Housing Market News
Why the Stock Market Correction Probably Won’t Impact Home Values
With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last...
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Economic Slowdown: What the Experts Are Saying
More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the...
read more![A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]](https://assets.agentfire3.com/uploads/sites/77/2020/03/20200320-MEM-819x1024.jpg)
A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]
Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic slowdown does not equal a housing...
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Are We About to See a New Wave of Foreclosures?
With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering...
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March 2020 Housing Market Update
Note Things are happening rapidly. Just three days after the March 2020 Housing Market Update on the 17th, everything changed. On March 20 Governor Cuomo issued the New York State on PAUSE Executive Order. One day later, Governor Murphy announced a Statewide Stay at...
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Impact of the Coronavirus on the U.S. Housing Market
The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have...
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February 2020 Housing Market Update
Geoff Green, President of Green Team Realty, welcomed everyone to the February 2020 Housing Market Update held on Tuesday, February 18 at 2 p.m.. Topics to be discussed include the coronavirus and its potential impact, as well as the upcoming elections and local...
read more![Reasons to Fall in Love with Homeownership [INFOGRAPHIC]](https://assets.agentfire3.com/uploads/sites/77/2020/02/85323629-valentine-red-hearts-banner-400x250.jpg)
Reasons to Fall in Love with Homeownership [INFOGRAPHIC]
Some Highlights: There are many benefits to love about homeownership, and they’re not all financial. Being a part of a neighborhood, driving academic achievement, and improving mental health are just a few of these advantages. Let’s get together today to determine if...
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