Remove 2020 Remove Housing Market Remove Open Houses
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Denver’s housing market takes sharp turn toward buyers

Housing Wire

Since the beginning of the COVID-19 pandemic, Denver has been one of the hottest markets in the country having absorbed considerable inbound migration from California, New York, Texas, and Chicago, among other areas. According to data from CoreLogic, Denver’s average price per square foot has risen 35% since 2020.

Buyers 413
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3 mortgage industry trends that will define the rest of 2021

Housing Wire

For better or worse, trends in the mortgage industry tend to mirror corresponding trends in the overall real estate market. In addition, a vast majority of people spent more time at home in 2020 than ever before in modern history. In addition, on the real estate side, the days of having only the traditional open houses are gone.

Mortgage 518
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DataDigest: The pandemic housing frenzy never went away in these markets

Housing Wire

But there are still ultra-competitive markets in America where those conditions will simply be offset by rising prices. You may have seen a picture making the rounds on Housing Twitter and LinkedIn recently. It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey.

Marketing 351
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Real estate agents wonder if inventory levels will ever return to ‘normal’

Housing Wire

“Prior to the COVID-19 pandemic, it was normal for inventory to rise in February as the spring home sellers began listing their homes and buyers weren’t yet out in force,” Simonsen wrote in his February 13 housing market update. We are seeing some modest increases, but the pressure is still there for the buyers,” Redding said.

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Flattening The Curve And Seeing The Shift From Greed To Fear

Miller Samuel

Since the 2020 DJIA peak of February 12, 2020, of 29,551.42, the market has fallen 28.13% to 21,237.88 However, all of these housing-related workers such as appraisers and agents, are starting to see that market conditions do not include the gift that it will be "business as usual."

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Price Adjustments in this New Housing Market

Lamacchia Realty

2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic. 2020 and 2021 did see slight hills and valleys but nothing as intense as the years prior. The post Price Adjustments in this New Housing Market appeared first on Lamacchia Realty.

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How rookie agents are faring during the pandemic

Housing Wire

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. By the end of 2020 the organization’s membership had soared to 1.48 million members.

Agents 384