As the following chart shows, confidence dropped dramatically when stay-in-place orders were originally mandated earlier this year. Since then, it has soared back. Looking at the three-month moving averages for HMI scores, confidence increased in every region of the country: The Northeast increased 11 points to 76 The Midwest jumped 9 points to 72 The […]
The Cost of a Home Is Far More Important than the Price
“Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.” Whenever there is a shortage in supply of an item that’s in high demand, the price of that item increases. That’s exactly what’s happening in the real estate market right now. CoreLogic’s latest Home Price Index reports […]
Two New Surveys Indicate Urban to Suburban Lean
Bottom Line No one knows if this will be a short-term trend or an industry game-changer. For now, there appears to be a migration to more open environments.
Virtual School Is Changing Homebuyer Needs [INFOGRAPHIC]
Some Highlights With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists. If you’re trying to make room for your family’s growing needs, multi-purpose rooms and dedicated workspaces may be features to consider in your next home. Let’s connect today so […]