This presentation covers both sides of the concerns about home values plunging because of the effects of the pandemic on the economy. Suze says don't buy a house until later this year because there could be foreclosures, and David points out that the CARES Act already...
One of the more-accurate forecasters is predicting that home prices will start dropping: Strong home purchase demand in the first quarter of 2020, coupled with tightening supply, has helped prop up home prices through the coronavirus (COVID-19) crisis. However, the...
Our coronavirus showing disclosure form changes every week (sometimes multiple changes per week) and now it's literally up to EIGHT pages long. Every buyer has to sign a new form for every house they want to see, in advance, and by electronic signatures only. But it...
I drew this up on April 15th. The market has been heating up nicely since. Let's modify the chart by making all of June a hot zone, with a breather around 4th of July!
We are #24 on the Top 30 markets to be affected by the coronavirus, which is pretty far down the list - and we're still relatively affordable when compared to other higher-end areas. For those who are thinking of moving to a more affordable area and aren't affected by...
At least this was based on a survey, rather than ivory-tower speculation: Where people choose to live has traditionally been tied to where they work, a dynamic that through the past decade spurred extreme home value growth and an affordability crisis in coastal job...
I called it a Stunning Recovery on Monday, and they used the same words today. Coincidence? 🙂 Hat tip Mitch! If mortgage demand is an indicator, buyers are coming back to the housing market far faster than anticipated, despite coronavirus shutdowns and job losses....
The drone video tour: Here's a snapshot of the coronavirus market - there are plenty of lookers:
The leaders of Kayla's real estate team will be speaking with America's most famous appraiser today at 3pm. There will be a NYC-focus, but I've heard all three of these speakers before and it will be worth a listen: Join us and guest speaker, Jonathan J. Miller,...
Home sales are likely to plummet, and take a while to come back. When will the market start up again? It will depend on which channel you watch. Excerpted from this article from Fox Business - hat tip GW:...
