2020 has seen much speculation that COVID-19 is driving households away from cities to lower density places in the suburbs. RCLCO looks at whether 2020 is indeed the year of the suburbs.
A new report has good news for housing construction, but will it hold through next year?
She will oversee the franchise operations of Better Homes and Gardens Real Estate, CENTURY 21 and ERA. Yannaccone also will lead the company’s efforts in the franchise and owned operations of Sotheby’s International Realty and Corcoran.
Realtors who use harassing or hate speech could face fines by the National Association of Realtors, according to a proposal approved by the NAR Board of Directors at its 2020 Realtors Conference & Expo.
With a plan to invest $640 billion over 10 years and vows to end discriminatory and unfair practices in the housing market, including “redlining,” President-elect Joe Biden’s housing policy agenda looks to protect low-income and housing-insecure households.
The latest jobs report shows improvement, with another 638,000 net job gains and the unemployment rate slashed to 6.9%.
First-time buyers contributed to 31% of September’s home sales due to record-low mortgage rates, according to the report.
Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.
The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.
Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.