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Coronavirus Housing Market News

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U.S. Home Prices Up 15%, Largest Growth Since at Least 2005

Real Estate BlogBy ReallyListOctober 8, 2020Leave a comment

U.S. home prices increased 15% in the four weeks ending October 4, higher than any point on record.
The post U.S. Home Prices Up 15%, Largest Growth Since at Least 2005 appeared first on Redfin | Real…

6.5% More Americans Looked to Relocate to Red and Swing Counties than to Blue Counties in the Spring

Real Estate BlogBy ReallyListOctober 8, 2020Leave a comment

In search of affordability and space, Americans are leaving politically liberal areas for conservative places, a trend that’s more pronounced in swing states. Migration to Arizona could play a part in flipping the swing state blue…

Redfin Survey: 22% of Homebuyers and Sellers Say the Presidential Election Is Impacting Their Plans

Real Estate BlogBy ReallyListOctober 6, 2020Leave a comment

Historically, home sales have remained relatively flat during the fall and early winter of election years compared with non-election years. This year, we expect 6.2 million total home sales, 3% more than 2019
The post Redfin Survey:…

Home Prices Up 14%, But Price Growth May Wane Soon

Real Estate BlogBy ReallyListOctober 5, 2020Leave a comment

Growth in the price of new listings peaked in August, but pending sales still rose 30% during the four weeks ending September 27
The post Home Prices Up 14%, But Price Growth May Wane Soon appeared first…

Condo Prices Climb 5.4% in August, Lagging 11.9% Growth for Single-Family Homes

Real Estate BlogBy ReallyListOctober 2, 2020Leave a comment

Condos are facing relatively slow price growth as remote work, the desire for privacy and record-low mortgage rates make single-family homes more desirable during the coronavirus pandemic. But condos could make a comeback if single-family home…

Home Prices Just. Keep. Climbing. National Median Now Up 14% from Last Year

Real Estate BlogBy ReallyListSeptember 25, 2020Leave a comment

For the four-week period ending September 20, home prices were up 14%, pending sales rose 29%, and new listings were 6% higher than the same period in 2019.
The post Home Prices Just. Keep. Climbing. National Median…

New-Construction Home Listings Drop 4% in August, Reversing Course From July’s Rebound

Real Estate BlogBy ReallyListSeptember 25, 2020Leave a comment

The new-homes market is recovering—with sales on the rise—but hurdles including a lumber shortage are still hampering builders.
The post New-Construction Home Listings Drop 4% in August, Reversing Course From July’s Rebound appeared first on Redfin |…

Sacramento, Austin and Phoenix Are the Most Popular Destinations For People Searching For Homes Outside Their Metro Area

Real Estate BlogBy ReallyListSeptember 23, 2020Leave a comment

Remote work is accelerating the trend of migration away from expensive places like New York and San Francisco toward relatively affordable inland areas.
The post Sacramento, Austin and Phoenix Are the Most Popular Destinations For People Searching…

Affordable Areas Outside Big Cities Are Heating Up the Fastest As the Pandemic Changes Homebuyers’ Priorities

Real Estate BlogBy ReallyListSeptember 22, 2020Leave a comment

Relatively inexpensive areas outside major cities—like El Dorado County, just east of Sacramento, and Camden County, across the river from Philadelphia—are gaining ground with homebuyers as New York City and San Francisco lose steam.
The post Affordable…

Housing Market White Hot After Labor Day: Home Prices Up 13%, Pending Sales Up 27%

Real Estate BlogBy ReallyListSeptember 18, 2020Leave a comment

For the four-week period ending September 13, home prices were up 13%, pending sales rose 27%, and new listings were 6% higher than the same period in 2019.
The post Housing Market White Hot After Labor Day:…

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