Homeownership Helps the Local Economy

posted by: George Sykes, Managing Broker, Worth Clark Realty on Saturday November 28, 2020

Each real estate transaction makes an impact on the local economy, which is a major part of why the housing market is a driver in this year’s economic recovery. This winter is a great time to make a move, so DM me if you’re ready to support our community and find your dream home today.

Your House May Be High on the Buyer Wish List This Holiday Season

posted by: George Sykes, Managing Broker, Worth Clark Realty on Thursday November 26, 2020

Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best choice you can make. This year, buyers want to purchase homes for the holidays, and your house might be the perfect match.

Here are seven great reasons not to wait to sell your house this holiday season:

Why Working from Home May Spark Your Next Move

posted by: George Sykes, Managing Broker, Worth Clark Realty on Monday November 16, 2020

If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next year, and possibly beyond.

Do You Need to Know More about Forbearance and Mortgage Relief Options?

posted by: George Sykes, Managing Broker, Worth Clark Realty on Monday October 19, 2020

Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection plans were put into place to help support those in need.

First, there was a pause placed on initiating foreclosures for government-backed loans. This plan started on March 18, 2020, and it extends at least through December 31, 2020. Second, homeowners were able to obtain forbearance for up to 180 days, followed by a potential extension for up to another 180 days. This way, there is a relief period in which homeowners have the opportunity to halt payments on their mortgages for up to one year.

The Cost of a Home Is Far More Important than the Price

posted by: George Sykes, Managing Broker, Worth Clark Realty on Tuesday September 29, 2020

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: ...

Home Use is Changing

posted by: George Sykes, Managing Broker, Worth Clark Realty on Wednesday September 9, 2020

We’ve seen a lot of change this year, and many of them have impacted the demands made on our homes.

How Will the Presidential Election Impact Real Estate in Places Like Fairview Heights?

posted by: George Sykes, Managing Broker, Worth Clark Realty on Wednesday September 2, 2020

The year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new forecast projects there may be more homes purchased this year than last year.

As we come to the end of this tumultuous year, we’re preparing for perhaps the most contentious presidential election of the century. Today, it’s important to look at the impact past presidential election years have had on the real estate market.

Why Foreclosures Won’t Crush the Housing Market Next Year

posted by: George Sykes, Managing Broker, Worth Clark Realty on Friday August 14, 2020

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of foreclosures is expected to be much lower than what this country experienced during the last recession. Here’s why.

Will We See a Surge of Homebuyers Moving to the Suburbs?

posted by: George Sykes, Managing Broker, Worth Clark Realty on Monday August 10, 2020

As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend in this direction of moving from urban to suburban communities, but the question is: will the trend continue?

Local Special

Help Find These Homes in the 618 Area

posted by: George Sykes, Managing Broker, Worth Clark Realty on Wednesday July 29, 2020

I'm looking for a few specific homes to sell. I have buyer clients who are ready to purchase, and we can't find the perfect house in the MLS. Maybe you know of a matching property.