Trends
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Empty commercial space is a looming crisis. What if all that unused real estate were converted to housing?
A new report from CoreLogic shows higher-priced rentals returned to 2019 growth rates while the lower-priced tier continues to lag.
“COVID-19 cases are on the rise and there is increasing likelihood of a further impact on economic activity, which may trigger a corresponding increase in unemployment in impacted industries,” says First American Chief Economist Mark Fleming.
While home sales continued to evade the seasonal decline, buyers and sellers took a breather last week as COVID-19 cases spiked and the nation focused on the presidential election, according to realtor.com’s Weekly Housing Report.
A new report from NAR points to changes in homebuyer and home seller behavior brought about by the pandemic.
It was a good October for Georgia home sales. Check out Georgia MLS’s October 12-County Housing Market Snapshot report.
The biggest changes were found in mortgages that are in serious delinquency, meaning those that are at least 90 days delinquent.
The decision to rent or to buy was once a question of finances and lifestyle preferences, but the coronavirus pandemic has added yet another complex layer to the equation for many Americans.
First-time buyers contributed to 31% of September’s home sales due to record-low mortgage rates, according to the report.
The third quarter was like a game of musical chairs for many who are abandoning large cities for more affordable areas of the country. See what’s happening in Atlanta.
Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.
Another 16% of U.S. residents would consider leaving the country if their candidate loses, up from 9% in 2016.
The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.
A new report from Coldwell Banker Global Luxury captures the changing demographics and preferences of luxury buyers.
“It’s almost as if the housing market and the overall economy are operating in different worlds.” — Todd Teta, chief product officer at ATTOM Data Solutions
“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.
