Tom Johnson

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What's Your Home Worth

How Pricing Your Home Right Makes a Big Difference

May 20, 2020 By Tom Johnson

Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for the sale. If you’ve ever watched the show… [Read More]

Filed Under: Home Selling, Home Value, Market Information Tagged With: selling your home

Why the Stock Market Correction Probably Won’t Impact Home Values

April 3, 2020 By Tom Johnson

With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last time. The S&P 500 did fall by over fifty percent… [Read More]

Filed Under: Home Buying, Home Selling, Market Information

Economic Slowdown: What the Experts Are Saying

April 1, 2020 By Tom Johnson

More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real… [Read More]

Filed Under: Market Information

A Recession Does Not Equal a Housing Crisis

March 28, 2020 By Tom Johnson

Some Highlights The COVID-19 pandemic is causing an economic slowdown. The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th. All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of… [Read More]

Filed Under: Home Ownership, Home Selling, Market Information

Are We About to See a New Wave of Foreclosures?

March 18, 2020 By Tom Johnson

With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering how they’ll be able to afford their mortgage payments. In spite of this,… [Read More]

Filed Under: Market Information

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Recent Posts

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  • Instant Buyers Save Time But Cost Money
  • How Pricing Your Home Right Makes a Big Difference
  • Gift the Down Payment
  • Buying a Home Early Can Significantly Increase Future Wealth
  • The Overlooked Financial Advantages of Homeownership
  • Another Source for a Down Payment

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