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What has Been the Impact of COVID-19 on the Real Estate Market?

Boston Appraisal

Welcome to 2020 with COVID-19, social distancing, self-imposed lockdown, and Zoom meetings. But as life starts a trek back to a new state of normality, it will do us good to take a look at the real estate market and measure the impact of the Corona virus and how it will affect the market in the future.

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What has Been the Impact of COVID-19 on the Real Estate Market?

Boston Appraisal

Welcome to 2020 with COVID-19, social distancing, self-imposed lockdown, and Zoom meetings. But as life starts a trek back to a new state of normality, it will do us good to take a look at the real estate market and measure the impact of the Corona virus and how it will affect the market in the future.

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iBuyers: Did COVID-19 disrupt the disruptors?

Housing Wire

Since the iBuying industry launched in 2014, billions of dollars have poured into companies created to disrupt the real estate industry and transform the way consumers buy and sell houses. The response to COVID-19. It paused its operations on March 23 due to housing market uncertainty and public health concerns.

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Key housing markets are starting to buck national trends: Redfin

Housing Wire

home sale price remains near record highs and supply stays constrained in many locales, two of the most populous states that have seen a surge in demand since the start of the COVID-19 pandemic are showing signs of a pullback. The national real estate brokerage found that the nationwide median sale price reached $420,357 in March 2024.

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4 Success strategies for mortgage originators to thrive in 2024

Housing Wire

Identify potential market impact The mortgage market is feast or famine, with origination volumes varying between high and low extremes. Mortgage originators chasing ambitious goals for the year must be vigilant in monitoring the factors that impact markets.

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For the third week in a row, mortgage rates stay at 2.73%

Housing Wire

For the third week in a row, the average mortgage rate for a 30-year fixed loan remained unchanged at 2.73%, according to Freddie Mac ’s Primary Mortgage Market Survey. New COVID-19 cases are receding, which is encouraging and that has led to a rise in Treasury rates. “New

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[PULSE] Are potential new agents holding off on entering the market?

Housing Wire

An analysis of recent real estate licensing trends released by Agent Advice this week reveals that licensing rates are beginning to recover from a precipitous drop caused by COVID-19 in March and April. That said, average monthly licensing rates are trending upwards and are likely to soon recover back to pre-COVID levels.

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