Homebuyers Back in Full Force as Real Estate Market Heats Up
U.S. housing indicators continue to show a steady recovery despite the economic slowdown and reemerging COVID-19 concerns. CLICK ON THE HEADLINE FOR MORE
U.S. housing indicators continue to show a steady recovery despite the economic slowdown and reemerging COVID-19 concerns. CLICK ON THE HEADLINE FOR MORE
While global markets were thrown into turmoil in the early days of the outbreak, the property market, broadly speaking, has remained resilient. As of April, the median U.S. house price rose 8% year on year to hit $280,600. And that’s good news for investors. CLICK ON THE HEADLINE FOR MORE
This is not a time when real estate investors need to act fast. Better to see what timeline the virus sets. In the meantime, they can figure out where the trends will create the best opportunities once the COVID-19 nightmare is over. CLICK ON THE HEADLINE FOR MORE
According to some real estate developers and industry pros, the Fed’s interest rate cut — the first since 2008 — will make deals more profitable by lowering borrowing costs and making it easier for developers to finance projects with the biggest gain in the single-family home market. CLICK ON THE HEADLINE FOR MORE
According to a new report co-authored by economist Richard Florida, 6 in 10 working adults in South Florida struggle to afford housing–a burden especially felt hard by racial minorities. For other takeaways from the study, CLICK ON THE HEADLINE