One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. […]
Lumber prices soar; expect new home prices to follow
Lumber prices in the U.S. have steadily risen since the COVID-19 outbreak began, due to an increase in demand combined with lumber mill shutdowns. The price of lumber for September delivery rose 3.1% to an all-time high of $641.60 per […]
Must-know lessons for buying a home during the pandemic
House hunting is always a process — but in the midst of COVID-19, there are even more things to know and learn about successfully finding and buying a home. But what, exactly, are those things? What do you need to […]
Median listing price in the U.S. hits all-time high
According to realtor.com’s August 2020 Monthly Housing Trends Report, the median listing price in the US increased 10.1 percent year-over-year in August. That’s a substantial increase from the 8.5 percent year-over-year growth seen in July — and the first time […]
Video touring a home? Check these outdoor elements
Video tours are a great option for long-distance buyers and buyers who are hesitant to tour a property in person due to COVID-19 concerns. But if you’re planning a video tour and want to get a comprehensive feel for the […]
Real estate market experiences astonishing growth in July
Now that buyers are back on the market following the COVID-19 slowdown in the spring, competition for existing properties is fierce. According to recent data from the National Association of REALTORS®, in July, pending home sales were up 5.9 percent […]
Video touring a home? Let’s get a close-up of the kitchen
While COVID-related restrictions have loosened in many areas, many buyers are still wary about going to tour homes in person — and video tours are still hugely popular. Perhaps it’ll even be a permanent addition to how some people look […]
Just how strong is the Housing Recovery?
The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward […]
How working remotely is changing homebuyer needs
With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close […]
Don’t make these common home buyer mistakes
Homeownership is one of the central tenets of contemporary life. Most of us dream of a familiar, comfortable place to call our own, and buying a home is gives us our own piece of the American Dream. But until and […]
