smart? Yes. Through all the volatility in the economy right now, some have put their search for a Metro Detroit Michigan home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several … Continued

The Pain of Unemployment: It Will Be Deep, But Not for Long

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The Pain of Unemployment: It Will Be Deep, But Not for Long There are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we normally would. Over 20 million people in the U.S. became instantly … Continued

Today’s Homebuyers Want Lower Prices. Sellers Disagree.

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Today’s Homebuyers Want Lower Prices. Sellers Disagree. The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some buyers to … Continued
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