Housing Market Updates

The Surging Real Estate Market Continues to Climb

For Buyers, For Sellers, Housing Market Updates /

\"TheEarlier 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 tracking each of the following: Housing Demand – Growth in online search activity Home […]

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Two New Surveys Indicate Urban to Suburban Lean

For Buyers, For Sellers, Housing Market Updates /

\"TwoThere 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 the issue and addressed comments made by Lawrence Yun, […]

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Have You Ever Seen a Housing Market Like This?

Housing Market Updates, Interest Rates, Pricing /

\"HaveThe year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in the housing market. Here’s a look at four key […]

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Homebuyer Demand Is Far Above Last Year’s Pace

For Sellers, Housing Market Updates, Move-Up Buyers /

\"HomebuyerHomebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, […]

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How Will the Presidential Election Impact Real Estate?

Demographics, For Buyers, For Sellers, Housing Market Updates, Interest Rates /

\"HowThe year 2020 will be remembered as one of the most challenging times of our lives. A worldwide pandemic, a recession causing historic unemployment, and a level of social unrest perhaps never seen before have all changed the way we live. Only the real estate market seems to be unaffected, as a new forecast projects […]

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Builders & Realtors Agree: Real Estate Is Back

For Buyers, For Sellers, Housing Market Updates /

\"BuildersWhen shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite is taking place. After the […]

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Forbearance Numbers Are Lower than Expected

Distressed Properties, Foreclosures, Housing Market Updates /

\"ForbearanceOriginally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely. […]

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Just How Strong Is the Housing Recovery?

For Buyers, Housing Market Updates /

\"JustThe residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at two measures that explain the resilience of […]

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