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A Historic Rebound for the Housing Market

Housing Market

A Historic Rebound for the Housing Market. . Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales … Continued

New Index Reveals Impact of COVID-19 on Real Estate

New Index Reveals Impact of COVID-19 on Real Estate

New Index Reveals Impact of COVID-19 on Real Estate! Earlier this month, realtor.com announced the release of their initial 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, tracking each of the following: Housing Demand – … Continued

What Are the Experts Saying About Future Home Prices?

What Are the Experts Saying About Future Home Prices?

What Are the Experts Saying About Future Home Prices? A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult. Normally, there’s a simple formula to determine the … Continued

What The Experts Are Predicting For Our Economy

What The Experts Are Predicting For Our Economy

What is happening to our economy? What’s happening in Real Estate? I know it’s a scary time and with all the negative news, but I feel it’s important to look at what the Experts are saying and base our decisions on that information.   One question we always get is ”What’s happening in the real estate … Continued

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