Home prices in the United States have been on an upward tear over the past year and change, a trend driven by high demand for houses, stiff competition among buyers and a limited supply of properties. Newly released data from Redfin shows the national median home sale price increased 16% year over year to $361,225. […]
One of the defining features of the surging U.S. housing market during the coronavirus pandemic has been the commonality of bidding wars for homes. The trend has contributed to the staggering rate of home price increases across the country, where the nationwide median single-family existing-home sales price climbed a record 22.9% during the second quarter […]
Any assessment of the U.S. housing market over the past year and change would be remiss to leave out the unique circumstances created by the coronavirus pandemic. Soaring prices, voracious demand and sustained low interest rates have not been such powerful market forces in a vacuum. They reflect the period we’ve been living through, one […]
The frenzied state of the U.S. real estate market has been subject to analysis from practically every angle, from the rise of vacation homes in Florida to the allure of low interest rates. We’re experiencing an unusually supercharged market in the context of a pandemic that has only served to grease its wheels as buyers […]
Making smart real estate investments is all about accurately forecasting future events, even when present circumstances point to risk. Despite a virtual shutdown during first six weeks of the pandemic in 2020, the U.S. housing market bounded back into action with an unleashed glut of demand. It has been in high gear ever since, with […]
Home prices in the United States are rising at the fastest rate since 2005 and nearly half of those placed on the market go pending in less than a week. The U.S. housing market is an inferno. If you’re thinking about selling your house, logic would seemingly suggest there’s probably no better time than now, […]
The ransomware attack on Colonial Pipeline, the nation’s largest refined fuel line running from Texas to the Northeast, has sent consumers scrambling to the gas pumps in a panic over the past several days. Demand for fuel was up 32.5% on the East Coast on Monday — and AAA reported that the nationwide average gas […]
It often seems as if everywhere we look in the commercial real estate sector, the coronavirus pandemic has either plunged the market or introduced a type of lingering uncertainty that would rightfully scare off some investors. But as with anything else in life, necessity tends to drive up the value of whatever is dictated by […]
One of the hallmarks of the coronavirus pandemic has been the desolation of shopping malls and shopping centers across the country, where tenants have had to abandon their spaces as businesses scale back. The hardships facing commercial real estate are visible across the retail and office landscape, with ongoing uncertainty expected to persist through much […]
With progress picking up in the U.S. push for widespread COVID-19 vaccination, the forecast for a return to normalcy in 2021 still remains murky. One of the biggest questions hanging over the future of the American workforce is whether or not companies will make a full push to return remote employees to the office. And […]
