The February 2021 domestic market showed a slowdown in sales, as compared to January. Although as compared to February of last year, sales were up by about 9%. And, most pundits agree, that the February 2021 domestic market home sales slowdown happened in large part due to the severe winter weather that impacted much of the US. In fact, this …
Many pundits have high expectations for real estate in 2021. Also, they credit that to barometers from the last months of 2020. Add to that the indicators coming into focus for 2021. In fact, the consensus may be that we can at least expect another year of stable, domestic market activity. As a result, we can expect mortgage interest rates …
In November, much like the past several months in 2020, reports vastly concur that the domestic real estate market is doing well. And, it is doing well despite the pandemic. In fact, projections show the same performance through year’s end. Although, what drivers have brought the market through nicely? Most will agree, it’s record low interest rates, high buyer incentive …
Millions of Americans may want to know what direction the domestic real estate market is heading. And, if previous months’ indicators are accurate, it’s heading positively. In fact, home sales continue on a strong trend, in all four domestic sectors. Although, that has put pressure on new home developers to step it up. After all, existing home inventory has comes …
What’s important to note about the trends in San Mateo County real estate through August? As a matter of fact, in some areas they reflect the domestic real estate market. And, it too showed an increase in home sales, coupled with a healthy demand for housing. That includes all four domestic sectors. At the same time, mortgage interest rates remained …
For San Mateo County housing market, home sales surged in July. And, it’s not the only market seeing such a surge. In fact, the whole, July 2020 domestic housing market surged. Across the country, it trended upward, from June through July. Although, add to that lots of buyer competition. As a result, prices didn’t slip. At the same time, inventory was …
New home sales outpaced, existing home sales activity in May. And, the same was true for June. Although, June existing homes sales was up from May. It did rebound significantly, by some reports, up over 20% MoM. At the same time, the rebound hit below expectations. As result, June’s uptick was below the mark for MoM and down by about …
On a domestic level, low mortgage rates had a real impact on the housing market. And, November data affirms the rates helped revive a general slow down. In fact, data for new home sales showed an uptick to the tune of 733,000, just in October. Now, that’s only one indicator. Other months in summer and fall 2019 also showed upticks …
