Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer ... » Learn More about A Return to ‘Normal’? The State of Real Estate in 2022
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While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March last year, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to ... » Learn More about Is the Real Estate Market Going to Crash?
“2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said.1 And he’s right: most of us would have expected the housing market to suffer from circumstances like a ... » Learn More about The New Normal: A Strong Housing Market Expected to Continue into 2021