Housing Market Updates Archives - Page 22 of 45

Rising Home Equity Can Power Your Next Move

October 2, 2020 - General Information

Some Highlights According to CoreLogic, homeowners across the country are gaining significant equity. Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth. If you’re ready to sell your house and begin looking for [...] Read More

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Monica Foster October 2, 2020

Where Are Home Values Headed Over the Next 12 Months?

September 29, 2020 - General Information

As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation [...] Read More

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Monica Foster September 29, 2020

Housing Market on Track to Beat Last Year’s Success

September 28, 2020 - General Information

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 [...] Read More

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Monica Foster September 28, 2020

Home Builder Confidence Hits All-Time Record

September 23, 2020 - General Information

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 [...] Read More

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Monica Foster September 23, 2020

Is the Economic Recovery Beating All Projections?

September 21, 2020 - General Information

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 [...] Read More

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Monica Foster September 21, 2020

Homes Across the Country Are Selling Fast

September 18, 2020 - General Information

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. [...] Read More

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Monica Foster September 18, 2020

How Low Inventory May Impact the Housing Market This Fall

September 17, 2020 - General Information

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 [...] Read More

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Monica Foster September 17, 2020

The Surging Real Estate Market Continues to Climb

September 16, 2020 - General Information

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 [...] Read More

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Monica Foster September 16, 2020

Two New Surveys Indicate Urban to Suburban Lean

September 14, 2020 - General Information

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 [...] Read More

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Monica Foster September 14, 2020

The Latest Unemployment Rate Fell to 8.4%

September 9, 2020 - General Information

Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though [...] Read More

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Monica Foster September 9, 2020

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