COVID-19 remains “wildcard” in 2021 housing market

Housing Wire

Additional lockdowns and quarantines due to COVID-19 could put a dent in housing inventory and sales, potentially slowing down the market and putting increased pressure on buyers, the forecast said. Realtor.com forecasts that 2021 will continue to be a robust seller’s market.

What bonds are telling us about the housing market

Housing Wire

Think of the markets as capitalist soothsayers. The markets react to what has the potential to make money for companies, good or bad, and what has the potential to prevent companies from making money. Also, whether they believe there will be economic and housing market growth.

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Housing market outlook for 2021…and beyond

Housing Wire

With it behind us, let’s look ahead at several housing market trends that are likely in 2021 and beyond. Get $75 off your initial membership with coupon code “intro75” The post Housing market outlook for 2021…and beyond appeared first on HousingWire.

Even with low inventory, expect a strong 2021 housing market

Housing Wire

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The post Even with low inventory, expect a strong 2021 housing market appeared first on HousingWire.

Will we have a buyer’s housing market in 2021?

Housing Wire

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. Seller’s markets, on the other hand, are on the opposite side of the spectrum.

The housing market outlook for 2021

Housing Wire

Get $75 off your initial membership with coupon code “intro75” The post The housing market outlook for 2021 appeared first on HousingWire. Magazine Mortgage Real Estate 2021 forecast Housing market outlook HWplus MBAThere is no place like home.

The Hawaii housing market heats up

Housing Wire

That trend is holding true for the housing market in Hawaii, located about 2,500 miles west of the mainland. But the rising costs aren’t deterring buyers from the Hawaii housing market, with many buying sight-unseen. “I That’s kind of the hottest market, I would say.”.

2021 housing market outlook: No signs of slowing

Housing Wire

2020 has been a remarkably strong year for the housing market. Incredibly, next year’s housing market outlook is poised to be much stronger. The market should shatter that pace in 2021, potentially hitting 6.9

Homes in Boise, Idaho are “flying off the market”

Housing Wire

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 Especially if a home has acreage, it will “fly off the market.”.

Three reasons there won’t be a 2021 housing market crash

Housing Wire

housing market bottomed and then after about nine weeks, began to climb again, with purchase applications making a full V-shaped recovery by early June. But it takes more than the housing data moderating back to trend to crash the market. 2020 came, and with it COVID-19.

What to expect from the 2021 housing market

Housing Wire

From this stronghold I have been able to see past the chaos and view the economy and the future of the housing market through the lens of my core economic principles. million, my number for an outperforming market. Here’s what I think that means for the 2021 housing market.

First-time homebuyers fueling hot Des Moines housing market

Housing Wire

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Housing inventory in the Des Moines housing market is tight.

The housing market is hot, but not in a bubble

Housing Wire

Days on market fell from 36 days to 21 days on a year-over-year basis. The housing market is hot. You may be told that future moderation indicates “cracks in the housing market, but don’t buy into it.

Knock offers Home Swap in Jacksonville, Florida, market

Housing Wire

Before expanding to Jacksonville, Home Swap opened in the Miami, Fort Lauderdale and West Palm Beach, Florida markets in early December. During that time, the company said it had plans to expand into 21 markets by mid-2021.

Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Miami Realtor Ines Flax, with One Sotheby’s International , said her housing market is heating up this winter.

Knock Home Swap expands presence in Florida market

Housing Wire

Knock ’s Home Swap solution is now available in three new markets in Florida: Homeowners in Miami, Fort Lauderdale and West Palm Beach can buy their next home before selling their current one. Knock entered the Florida market in October. with plans to expand to 21 markets by mid-2021.

2021 housing market forecast: It’s about politics, not economics

Housing Wire

At the same time, the housing market has shown surprising resilience , with price growth and home sales rising to new heights. Without renewal, our housing market forecasts show 2021 could highlight the underlying economic damage from the pandemic. housing market was spared catastrophe.

A look at Nevada’s exploding housing market

Housing Wire

As the end of the year approaches, the country is still feeling the pinch of an economic crisis amid the COVID-19 pandemic – but interestingly enough, several states are enjoying a boom in their respective housing markets. Housing Market Real Estate Featured HWplus

COVID couldn’t stop the U.S. housing market in 2020

Housing Wire

This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6% The COVID crisis of 2020 was responsible for a lot of abnormal metrics in the housing market. housing market in 2020 appeared first on HousingWire.

