As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis that began in 2008. The reality is, plans have been put in place through forbearance to ensure history doesn’t repeat itself. This year, homeowners […]
Whether we’re ready for it or not, the 2020 presidential election is right around the corner. As if this year hasn’t brought enough uncertainty, an election could be causing your clients to question their buying and selling plans…again. Rocky political environments can create instability in the stock market-causing consumer confidence to drop. But the real […]
As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would home values begin to depreciate? Original […]
Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered. Mark Fleming, Chief Economist at First American, announced last week: “Since […]
Mid Year Market Update 2020 has most certainly been one for the books! Covid-19, Protests, Riots, Kobe Bryant, No Olympics, Distance Learning, Social Distancing, Murder Hornets, Locusts, SpaceX, Australia Burning, Royals Leaving Royalty, Zoom, and let’s not forget, Tiger King. We’ve made it past the half-way marker! Although this year has brought many challenges, these […]
Throughout The Keenan Carter Group history, (and even prior), we have seen the unexpected change in our business, our mindset and our homes. The unexpected has come, once again, changing everything and everyone around us. In this time of change, The Keenan Carter Group, Keller Williams Realty Central Coast and our tens of thousands of agents […]
https://youtu.be/pUEgOhptlAo Looking to the bright side when coming out the other end of the Coronavirus aftermath. How does this affect home prices? Are we heading into a recession? How would a recession now compare to the recession of 2008-2009? Keep yourself in the know while sheltering in place.