by Jason Richardson | Oct 21, 2020 | Distressed Properties, Foreclosures, Housing Market Updates
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally...
by Jason Richardson | Oct 15, 2020 | Demographics, Distressed Properties, Foreclosures, Housing Market Updates
Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection...
![Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]](https://richardsonlending.com/wp-content/uploads/2020/10/20201002-KCM-Share-549x300-1.jpg)
by Jason Richardson | Oct 3, 2020 | Down Payments, For Buyers, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights According to CoreLogic, homeowners across the country are gaining significant equity. Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth. If you’re ready to sell your house and begin looking for...
by Jason Richardson | Sep 24, 2020 | For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale...
by Jason Richardson | Sep 21, 2020 | For Buyers, For Sellers, Housing Market Updates
Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months...
![Homes Across the Country Are Selling Fast [INFOGRAPHIC]](https://richardsonlending.com/wp-content/uploads/2020/09/20200918-KCM-Share-549x300-1.jpg)
by Jason Richardson | Sep 18, 2020 | For Sellers, Housing Market Updates, Infographics
Some Highlights Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month. With homes moving from...
