Tag Archives: Real Estate Trends

Election-Year Home Sales Myths 2020

It’s an election year, so things are always different – correct?  Housing sales will be down no matter what?  Right?  The high-end market always slows – right?  Both are myths – but are they true? MythBusters was one of my favorite TV shows years ago, but analyzing these housing sales myths is not going to …Read more

Q2 2020 Commercial Real Estate Cycles – Dr Glenn Mueller

Jobs are everything to an economy.  Period.   They create effective demand for real estate – residential and commercial — enabling not just the need and want but also the ability to pay.    The U.S. just posted the largest drop in jobs in history in April 2020, shedding 22.16 million workers –which in turn triggered a …Read more

Another Top-10 (Percent) List — Best (and Worst) Cities for 1st-Time Homebuyers

The home remains the largest store of wealth for most households.  Homebuying is a complicated process – particularly for unfamiliar first-time buyers.  Still, first-time homebuyers represented one-in-three of all home sales (33 percent) according to the National Association of Realtor’s latest Annual Profile of Home Buyers and Sellers. Some cities offer better opportunities than others …Read more

Existing Home Sales June 2020 — Extraordinarily Nimble in a Catastrophic Economy

Given the record 32.9 percent plunge in U.S. GDP in Q2 2020 (advanced estimate), June 2020 existing home sales levels could be described as unexpectedly resilient, down just 11.3 percent year-over-year on a seasonally adjusted annualized rate (SAAR) according to the National Association of Realtors® (NAR).   That descriptor rises to extraordinary when viewing the  year-over-year …Read more