What Experts Are Saying about the 2021 Job Market

Keeping Current Matters

Hopefully, the recent legislation can help build a bridge to a time when vaccines are fully rolled out and the labor market can sustainably heal.”. What impact will this have on the real estate market in 2021?

Knock Home Swap solution enters the Florida market

Housing Wire

Knock Home Swap has expanded into Orlando, Florida and Tampa, Florida, its first markets in the Sunshine State. In these markets Home Swap will be offered through Keller Williams Realty of Central Florida , Keller Williams LeHeup Group and Keller Williams Suburban Tampa – The Chadwick Group.

Beware of gloom and doom housing market crash headlines

Housing Wire

I’m talking about housing market crash headlines. These dramatic peaks and valleys in the data have fed the demons of greed and fear that infest the minds our extreme housing bulls and the fierce housing market bears – leading to equally wild speculations about the future of U.S.

2021 housing market forecast: What will fuel home sales?

Housing Wire

Get $75 off your initial membership with coupon code “intro75” The post 2021 housing market forecast: What will fuel home sales? Housing Market Real Estate 2021 forecast Featured home sales HWplus migrate Migration

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Sellers Are Returning to the Housing Market

Keeping Current Matters

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers.

The 2021 housing market will be stronger than 2020

Housing Wire

This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. The 2021 housing market forecasts have focused on everything from home prices to mortgage rates. Jeff Tucker Zillow Senior Economist.

Four Expert Views on the 2021 Housing Market

Keeping Current Matters

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. Nonetheless, buyer traffic will remain strong given favorable demographics, a shifting geography of housing demand to lower-density markets and historically low interest rates.”.

JetClosing expands to Austin housing market

Housing Wire

Rockhold said Texas is a market that JetClosing is committed to due to its demonstrated lead in real estate innovation. The post JetClosing expands to Austin housing market appeared first on HousingWire. Digital title company JetClosing is opening its fifth office in Austin.

Wells Fargo continues to cede mortgage market share

Housing Wire

Wells Fargo , the second-biggest mortgage lender in the nation, continued to cede market share to nonbank rivals in the fourth quarter of 2020. It gave IMBs a 56% share of the servicing market, shrinking the depositories’ share to 42.2%.

DataTrace launches market insight platform for title companies

Housing Wire

DataTrace Information Services announced on Thursday its launch of MarketView – a platform that will provide title companies with accurate market insights including existing market share.

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Why is the housing market thriving in a pandemic?

Housing Wire

The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with a shift in how people use their homes. The post Why is the housing market thriving in a pandemic?

Housing starts report confirms housing market recovery

Housing Wire

This means we can add housing starts to our growing collection of V-shaped recovery charts for the 2020 housing market. This is essentially the perfect storm for the housing market. The post Housing starts report confirms housing market recovery appeared first on HousingWire.

Will a second lockdown cool off the red-hot Seattle housing market?

Housing Wire

What is this second lockdown going to do to the red-hot Seattle housing market? A November study from Lombardo Homes found that it was the most competitive market in the country, with 71% of homes selling in under two weeks and the average time on the market at about 10 days.

Southeastern housing markets have homes “singing out the door”

Housing Wire

Vacation areas and luxury housing markets aren’t the only ones benefitting from a wave of pandemic buyers : southeastern locales are also filling up. Homes are “singing out the door about as fast as they come on the market,” in Little Rock, Arkansas, according to Melissa Bond, a Realtor at United Real Estate – Central Arkansas. The higher end of the Little Rock market is also considerably stronger, which Bond said includes homes priced at $500,000 and above. “I

Airbnb more than doubles in market debut

Housing Wire

Airbnb shares more than doubled in its public debut on Thursday, per the Wall Street Journal, after opening trading at $146 on the Nasdaq Stock Market – higher than its initial-public-offering price of $68 a share.

Low mortgage rates impact on the housing market

Housing Wire

This is the third installment of our economist Q&A series of the top housing market forecasts for 2021 that focus on everything from home sales to mortgage rates. Frank Nothaft Executive and Chief Economist at CoreLogic.