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The Murray Group Blog


Two New Surveys Indicate Urban to Suburban Lean

Two New Surveys Indicate Urban to Suburban Lean

There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide. In a recent Realtor Magazine article, they discussed the issue and addressed comments made by Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “While migration trends were toward urban centers before the pandemic, real estate thought leaders have pre...

Bev Murray
Bev Murray

Current Buyer & Seller Perks in the Housing Market

Current Buyer & Seller Perks in the Housing Market

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers:Low Mortgage Rates The most impressive buyer incentive today is the average mortgage interest rate. Just last week, mortgage rates hit an all-time low fo...

Bev Murray
Bev Murray

Bidding War! Pent-Up Demand Sets Stage For Seller's Market After Re-Opening

Bidding War! Pent-Up Demand Sets Stage For Seller's Market After Re-Opening

Whether it's next month or next year, sooner or later the pandemic will come to an end and it will be safe to get back to the business of real estate in earnest. When that happens, the floodgates will open and home buyers should be preparing themselves for competing to get the home they want. Lots Of Buyers And Few Homes For Sale In fact in some areas of the country, a seller's market is already in full swing and home prices are up. Home buyers are finding themselves in a bidding war to...

Bev Murray
Bev Murray

Why Home Equity Is a Bright Spark in the Housing Market

Why Home Equity Is a Bright Spark in the Housing Market

Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as health care, food and grocery stores, retail, delivery, and more increase their employment opportunities. Breaking down what unemployment means for homeownership, and understanding the significant equity Americans hold today,...

Bev Murray
Bev Murray

Phillippi Creek - Hidden Gem Offers Natural Beauty & Wealth Of Sarasota History

Phillippi Creek - Hidden Gem Offers Natural Beauty & Wealth Of Sarasota History

Winding it's way from Little Sarasota Bay, Phillippi Creek meanders northeast across town much farther than you might expect, bringing old-Florida low-country waterfront from the Intracoastal Waterway all the way past Beneva Road. More than just a small waterway, Phillippi Creek is also steeped in Sarasota history. Prior to the 1820s when Florida became a United States territory, many Spanish-speaking fishermen from Cuba came to southwest Florida to fish the Gulf Coast waters, establishin...

Bev Murray
Bev Murray

The #1 Thing You Can Do Now to Position Yourself to Buy a Home This Year

The #1 Thing You Can Do Now to Position Yourself to Buy a Home This Year

The last few weeks and months have caused a major health crisis throughout the world, leading to a pause in the U.S. economy as businesses and consumers work to slow the spread of the coronavirus. The rapid spread of the virus has been compared to prior pandemics and outbreaks not seen in many years. It also has consumers remembering the economic slowdown of 2008 that was caused by a housing crash. This economic slowdown, however, is very different from 2008. One thing the experts are say...

Bev Murray
Bev Murray
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