Greg King

Greg King

National Association of Realtors ShortSale Foreclosure Resource
S.0070665.LLC

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Home Sellers: There Is an Extra Way To Welcome Home Our Veterans

By G. King - September 29, 2021
  Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase from about 65% during 2018

4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

By G. King - September 27, 2021
  With forbearance plans about to end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households lost their home to a foreclosure, short sale,

A Look at Housing Supply and What It Means for Sellers

By G. King - September 24, 2021
  One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and likely, more offers. But as life begins to return to no

3 Hot Topics in the Housing Market Right Now

By G. King - September 22, 2021
    If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceler

Today’s Real Estate Market Explained Through 4 Key Trends

By G. King - September 20, 2021
    As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage of Homes for Sale Earlier this year, the number of homes availab

Housing Supply Is Rising. What Does That Mean for You

By G.King - September 17, 2021
  Housing Supply Is Rising. What Does That Mean for You?   An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

By G.King - September 15, 2021
  Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?   Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs. Working fro

3 Charts That Show This Isn’t a Housing Bubble

By G.King - September 13, 2021
  3 Charts That Show This Isn’t a Housing Bubble   With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone

What You Should Do Before Interest Rates Rise.

By G.King - September 10, 2021
  What You Should Do Before Interest Rates Rise   In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should conside

Diving Deep into Today’s Biggest Buyer Concerns

By G.King - September 08, 2021
  Diving Deep into Today’s Biggest Buyer Concerns   Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. T

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