Categories for Economic Impact

Why Buying or Selling a Home Helps the Economy and Your Community

If you’re thinking about buying or selling a house, it’s important to know that it doesn’t just affect your life, but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home sales. The chart below illustrates ...

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What Does Texas & New York Have In Common? (Hint: It Involves Democrats, Republicans, Local Laws, and More Affordable Housing)

🌟 What do Texas and New York have in common? 🤔 Democrats, Republicans, local laws, affordable housing… and missed opportunities. Let’s dive into the discussion! 💬💡   🏠 Housing shortages and affordability crises are pressing issues in both Texas and New York, affecting communities across the states. Today, we’ll focus ...

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The Impact of Inflation on Mortgage Rates

If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market ...

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The True Strength of Homeowners Today

The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the ...

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