Experts Weigh-In on the Remarkable Strength of the Housing Market America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential […]
Read the full article »Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC]
Some Highlights:
- The housing market is forecasted to finish the year with growing strength.
- Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise.
- If you’re thinking of buying or selling a home this year, let’s connect to maximize your opportunity today.
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Will We See a Surge of Homebuyers Moving to the Suburbs? As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend […]
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Homeownership Rate Continues to Rise in 2020 So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership […]
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Guidance and Support Are Key When Buying Your First Home In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is […]
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Three of the Latest Reports Show Housing Market Is Strong The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains that purchaser demand remains strong: “This month’s overall […]
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A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC]
Some Highlights
- A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis.
- Expertise and professionalism are highly valued and can save buyers and sellers time and effort along the way.
- If you’re thinking of buying or selling a home this year, let’s connect to be sure you have a trusted professional on your side.
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Home Sales Hit a Record-Setting Rebound With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of Realtors (NAR), June hit a much-anticipated record-setting rebound to ignite that […]
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