Remove articles vacation-home-demand-soared-in-2020
article thumbnail

Developing Housing Market Concerns

Realty Biz

After a short slump at the very beginning of the COVID-19 pandemic, the residential home market quickly recovered and prices soared most of 2020. Price increases were primarily due to ultra-low mortgage rates, strong buyer demand, and a limited number of houses for sale. million from losing their homes.

article thumbnail

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. If you're wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you're an investor, then here is some good news for you. The pent-up demand drove the home prices up 8.1

Marketing 145