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Has the housing market peaked?

Housing Wire

This article is part of our housing market update series. It’s not time to sound the alarms, and there’s no indication that another housing market crash, circa 2008, is about to happen, but there are signs and signals everywhere suggesting that the decade-long boom in home sales may be running out of steam.

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Salt Lake City Real Estate Market & Investment Overview

Marco Santarelli

The economy is strong and the city has on of the lowest unemployment rates in the nation. The median home price in “Salt Lake County” was $378,411 in 2020, +10.5% The median home price in “Salt Lake County” was $378,411 in 2020, +10.5% Total home sales were up 5.5% Pending Sales.

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Austin Real Estate Market & Investment Overview 2020

Marco Santarelli

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% year over year to 17,043 home sales.

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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. Given the current fundamentals, real estate sales should remain strong in most U.S. Given the current fundamentals, real estate sales should remain strong in most U.S. month supply at the current sales pace.

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Boston Real Estate Market & Investment Overview 2020

Marco Santarelli

In June, the pending sales of single-family homes jumped 43.6 percent from 1,187 homes put under agreement in May, and condo pending sales climbed and even more impressive 51.7 The Boston area does not have nearly enough homes for sale to meet the demand and that’s putting extreme upward pressure on prices.

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Sacramento Real Estate Market And Investment Overview 2020

Marco Santarelli

This article has been updated to reflect recent changes in the housing market of Sacramento due to the coronavirus pandemic. In May, the median sales price decreased by 1.3% Home sales have improved consistently over the last six weeks and prices appear to be increasing as well. for the month from $400,000 to $395,000.

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San Antonio Real Estate Market & Investment Overview 2020

Marco Santarelli

Before this pandemic hit the nation, even though the San Antonio housing market had cooled off a bit, the home values were expected to climb but at a slower pace in 2020. Before this pandemic hit the nation, even though the San Antonio housing market had cooled off a bit, the home values were expected to climb but at a slower pace in 2020.

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