housing crisis: A Recession Doesn’t Equal A Housing Crisis
- 05/02/23 11:21 AM
Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As the Federal Reserve explained in their March meeting: “. . . the staff’s projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years.” While a recession may be on the horizon, it won’t be one for the … (2 comments)
housing crisis: Why Aren’t Home Prices Crashing?
- 04/05/23 02:07 PM
Aloha, Lance Owens (RS) with LUVA Real Estate and our partners at KCM, there have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer (not in Kona median price last year $985k, today $1.277m ) . These changes led to a rise in headlines saying prices would end up crashing. Even though we’re no longer seeing the buyer frenzy that drove home values up during the pandemic, prices have been relatively flat at … (4 comments)
housing crisis: September Home Sales TANK by 25% That's What They Want You To THINK!
- 10/06/22 06:37 PM
Aloha Lance Owens here with LUVA Real Estate bringing you "the rest of the story" Sometimes I just wake up screaming when I read the headlines, they don't tell you the rest of the story, but I am here to change that! YES - Sales are off by 25% - 25% of what? 25% of the craziest year EVER in real estate, sure, its a real number, but follow along with me, because if you want to go into homeownership educated, you need to know all the numbers! NEW LISTINGS: Down by 30%, yes 30%.... so tell me, how do you sell more homes with less … (3 comments)
Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As the Federal Reserve explained in their March meeting:
;)
;)
;)
