The coronavirus is fast-forwarding some of the real estate trends that were developing over the last few years. Let’s take a look at the trends that are taking hold are
Closing escrow during the pandemic: the new normal
Congratulations, home seller. You were able to find a buyer during these crazy times. Closing escrow, however, is a little different than it once was.
Realtor.com’s Erica Sweeney speaks of how
Texas housing market has another record-breaking year
For the fifth consecutive year, the Texas housing market broke records when it came to number of homes sold and median price, according to the 2019 Texas Real Estate Year
Even with higher home prices, it’s a great time to buy
Despite all the news about real estate inventory being low and prices consistently inching up, it’s still a great time to buy a home, according to a recent report by
Construction trades push jobs numbers higher
Jobs are on the rise, thanks in large part to a boost in the construction industry.
The latest jobs report from the U.S. Bureau of Labor and Statistics indicates that nonfarm
Low single-family housing inventory persist as the decade begins
Although the real estate market is healthier now than it was a decade ago, certain struggles persist. Unfortunately, low inventory levels continue to burden markets across the nation; this ultimately
Buildable lots getting more scarce in most desirable areas
The sky may be infinite and the oceans vast, but land is finite — and there is a shortage of it to build homes on, accord to a recent NAHB/Wells
Housing inventory expected to naturally free up over the next 20 years
It’s being called the Silver Tsunami. Zillow analysts report that over the 2017-2027 period, 920,000 baby boomer-held homes will be freed up yearly, with 1.17 million materializing in the succeeding
The housing market continues to see strength in 2019
As the year comes to an end, the housing market continues to build strength. Bankrate’s Natalie Campisi reports that as the third quarter of 2019 closed, home buyers were in
Single-family rentals continue to get more expensive
Apartment living has its advantages, but it seems today’s renters are opting for single-family homes instead of schlepping their bags of groceries up elevators. What else is driving more people