Forbearance programs allow homeowners to temporarily suspend or reduce their monthly mortgage payments. These programs are offered by the lender or the company that administers the loan. Forbearance does not reduce or forgive the debt owed to the lender. Instead, it gives the borrower an option to defer payments and in many cases to avoid foreclosure by working proactively with the lender to manage the...

An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks like inventory may have hit a bottom (we’ve seen this in the higher frequency data as well)....

In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually strong summer season. Here’s how this summer is stacking up against the norm and what it means for...

Building a home is very different from buying an existing home. Now, this doesn't mean you get out in the dirt and start pounding nails! No, this just means you contract with a home builder who will do all the heavy lift and nailing for you, as they build exactly the house you want. It takes time to build a house, but you are often able to get special personalized touches added to your house since you...

While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move. 1. Your House Will Likely Sell Quickly According to the most recent Realtors Confidence Index released by the National Association of Realtors (NAR), homes...

You may have heard some tales about how much money you need to put down as a down payment on a house. You probably got some bad information! And that's good news because the amount you heard is probably much more than you actually need to buy a home. Watch this below to bust the House Down Payment Myth. https://youtu.be/KAKiPa-32hs Kurzner Group is ready to help you understand how much you need...

Some Highlights The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time to sell, your home equity can help accomplish your goals. Let’s connect to discuss how you can take advantage of today’s sellers’ market to...

In challenging times, when the supply of homes is small and the number of buyers is large, it can be challenging to find a home. With the prices of homes going up and so many people competing for the same house, it can become discouraging as a buyer to find the house you want. Watch these tips to stay motivated. https://youtu.be/GtuBRbOdLs8 Kurzner Group can help you find the home you are looking...

There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes typically sell within 17 days (compared to 26 days one year ago). The average home sold has five offers to pick from. 54% of...

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value by $100k or more” “47% don’t know what a good interest rate...