covid – The Markel Group

The Main Key To Understanding the Rise in Mortgage Rates

by markelgroupBlog, buying, Cheryl Markel, covid, lending, market, real estate October 5, 2021October 5, 2021No Comments

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam Khater, Chief Economist at Freddie Mac, explains: …

Why It’s Still Safe To Sell Your Home

by markelgroupBlog, buying, Cheryl Markel, covid, market, real estate, selling September 13, 2021September 13, 2021No Comments

If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these practices …

5 Reasons Today’s Housing Market Is Anything but Normal

by markelgroupBlog, buying, Cheryl Markel, covid, investment, lending, market, real estate, selling September 2, 2021September 2, 2021No Comments

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. …

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

by markelgroupBlog, covid, foreclosure, lending, market, real estate July 28, 2021July 28, 2021No Comments

With forbearance plans about to come to an 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 …

A Look at Housing Supply and What It Means for Sellers

by markelgroupBlog, buying, Cheryl Markel, covid, investment, lending, market, new build, real estate, selling July 27, 2021July 27, 2021No Comments

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. …