When the Federal Reserve announced it was raising interest rates last week, Chairman Jerome Powell said the housing market needs to go through a “correction.”Powell said home prices rose at an “unsustainably fast level” during the pandemic, as he expressed hope that a housing market correction will make prices affordable ...
Buying a home can be exciting and stressful – all in one. That’s why to help you get through it, you find a trusted real estate agent and mortgage consultant to guide you through the journey. But what may surprise you is that other lenders who you’ve never reached out to are ...
Housing prices are dropping.After a prolonged increase in housing prices, signals are now pointing to a cooling-off period. Instead of home buyers getting excited about this possibility, many wonder if buying a house during a recession is still a wise investment.While there are some exceptions, owning a home is still ...
When Nick Weith and Damien Mordecai bought their Gowanda, New York house in 2020, the Zillow listing read “Built in 1940.” But they knew better.The boxy silhouette. The Second Empire roof. It was clearly Victorian Era. That 1940 date? It had to be a placeholder.After a deep dive into the ...
Over the last few years, purchasing a home has felt a lot like competing in a triathlon.However, instead of vying for a trophy, home buyers have duked it out for the nation's limited amount of housing inventory. Spurred on by historically low mortgage rates and the desire for larger living spaces ...
Homebuyers are taking their purchasing power back — and that means sellers no longer rule the roost.As the Federal Reserve's attempts to cool inflation boost interest rates, it's led to a slowdown in the real estate market that has shifted purchasing dynamics.Across the country, 14.9% of homes that went under ...
Data Privacy Day — held on January 28th each year — is an international effort to raise awareness about the importance of respecting privacy, protecting data, and enabling trust. Cybercrimes such as identity theft and online scams continue to take a staggering toll across the globe, with 15 million data ...
Make the new year an opportunity for growth and fulfillment, even during one of the most challenging eras for small business owners.Alykhan Jetha (AJ), an Entrepreneurs' Organization (EO) member in Toronto, is the founder and CEO of Marketcircle Inc., developer of the award-winning Daylite CRM (customer relationship manager) and productivity ...
Environmental, Social and Governance (ESG) is a hot topic in business circles. For more information on the basics of ESG, click here. Valley Bank has made ESG a priority and has dedicated resources and leadership toward the effort, including convening an ESG Council. As a regional organization itself, Valley understands the ...
More than ever, today’s consumer is focused on sustainability and will choose to patronize businesses that embrace environmental, social and governance (ESG) initiatives. A report from PwC found 80% of consumers said they were more likely to buy from a company that supports the environment, and approximately 85% of employees prefer ...
Over the past few years, women have increasingly found success as business owners – in fact research shows that in 2021 nearly half of new business owners were female, compared with just over a quarter in 2019.As a women business owner, you undoubtedly juggle endless responsibilities, which can lead to ...
Selling a business can be exciting, stressful, and life-changing all at once.Congratulations! You’ve beaten the odds, built an enduring, valuable company, and are looking to sell it. If you’re like most business owners, you’re primarily focused on working with your investment banker and M&A attorney to get the best price ...