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Bay Equity News


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February 18, 2020
Study: Recession won’t affect home prices

According to a recent report U.S. housing prices are unlikely to be affected by a recession in any major way.

Researchers at First American Financial Services examined how the country’s housing market has fared historically during recessionary periods.

While the Great Recession is still fresh in the minds of many its devastating effects on housing are...

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February 10, 2020
Millennials’ metro exodus continues

Millennials are getting older. And as they enter the next stage of life - marriage kids higher salaries - they are beginning to leave cities just like the generations before them.

Millennials’ share of mortgage originations could surpass an unprecedented 50% in the spring of 2020 more than that of Generation X and baby boomers combined.

Once...

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February 3, 2020
Manufactured homes face hurdles

With low home inventory prevalent across the country manufactured housing is more often being discussed as part of the solution. But institutional problems with financing and permits mean tough sledding for potential buyers.

Building manufactured homes involves mass-producing home parts in a warehouse then shipping the pieces to be assembled into a finished product at a...

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January 29, 2020
Bay Equity: We're here to get you home

At Bay Equity we’re all about guiding our clients to the place where they’re going to invest time and money in making memories that last a lifetime.

Recently in Avon CT Loan Officer Alyssa Caliendo (second from left) helped client Jacob Mendez close a loan on his first home. After many years of hard work the...

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January 23, 2020
Spring home shopping season starting earlier

The weather outside may be frightful but the severe shortage of homes for sale is upending the home sales calendar. It seems the 2020 spring home shopping season has already sprung!

Shoppers are modifying their strategies beginning their home searches earlier and earlier. It’s kind of come out of the blue. It used to be only...

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January 10, 2020
Everything old is new again

As the holidays finally fade into the rearview mirror it’s time to take a look at the changes coming in buying and selling homes in 2020.

Analysts are hyping a so-called “silver tsunami” of baby boomers downsizing by selling their mid-size to larger homes over the next decade. Estimates say more than 900 000 such homes...

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