From Keeping Current Matters Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 CEO Outlook from...
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If you’re planning to buy an RCFE or ARF this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why pre-approval is key, it’s important to know...
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb....
With high turnover and an overall caregiver crisis, it’s more important now than ever to increase morale and make your staff feel appreciated, valued and respected. Rewarding those staff members who go above and beyond the call of duty can encourage others to do the same. This will improve both the staff’s and residents’ spirits. Use these perks to applaud your employees’ hard...
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit record lows, and that spurred a significant...
One of the biggest questions people are asking right now is: what's happening with care home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their care homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge is that it can be hard to understand what experts are saying when...
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a care home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove care home prices up. If you tried to buy a care home over the past two years, you probably experienced this firsthand and may...
If you’re wondering if home prices (including care home prices for RCFEs and ARFs) are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home...
If you put off your care home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes, including RCFEs and ARFs, for sale is increasing, giving buyers like you additional options. But it’s important to keep in mind that while inventory is improving, it’s still a sellers’...
Whether you’re a potential care home buyer or seller, or both, you probably want to know: will care home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, care home prices appreciated quickly. One...