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 23, 2020 | For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale...
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 18, 2020 | For Sellers, Housing Market Updates, Infographics
Some Highlights Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month. With homes moving from...
by hjadmin | Sep 17, 2020 | For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes,...
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...
