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Monthly Archives: August 2020

    Three Ways to Win in a Bidding War

    By Pick Pina Group | August 31, 2020

    With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy […] Read More

    The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

    By Pick Pina Group | August 28, 2020

    Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage ra... Read More

    Why Is It so Important to Be Pre-Approved in the Homebuying Process?

    By Pick Pina Group | August 27, 2020

    You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, […] Read More

    Should You Buy an Existing Home or New Construction?

    By Pick Pina Group | August 26, 2020

    Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at […] Read More

    Builders & Realtors Agree: Real Estate Is Back

    By Pick Pina Group | August 25, 2020

    When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite is taking place. After the […] Read More

    The Top Reasons People Are Moving This Year

    By Pick Pina Group | August 24, 2020

    Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home. According to Zillow: “In 2020, homes went from […] Read More

    Ask a Pro About Buying a Home [INFOGRAPHIC]

    By Pick Pina Group | August 21, 2020

    Some Highlights According to trending data, searches for key real estate topics are skyrocketing online. Clearly, lots of people have questions about buying a home, and other topics related to the process. Working with a trusted real estate professi... Read More

    Forbearance Numbers Are Lower than Expected

    By Pick Pina Group | August 20, 2020

    Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely. […] Read More

    Just How Strong Is the Housing Recovery?

    By Pick Pina Group | August 19, 2020

    The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of... Read More

    Sellers Are Returning to the Housing Market

    By Pick Pina Group | August 18, 2020

    In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research... Read More