The following is an excerpt from an article published by REALTOR.com What will 2021 be like for buyers? The housing market in 2021 will be much more hospitable for buyers as an increased number of existing sellers and ramp up in new construction restore some bargaining power for buyers, especially in the second half of …
Written by Erin Spradlin and published by Bigger Pockets | December 21, 2020 Why Real Estate Investors Should Care About Remote Workers NPR is reporting 14–23 million people will be moving because they are no longer tethered to their jobs. I think this is a very important tenant pool that can help you transition out of Airbnb …
America’s New Remote Workers Are Moving—Here’s Where Read More »
Originally published by REALTOR.com | December 22, 2020 Existing-home sales fell after five straight months of increases in November, as buyers were met with a record-low number of homes for sale. Total existing-home sales dipped 2.5% from October to a seasonally-adjusted annual rate of 6.69 million, the National Association of Realtors reported Tuesday. October’s sales figure …
Existing-Home Sales Fall in November as Buyers Struggle to Find Properties Read More »
Originally published by REALTOR.com | December 7, 2020 The Realtor.com® economics team put together a list of the housing markets that are expected to sizzle next year. Wouldn’t it be great to look into the future? You could see just how quickly the world will recover from this deadly pandemic, get the winning lottery numbers—and …
Originally published by REALTOR Magazine | December 9, 2020 Home prices at all market levels are accelerating at the fastest rates in the past six years. Home prices typically decline when economic activity constricts—but not in 2020. The economic downturn resulting from the COVID-19 pandemic has coincided with a booming housing market. Existing-home prices for all …
Originally published by REALTOR Magazine | December 7, 2020 One in three American adults has transitioned to partial or full remote work during the COVID-19 pandemic, freeing them up to move further distances. NAR tracked change-of-address data from the U.S. Postal Service from March to October to determine mobility changes since the pandemic began. A …
8.9M Americans Have Moved Since the Pandemic Began Read More »
Originally published by Wolf Street | November 24, 2020 A pandemic of house price inflation. House prices jumped 7.0% across the U.S., according to the Case-Shiller Home Price Index released in later November. Other indices have indicated similar price surges. House prices are going nuts despite a terrible economy. They’re being fired up by low …
Originally published by REALTOR Magazine | December 4, 2020 This is the fourth time that the FHFA has extended protections to homeowners. The Federal Housing Finance Agency has extended its foreclosure and real estate owned eviction moratoriums for borrowers with Fannie Mae or Freddie Mac-backed mortgages until at least Jan. 31, 2021. The protections were …
FHFA Extends Foreclosure, REO Eviction Moratorium to Jan. 31, 2021 Read More »
Originally published by REALTOR Magazine | December 4, 2020 Tight housing inventories across the country mixed with strong buyer demand are causing home prices to quickly appreciate. Home buyers are taking on bigger mortgages as they compete in a fierce housing market and face higher home prices. The average home purchase loan amount reached $375,000 …
Originally published by Realtor.com | December 2, 2020 Prices are expected to jump 5.7% next year as more properties hit the market Few will be reluctant to say goodbye to 2020. With vaccines rolling out, the days of the deadly pandemic that bludgeoned the nation’s economy seem to be numbered. Good riddance! But the soaring …
Realtor.com: What To Expect in 2021’s Housing Market Read More »
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