Miller Samuel
APRIL 29, 2020
In our post-Coronavirus world, it is clear that market conditions and our understanding of the future are subject to change every day. In my prior post Establishing the COVID-19 Demarcation Line: From ‘Hanks To Banks’ , data that falls after the line represents a different market. So how do we determine what data falls in after the demarcation line?
Chicagoland Appraisal Blog
APRIL 29, 2020
Last week we saw some optimism as homes under contract in Chicago experienced stable increases for the 3 rd week in a row. This week the optimism continues as new listings jumped up from 78 to 125. Closed sales experienced an uptick for the 3 rd week in a row as well as listing under contract experienced an uptick for the 4 th week in a row. . It seems that home market activity in Chicago is starting to get in the groove and I expect we’ll see more activity in the month of May. .
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Simonson Real Estate
APRIL 27, 2020
I don’t need to tell you how much the world can change in 45 days. The speed at which the world as we know it is changing is astonishing. One thing that isn’t changing is our enthusiasm to deliver credible analysis for our clients while simultaneously providing guidance to our colleagues. Every day, our team has been diligently working to overcome these latest challenges and, rather than wringing our hands in fear, we’ve adapted our standard process in real-Covid-time.
Home Junction
APRIL 30, 2020
Property data providers such as Home Junction can help brokers and agents during periods when there are major changes in the local real estate marketplace. One thing we do know on a consistent basis… is that conditions never stay consistent. Market dynamics will change from time to time. Sometimes the changes are minor. Sometimes they are drastic (such as conditions created by COVID-19).
Miller Samuel
APRIL 28, 2020
This topic was explored in last Friday's Housing Notes. In order to understand what is happening now, we need to ween ourselves off of what happened before this crisis and focus on finding data exclusive to the post-COVID-19 era. In Manhattan, that data set is not yet apparent because we are in nearly a total market shut down but it is evident elsewhere to a limited degree.
Advanced Appraisal
APRIL 30, 2020
Chicago and South Suburban Appraisal Blog
REX Real Estate
APRIL 28, 2020
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