Marco Santarelli

AUGUST 10, 2020

Austin housing market has been impacted by the pandemic which led to a decline in home sales due to critically low levels of housing inventory. After two months of sharp declines, home sales in the Austin-Round Rock MSA rebounded this June with a 9.3% In the first half of 2020, homes sales in the Austin-Round Rock MSA declined 5.2%

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Marco Santarelli

JULY 29, 2020

Things improved further in May when pending sales and new listings surged in the Portland housing market. month supply of homes for sale, which was steady with April 2020?s Portland is a very ethnically-diverse city and home to around 600,000 people. Portland is a very ethnically-diverse city and home to around 600,000 people.

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Marco Santarelli

SEPTEMBER 14, 2020

The number of homes sold within Dallas County has shown a double-digit increase of 20.7% months supply of homes for sale in Dallas County, which is well below what’s considered to be a balanced real estate market. The Metro Dallas houisng market also faces a shortage of available homes with just 2.5 as compared to last year.

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Marco Santarelli

SEPTEMBER 22, 2020

In the Chicago Metro Housing Market , which comprises of the nine counties, home sales (single-family and condominiums) were up 12.0 The city of Chicago saw year-over-year home sales increase 0.6 The city of Chicago saw year-over-year home sales increase 0.6 On average, homes in the Chicago area sell after 63 days on the market.

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Marco Santarelli

AUGUST 27, 2020

Houisng prices are at record levels, with historically low-interest rates, strong demand, and tight housing supply. According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. The inventory of homes has further decreased from last year.

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Marco Santarelli

SEPTEMBER 5, 2020

As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. We've been seeing real estate appreciation rates increasing year-over-year in the entire metro area. The demand for housing has completely outpaced the supply.

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Marco Santarelli

AUGUST 4, 2020

This housing market has been impacted by the pandemic and slumping oil prices which led to a decline in home sales down. However, the market conditions are showing some signs of improvement due to growing consumer interest and pent up demand after two months of continuous decline in sales. in home values over the next 12-months.

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