Category: Market Trends

Experts Discuss the Strength of the Housing Market

America has had a very challenging 2020. A global pandemic, a financial crisis with millions still unemployed, and an upcoming presidential election. Despite all these issues, the real estate market shows resilience and strength. Here is what the experts are saying. Ivy Zelman, CEO of Zelman & Associates: “Whether in terms of pending contract activity […]

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Homeownership Rates Rise in 2020

2020 has been quite the year. From COVID-19 to historically high unemployment rates and finally the economic recession. Despite all these challenges, the homeownership rate rose in quarter 2 of 2020. Americans are still confident about buying a home even during the crisis. The U.S. Census Bureau said: “The homeownership rate of 67.9 percent was 3.8 percentage […]

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Guidance is Most Important When You Are A First-Time Homebuyer

First time homebuyers made up 35% of the homebuyers in the month of June. This trend is building and steadily increasing through the year. The National Association of Realtors says: “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 now trending […]

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Housing Market is Strong

The country is still struggling with COVID-19, however the real estate market is resilient. Three reports were recently released showing the housing market is growing. 1. Ivy Zelman’s Real Estate Broker Survey This survey showed that buyer demand is high: “This month’s overall homebuyer demand rating…was easily the strongest sequential gain in our survey history…Strength continues to […]

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Real Estate Leader in Best Investment Poll

Gallup conducts an annual survey to poll Americans on what their best long-term investment is. The choices are: real estate, stocks & mutual funds, gold, savings/CDs, or bonds. Real estate is the leader in the survey for the 7th year. According to Gallup: “Real estate remains the most favored investment to Americans, as has been […]

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Are You Ready for the Summer Housing Market?

Normally Spring is a very busy season for the real estate market. This year things have been quite different. As the COVID-19 pandemic spread, many sellers were cautious about listing their homes for sale. They were afraid about people coming into their homes for showings. They are also concerned with getting low offers since there […]

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