The Jersey Shore, Bend, OR, Cape Cod and other vacation destinations are heating up as the coronavirus drives New Yorkers and San Franciscans to greener pastures. Popular second-home destinations including the Jersey Shore, Cape Cod, Lake Tahoe, Palm Springs and Bend, OR are heating up and becoming full-time residences for homebuyers who have the luxury […]
Home price growth continued unabated as continued homebuying demand drove home prices up 15% from a year earlier.
Housing Market Update: 15% Price Growth Shows No Signs of Letting Up Read More »
The U.S. housing market continues to see strong demand with pending sales up 34%, driving home prices up 15% from a year earlier.
Housing Market Update: Home Prices Up 15%, Year-to-Date Sales On Par with 2019 Read More »
The value of homes in the U.S. has surged 6.7% to $31.4 trillion since February despite skyrocketing unemployment triggered by the pandemic—further widening the wealth gap in America. The total worth of U.S. homes rose 6.7% to $31.4 trillion in October from $29.4 trillion in February. This $2 trillion increase eclipses the $1.7 trillion (6.6%)
Americans Have Gained $2 Trillion in Home Value During the Coronavirus Pandemic Read More »
Over half of U.S. residents support pro-housing government programs, but only about a quarter support allowing more density in their own neighborhood.
Will either Donald Trump or Joe Biden as president be decisively better for the housing market? Not according to voter expectations shared in a recent Redfin survey.
Survey: Trump Expected to be Better for Homeowners, Biden Better for Renters Read More »
