Coronavirus Housing Market News
Escaping the City: America’s Hottest Neighborhoods of 2021
Vacation towns and suburbs outside of major coastal cities are on the rise as remote work drives Americans to seek out space, solitude and affordability during the coronavirus pandemic. Redfin’s 10 hottest neighborhoods of 2021 all have one thing in common: They’re offering American homebuyers respite from crowded, costly cities during the coronavirus pandemic. Each
Housing Market Update: Home Prices Up 15%, Pending Sales Rose 31%
December is typically the slowest month for homebuying, but the housing market is still hot.
The Housing Market Is Hotter In Counties With Fewer Coronavirus Cases Per Capita
Pending home sales were up 54% in low-intensity coronavirus counties last month, outpacing the 45% growth in high-intensity coronavirus counties. There was a similar trend in new listings. Pending home sales rose 54.1% year over year in U.S. counties with low concentrations of Covid-19 cases during the four-week period ending Dec. 1, outpacing the 45.1%
U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends
Investors and first-time homebuyers will quickly buy up an impending wave of foreclosures from homeowners saddled with debt during the pandemic More than 3.3. million of U.S. homeowners will be on the hook for delinquent payments when mortgage forbearance ends. While some of those homeowners who are overleveraged or unaware of their options will contribute
Housing Market Update: Pending Sales Return to Typical Seasonal Trend, Still Up 28% From 2019
Homebuying demand didn’t slow down during the week of Thanksgiving, but home sellers are still hard to find.
Condos Are Selling for a Record 17% Discount to Single-Family Homes as the Coronavirus Fuels Demand for Space
The desire for privacy during the pandemic is keeping a lid on condo prices, but condo sales are up 23%—on par with sales growth for single-family homes—as buyers take advantage of the discounts. The typical single-family home that sold in the U.S. this year was purchased for an average of 17.3% more ($58,000) than the
Escaping the City: America’s Hottest Neighborhoods of 2021
Vacation towns and suburbs outside of major coastal cities are on the rise as remote work drives Americans to seek out space, solitude and affordability during the coronavirus pandemic. Redfin’s 10 hottest neighborhoods of 2021 all have one thing in common: They’re offering American homebuyers respite from crowded, costly cities during the coronavirus pandemic. Each
Housing Market Update: Home Prices Up 15%, Pending Sales Rose 31%
December is typically the slowest month for homebuying, but the housing market is still hot.
The Housing Market Is Hotter In Counties With Fewer Coronavirus Cases Per Capita
Pending home sales were up 54% in low-intensity coronavirus counties last month, outpacing the 45% growth in high-intensity coronavirus counties. There was a similar trend in new listings. Pending home sales rose 54.1% year over year in U.S. counties with low concentrations of Covid-19 cases during the four-week period ending Dec. 1, outpacing the 45.1%
U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends
Investors and first-time homebuyers will quickly buy up an impending wave of foreclosures from homeowners saddled with debt during the pandemic More than 3.3. million of U.S. homeowners will be on the hook for delinquent payments when mortgage forbearance ends. While some of those homeowners who are overleveraged or unaware of their options will contribute
Housing Market Update: Pending Sales Return to Typical Seasonal Trend, Still Up 28% From 2019
Homebuying demand didn’t slow down during the week of Thanksgiving, but home sellers are still hard to find.
Condos Are Selling for a Record 17% Discount to Single-Family Homes as the Coronavirus Fuels Demand for Space
The desire for privacy during the pandemic is keeping a lid on condo prices, but condo sales are up 23%—on par with sales growth for single-family homes—as buyers take advantage of the discounts. The typical single-family home that sold in the U.S. this year was purchased for an average of 17.3% more ($58,000) than the
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