September 10, 2020

Sales of large homes are up.

Mortgage origination volume projected to hit $3.4 trillion this year — the highest level since ’03 [7] 

Sources:

[1] Redfin, August 2020.

[2] National Association of Home Builders, Home Building Geography Index, Q2 2020.

[3] Natio...

August 12, 2020

Housing shows strength, despite broader economic decline.


Sources:

[1] National Association of Realtors® (NAR), Existing-Home Sales, June 2020.

[2] U.S. Census Bureau, HUD, Monthly New Residential Sales, June 2020.

[3] NAR, Pending Home Sales Index, June 2020.

[4] U.S. Cen...

July 16, 2020

Out of the concrete jungle and into the 'burbs.


Sources:

[1] Redfin.com Search Data, April-May 2020.

[2] Realtor.com®, ”Housing Market Rankings in Suburban Communities Outpaced Urban Areas in May.“

[3] The Harris Poll COVID-19 Tracker, April 25-27, 2020.

[4] Brookings Metr...

June 17, 2020

Signs the tide is turning.

Homebuyer demand is now higher than before the pandemic[1]

Up 25% week ending June 7


Sources:


[1] Redfin Seasonally Adjusted Homebuyer Demand Index, week ending June 7, 2020.

[2] Fannie Mae Home Purchase Sentiment Index® (HPSI), May 2020.

[3] Nat...

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