by hjadmin | Sep 28, 2020 | For Buyers, For Sellers, Housing Market Updates
Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the...
by hjadmin | Sep 22, 2020 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
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: “Newly pending sales are up 25.5% compared to the same week last year, the highest...
by hjadmin | Sep 21, 2020 | For Buyers, For Sellers, Housing Market Updates
Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months...
by hjadmin | Sep 16, 2020 | For Buyers, For Sellers, Housing Market Updates
Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by...
by hjadmin | Sep 15, 2020 | For Buyers, For Sellers, Interest Rates, Pricing
How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an...
by hjadmin | Sep 14, 2020 | For Buyers, For Sellers, Housing Market Updates
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...
