Words to start your week!
Monday Motivation 👐
A #motivationmonday in honor of Dr. Martin Luther King Jr. Day!
Wise words for your Monday ✨
Start off the new year right!
Everyone have a great holiday season!! 🎅🎄🕎 #motivationmonday
According to Fannie Mae’s Home Purchasing Sentiment Index, 61% of Americans believe now is a good time to buy a house. Do you agree?
https://www.housingwire.com/articles/is-now-a-good-time-to-buy-a-home-over-60-of-surveyed-americans-say-yes/
HOUSINGWIRE.COM
Is now a good time to buy a home? Over 60% of surveyed Americans say yes
Has the housing market seemed erratic to you lately? You might want to buckle in. HousingWire says that the “V” shaped housing market could turn into a “W.”
Here is what Logan Mahtashami says will prevent this from happening:
- Flat to positive purchase applications
- Credit flow
- Target 10-year yield rates
- Decrease in COVID-19 cases
https://www.housingwire.com/articles/how-the-housing-markets-v-shaped-recovery-could-slip-into-a-w-shape/
HOUSINGWIRE.COM
How the housing market's V-shaped recovery could slip into a W-shape - HousingWire
Under stressful times, COVID-19 is affecting rent––and now it is dropping across the country.
From HousingWire: “In New York, where housing courts recently opened and evictions can resume, the Rent Guidelines Board voted to approve a rent freeze on one-year leases, according to Curbed New York. For two-year leases, there is a freeze in the first year and a 1% increase in the second year.”
https://www.housingwire.com/articles/rent-is-dropping-across-the-country/
HOUSINGWIRE.COM
Rent is dropping across the country - HousingWire
Since coronavirus hit, there have been multiple measures to inject money into the economy, including:
-Direct payments to the general public and small businesses
- Mortgage forbearance
- Limits on foreclosure actions
But what happens when these relief funds dry out? Forbes has got you covered:
https://www.forbes.com/sites/bradhunter/2020/06/10/a-residential-reboundbut-what-happens-after-the-supports-fall-away/?sh=7be44c222cbd
FORBES.COM
The Housing Market Is Rebounding, But What Happens After Stimulus Support Measures Fall Away?
Did you know that Applications for purchase mortgages gained for the eighth consecutive week? Levels are now 13% higher than a year ago as states continue to reopen across the country!
Here’s a detailed breakdown:
- The VA share of applications increased to 12.43% from 12%
- The FHA’s share of mortgage apps increased to 11.5% from 11.2%
Read more:
https://www.housingwire.com/articles/mortgage-applications-jump-13/
HOUSINGWIRE.COM
Mortgage applications jump 13% - HousingWire
When was the last time you stayed in an Airbnb? Do you know how they are affecting the housing market?
HousingWire suggests that coronavirus is taking these houses for a spin. In fact, “$1.5 billion in bookings canceled in mid-March when the COVID-19 pandemic arrived in the U.S.”
https://www.housingwire.com/articles/airbnb-properties-wouldnt-make-a-dent-on-housing-market/
HOUSINGWIRE.COM
Airbnb properties wouldn’t make a dent in housing market
Have you been on our website recently? If not, head on over and check out our NEWLY DESIGNED pages!
We created these client-oriented pages with the intention to provide potential house sellers with all they need to know about the home-selling process and how to make their process as easy as possible.
We also hope you can get acquainted with the folks here at Templar Real Estate Enterprises and get a sense of just how much they love their jobs. Check it out, and let us know what you think!
https://www.templarcashforhouses.com/
TEMPLARCASHFORHOUSES.COM
Sell Your House Fast in NJ | Templar Real Estate Enterprises
Our #motivationmonday today is all about having the right mindset.
Too often we get stuck inside our own heads and convince ourselves not to pursue the things we want because of how they might turn out. Instead, we should excite ourselves about the possibilities that are before us.
How do you keep a positive mindset? What inspires you to try new thins? We're all ears. 👂
This is an interesting and insightful article from Housing Wire! Report Tim Glaze reports a record high of ownership for white and Hispanic Americans, but a continual decrease from black Americans.
More interesting statistics about the 2020 housing market:
🏡 Owners over the age of 65 made up the majority of homeowners in the fourth quarter of 2020 at 80.2%. The under-35 crowd accounted for only 38.5% of homeowners.
🏡 Approximately 89.1% of all housing units were occupied in the fourth quarter of 2020, and 10.9% were vacant. Owner-occupied housing units made up 58.6% of total housing units.
🏡 The median asking sales price for vacant, for-sale units was $214,600 in the fourth quarter of 2020.
https://www.housingwire.com/articles/white-homeownership-rate-hits-nine-year-high/
HOUSINGWIRE.COM
White homeownership rate hits nine-year high - HousingWire
To start off Black History Month, our Motivation Monday comes from Michael Jordan.
In 2014, Michael Jordan became the first billionaire athlete. He is also the fourth-richest black American, behind Robert F. Smith, David L. Steward and Oprah Winfrey.
As we continue to work towards an even better and consciously more inclusive future, we honor the contributions that Black communities made and continue to make in all sectors of society.
#BlackHistoryMonth #blackhistorymonth2021 #motivationmonday
We love catching up with our clients after the buying process is complete. Here is what Heidi from Cedar Grove, New Jersey had to say about her experience selling her house with Templar Real Estate Enterprises.
If you're looking to sell your house fast and easy, contact us today!
https://www.youtube.com/watch?v=-9_bKtMS7rQ&list=PL5H3QXwCSYFwt3az4wCVvEbxXJhyQCTcT&index=9
YOUTUBE.COM
Templar Real Estate Testimonial - Heidi G. [Cedar Grove]
We know it's Wednesday, but we couldn't help but share one of our favorite transformations.
One of our favorite quotes reads: "Home is the tranquility we return to when the world turns into confusion."
