The Cressy Team Blog
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The numbers show that home values have weathered the storm of the pandemic and it’s clear that there will be little negative impact on the housing market.
Buying a new home in your senior years is a chance to live out the retirement of your dreams in a place you’ve always wanted to live. The home buying process is always a lot of work, but seniors have some specific considerations to keep in mind. From calculating how much home you can afford on a fixed income to hunting for a space that will accommodate your changing needs, you have a lot of planning to do. Read more for some quick tips to help you get organized.
The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new forecast projects there may be more homes purchased this year than last year. Read more here …
Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale.
Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low interest rates, but there just aren’t enough houses for sale to meet that growing need. Read more here…
The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in the housing market. Read more for a look at four key areas that are fundamentally defining the market this year.
With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that spark. Continue reading to find out more on home sales’ record setting rebound.
The pandemic has affected both employers and employees, and everyone is trying to figure out how to work under new situations and new rules. The Fair Labor Standards Act, the Family and Medical Leave Act and the Families First Coronavirus Response Act are all governing workplace rights and responsibilities, and the new DOL guidance will help everyone understand them.
Read on for a summary of the key provisions.
In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR). Read more here …
Many home sellers can get a home warranty plan for free* from my relationship with 2-10 Home Buyers Warranty (2-10 HBW) This can help them protect major systems (like the water heater) and appliances (especially kitchen appliances like the oven) from normal wear and tear throughout the listing period. If you’re selling your home, here’s why you might want Seller coverage from 2-10 HBW.
Many seniors decide to downsize for retirement, and with good reason: there are several advantages to this kind of move. It encourages you to cull through the stuff you’ve accumulated through the years and see what you actually want to keep. It’s an opportunity to find a home you can age in safely. But perhaps most importantly, it allows you to define exactly how you want your golden years to look and feel.
If you’re not sure where to start, we’ve got you covered. We’ve gathered these resources to help you figure out where you want to live, how to downsize your items, and how to nail the moving process:
From coast to coast, the authorities are urging everyone to stay at home and reduce contact with other people as much as possible. But if we’re imaginative with what we can find online, we can still keep in touch with each other.