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Monthly Archives: March 2020

    The Economic Impact of Buying a Home

    By Phillip Martucci | March 31, 2020

    We’re in a changing real estate market, and life, in general, is changing too – from how we grocery shop and meal prep to the ways we can interact with our friends and neighbors. Even practices for engaging with agents, lenders, and all of the players involved in a real estate transaction are changing to... Read More

    The Best Advice Does Not Mean Perfect Advice

    By Phillip Martucci | March 30, 2020

    The angst caused by the coronavirus has most people on edge regarding both their health and financial situations. It’s at times like these when we want exact information about anything we’re doing – even the correct protocol for grocery shopping. That information brings knowledge, and this gives us a sense of relief and comfort. If... Read More

    Are We About to See a New Wave of Foreclosures?

    By Phillip Martucci | March 28, 2020

    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 how they’ll be able to afford their mortgage payments. In spite of this,... Read More

    What You Can Do to Keep Your Dream of Homeownership Moving Forward 

    By Phillip Martucci | March 27, 2020

    Some Highlights: Don’t put your homeownership plans on hold just because you’re stuck inside. There are several things you can do right now to keep your home search moving forward. Connect with an agent, learn about resource programs for things like down payments, and get pre-approved today. More Resources Home Buying: Do You Know The Lingo? 3 Things... Read More

    The Overlooked Financial Advantages of Homeownership

    By Phillip Martucci | March 27, 2020

    There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for... Read More

    Entry-Level Homeowners Are in the Driver’s Seat

    By Phillip Martucci | March 26, 2020

    One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the homeowners? When prices appreciate, homeowners gain equity. In addition, those planning to sell this... Read More

    Don’t Let Frightening Headlines Scare You

    By Phillip Martucci | March 26, 2020

    There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from the main street media to a lone blogger – has realized that bad news sells.... Read More

    Is Now a Good Time to Refinance My Home?

    By Phillip Martucci | March 25, 2020

    With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most... Read More

    The #1 Reason to List Your House Right Now

    By Phillip Martucci | March 24, 2020

    The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’s quite evident... Read More

    Why the Stock Market Correction Probably Won’t Impact Home Values

    By Phillip Martucci | March 24, 2020

    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 time. The S&P 500 did fall by over fifty percent... Read More