Zillow says homes are selling at their fastest pace for 2 years

Homes are selling faster now than any time since spring 2018, a new Zillow analysis shows. It means that potential buyers should be prepared to strike quickly, and sellers who have been on the fence through the onset of the coronavirus pandemic might now want to list. Though many sellers have taken a wait-and-see approach […]

Remote working could boost home sales, experts say

As Americans increasingly take to working from home, it could start a new trend that sees people move away from pricey areas close to the office, to less expensive areas, according to a report in the Wall Street Journal. Several big technology firms, including Facebook, Square and Twitter, have already said that some employees will […]

Real estate experts say housing will make up for lost time

When coronavirus turned the economy upside down, anxiety and uncertainty about the future initially kept many homebuyers and sellers at bay. Inventory and sales have picked up over the past month, though, and a panel of housing experts and economists say the U.S. housing market hasn’t lost those missing springtime transactions for good. The Zillow […]

Pending home sales fall by 21% in April

Home sales contracts during April took a big hit due to the COVID-19 pandemic, but things are expected to pick up from here on out, according to the National Association of Realtor’s latest report. Published Thursday, the NAR’s latest Pending Home Sales Index, which is a forward-looking indicator of home sales based on contract signing, […]

Home sales are taking longer

People who’re trying to sell their home during the COVID-19 pandemic are being warned they’ll need to be a bit more patient than usual, as the process is likely to take a little longer. That’s according to the latest realtor.com survey, which found that homes are taking an average of 15 days, or 27%, longer […]

What Sellers Should Know About Real Estate Closings Right Now

Selling and buying homes right now looks a lot different than it did just a few months ago. Selling your home during the COVID pandemic presents some challenges, but it can be done.  And if you’re tired about hearing about COVID, join the club, but unfortunately, unless you’re safe and sound and home without the need […]

Young professionals drive growth in new home market

New home sales have reportedly doubled in the past couple of weeks, with millennials aged 31 to 40 driving up demand, according to new data from John Burns Real Estate Consulting. The data shows that most new home buyers are couples and individuals who’ve been looking to buy real estate for some time, and are […]

NAR says contract signings fell 16% in March

The National Association of Realtors said that contract signings fell significantly in March as many housing markets paused due to the coronavirus pandemic. The new figures came in the NAR’s latest Pending Home Sales Index, which is a forward-looking indicator based on contract signings. It said the Index fell by 20.8% in March compared to […]

New home sales hit hard by COVID-19

Sales of new homes were going strong in 2020 until the coronavirus began disrupting economic activity in the country. As a result, sales of new-built single family homes fell by 15.4% in March compared to one year ago, to just 627,000 units, according to data released Thursday from the U.S. Census Bureau and Department of […]

Now is the time to list your home, experts say

The COVID-19 pandemic may have prompted some home sellers to put off their listings and wait for better times, when restrictions on people’s movement has been lifted. But real estate experts say that in fact, now is the best time to list your home. Forbes.com reported that real estate agents are seeing unprecedented levels of […]