Missing Millenials

  There’s a first for everything, and evidently it’s not showing up in the housing market. Huh? —————— In a nutshell,  for a multitude of reasons young adults are not buying homes as previous generations did…...

Slumber Party

The market in the North East will normally take a slumber over the Holidays. There are seasons for everything, and real estate is no different. The sellers who failed to get rid of inventory will need  to delay gratification until we get into the New Year. If you are...

Stuck in a Rut

Stay put. Evidently, that’s what’s happening more and more across America according to recent studies. Choosing to move is one thing, having to another. When the economy is healthy and vibrant, the population is fluid. Sellers have an abundance of buyers...
Rent

Rent

RENT is a four letter word. To “would be” home owners, with mortgages having never been more “affordable” based on the current mortgage rates, renting doesn’t make any sense at all. Why aren’t they buying? Job instability, lack of...

Going for a Haircut

Shooting the breeze with my barber once a month while he attends to business, I get a fresh perspective on the state of the economy and local real estate activity. These days I guess he seems to be more of a psychiatrist then a barber. “Everyone is depressed,...

HOPE is a four letter word

The Hope Now Alliance is a Hail Mary being thrown out by desperate government officials to stem the expected rising tide of home foreclosures nationally. In a continuing scandal that is sure to send ripples into far-reaching corners of the economy, the subprime...