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    New Index Reveals Impact of COVID-19 on Real Estate

    New Index Reveals Impact of COVID-19 on Real Estate

    Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following: 1. Housing Demand – Growth in online search activity 2. Home Price – Growth in asking prices 3. Housing Supply – Growth of new listings 4. Pace of Sales – Difference in time-on-
    Three Reasons Homebuyers Are Ready to Purchase This Year

    Three Reasons Homebuyers Are Ready to Purchase This Year

    A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see graph below): Let’s break down why these are a few of the key factors motivating buyers to actively engage in the home search process, and the corresponding wins
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