The for-sale housing market showed incredible strength in 2020, and we expect 2021 will be even stronger. Demand continues to stay high, and is expected to surge in cities as economies reopen. Annual home sales growth is expected to be the highest in almost 40 years as life and financial certainty brings more sellers into […]
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2021 Housing Market Forecast and Predictions
2021 Housing Market Forecast and Predictions 2021 National Housing Market Forecast and Predictions: Back to Normal To say 2020 was a year of surprises is an extreme understatement. What started off as a bright year for the housing market and the economy was soon derailed by a global pandemic and severe economic recession. As detailed […]
Does It Makes Sense to Sell Your House This Holiday Season?
Why It Makes Sense to Sell Your House Now If you’re one of the many homeowners thinking about taking your house off the market for the holidays, hang on. You definitely don’t want to miss the great selling opportunity you have right now. Here’s why this month is the optimal time to make sure your […]
Housing Market 2020 Forecast: Will It Crash or Recover?
Here are the updated national housing market trends—home prices, inventory, sales, and forecast. If you’re wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you’re an investor, then here is some good news for you. Given the current fundamentals, real estate sales should remain strong […]
In a hot housing market, gap between purchase price and appraiser condition ratings causes headaches
Historical data may be less apparent as market accelerates Last week, HousingWire reported surging mortgage volume and record low interest rates are putting excess pressure on appraisal turn times. This week, appraisal experts said those same variables are having a profound impact on an age-old conflict of appraisal reports versus what the market believes the […]
Moratoriums Keep Foreclosures Nearly Nonexistent
Even as mortgage delinquencies climb, foreclosure activity continues to be low. Foreclosure moratoriums ordered by federal and state governments during early phases of the pandemic likely helped to minimize the foreclosure rate, says Rick Sharga, executive vice president at RealtyTrac, a real estate data firm. “It’s inevitable that there will be a significant increase in […]
U.S. Metro Dwellers Are Increasingly Searching for Suburban Homes
Urban dwellers across the U.S. continue to show an increased appetite for suburban homes, a trend brought about by the desire for more space and the flexibility to work from home amid the coronavirus pandemic. During the second quarter of the year, 51% of home searches by urban residents of the 100 largest metro […]
DIY vs. Professional Renovation: What To Tackle Yourself And What To Leave To The Pros
It’s the question every handy homeowner getting ready to embark on a renovation asks themselves: How much can I actually do myself? If you’re willing to get your hands dirty, it may be more than you think. Curbed spoke with experts including DIY home renovators, contractors, and architects to determine the realistic DIY projects in […]
Existing-Home Sales Down 9.7 Percent in May, But NAR Expects a Strong Rebound in the Months to Come
Existing-home sales are down 9.7 percent from April to a seasonally adjusted rate of 3.91 million, according to the latest data from the National Association of REALTORS® (NAR). The dip marks three consecutive months of declines in sales as a result of the coronavirus pandemic, and a 26.6 percent drop from May 2019. All four […]
What Is Flag Day?
Discover the history of the annual holiday and check out 13 surprising facts about the American flag and how to properly display it. When the American Revolution broke out in 1775, the colonists weren’t fighting united under a single flag. Instead, most regiments participating in the war for independence against the British fought under their […]