By the Numbers

See how the South did last month compared to the rest of the nation.

“Markets with stronger job creation pre-COVID are proving to have the crucial edge for real estate activity, particularly those with a strong technology sector.” — Javier Vivas, director of economic research for Realtor.com

A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

More than half of those working remotely said they would leave the city if they didn’t have to go into an office.

It seems 2020 will be a challenge for buyers – “not because of what they can afford but rather what they can find,” according to Realtor.com.

Also included in the report is the finding that millennials are generally unconcerned about qualifying for a home loan.

The rebound could mean an accelerating market nationwide.

NAR’s chief economist predicts a continued increase in sales if buyers have adequate inventory.

Two percent jump in housing starts nationwide could mean lower chance of recession

More than two-thirds of homebuyers believe housing availability getting harder.

NAR report: Selling without the assistance of an agent at a near all-time low

All 50 states saw a boost in prices last month. CoreLogic reports half of millennial homebuyers used retirement savings to help them purchase their first home.

The Fed cuts interest rates while a Commerce Department report notes recent economic growth was driven in part by the real estate sector.

NAR economist urges developers to consider converting vacant office space, shopping malls to condos to relieve housing shortage.

Research from Clever Real Estate shows no negative link between immigration and real estate sales prices.

Remodeling can mean quicker, more lucrative sales. Keep this quick guide handy to give clients the lowdown on NAR’s and NARI’s analysis.