You can write it down now, the real estate market in Hampton Roads/Northeaster North Carolina and most of the rest of the country is in a downturn. Things went south in June 2022 and haven't improved significantly since. The federal government's … [Read more...]
FOCUS ON THE POSITVE
This is from Mike Ferry's Motivational Monday comments on July 17th: "If you think in negative terms, you will get negative results. If you think in positive terms, you receive positive results". A couple of sentences that sum up your private and … [Read more...]
TIME TO GET BUSY!
It was a slow Winter in our real estate market but about like any Winter before COVID. Real Estate was still selling and some of our agents enjoyed tremendous success. As Spring settles in and interest rates continue to decline, I think Hampton … [Read more...]
Three Tips for Buying a Home Without Running into Common Roadblocks
U.S. home sales are on the rise, with more homes being bought this year than any year since 2008. The housing market is picking up speed, and many people are looking for more information on finding a home and making an offer. Be careful, though, … [Read more...]
Personal Income and Consumption in April
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses personal income and consumption. People spent less in the … [Read more...]
Total Consumer Debt Down but Student Debt Up
America’s economy is looking better and better with each passing day. Not only is the housing market contributing to growth, but corporations are flushed with cash and consumers are steadily paying down their debts. Moreover, the net exports are … [Read more...]
