All Eyes on a Post-Pandemic Housing Market

first_img The Best Markets For Residential Property Investors 2 days ago Tagged with: Daryl Fairweather Elena Cox George Ratiu Realtor.com Redfin Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago Realtor.com’s latest analysis “How the U.S. Housing Market Was Rocked by COVID-19—and Where We Go From Here,” takes a closer look at exactly how the pandemic rocked America’s real estate market over the past year.A nation kept virtually isolated and “locked-in” has created a housing market where home seekers are looking for larger suburban homes and even remote locales with the ability to work remotely.”The very nature of the pandemic, through the health implications, social distancing, and need to isolate, has really brought a central focus on the importance of home for most Americans,” said George Ratiu, Senior Economist at realtor.com. “In a sense, it has elevated real estate markets as a centerpiece of our lives.”Financial factors, combined with restricted inventory, will also come into play as the spring season begins and buyers “warm up” to again as more people are vaccinated and can socialize again, more sellers will feel comfortable listing their homes.As said recently by Redfin Chief Economist Daryl Fairweather, “This is the strongest seller’s market since at least 2006. Buyers outnumber sellers by such a huge margin that many homeowners are staying put because they know how hard it would be to find a place to move to. It seems like the only move-up buyers who are confident enough to list their homes are those who are relocating to a more affordable area where they’ll have an edge on the local competition.”And as the rollout of vaccinations continues, many are not primed to dip their toe into the housing market. Despite record-low rates, all-time-high prices are shutting out many as first-time buyers are still not on stable enough financial footing to make a home purchase.“This could all lead to an increase in home sales. Sales dipped in the early months of the crisis as stay-at-home orders were issued across the nation, but began picking up again in May,” said Elena Cox, Data Journalist for realtor.com. “From May to July, the number of completed home sales jumped from a little more than 307,000 to nearly 500,000. They dipped in the fall heading into the holidays as buyers paused their searches and whatever inventory was left on the market seemed to shrivel up. As more homes come onto the market, sales will likely rise. But buyers shouldn’t get their hopes up too high.”Key findings of the report include:Mortgage are rates expected to remain low in 2021Homebuilders will struggle to keep up with demandHome prices will continue to rise, but just not too fastClick here for more information on realtor.com’s latest analysis. in Daily Dose, Featured, Journal, News Sign up for DS News Daily Daryl Fairweather Elena Cox George Ratiu Realtor.com Redfin 2021-03-22 Eric C. Peck March 22, 2021 2,829 Views Home / Daily Dose / All Eyes on a Post-Pandemic Housing Market About Author: Eric C. Peck Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago All Eyes on a Post-Pandemic Housing Market Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: The No. 1 Way to Win a Bidding War Next: The Big Difference Between Fair and Good Credit Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. last_img read more

Walcott demands dynamic start

first_img Press Association The Gunners recorded a 10-match unbeaten league run, which was sparked by their European win away to Bayern Munich, to snatch fourth place ahead of Tottenham and with it another shot at the Champions League, with a two-legged play-off ahead next month. However, it was inconsistencies earlier in the campaign – including shock cup exits to Bradford and then Blackburn – which cost Arsene Wenger’s side. “We need to remember those moments that we had and make sure we do it from the start, because we could be challenging for anything. We could beat anyone,” Walcott told www.skysports.com. Theo Walcott has challenged Arsenal to hit the ground running if they want to mount a sustained bid for the Barclays Premier League title next season.center_img “We want that sort of fear factor, especially at the Emirates. It is quite frustrating at times, because we should have done that at the start of the season. Who knows where we would have been.” England forward Walcott, who was top scorer with 21 goals, believes if the team can get off to a flying start when the new campaign opens, then they should be confident of lasting the distance and ending the best part of a decade without silverware. Arsenal have started their summer dealings with the free transfer of France Under-21 attacker Yaya Sanogo, and more signings are expected as Wenger takes the squad out to Asia for a pre-season tour which will include matches in Vietnam and Japan. Additional funds of more than £75million are understood to be available for Wenger, should he wish to spend them. Arsenal have been strongly linked with Real Madrid’s £25million-rated forward Gonzalo Higuain, Liverpool’s Luis Suarez and Everton midfielder Marouane Fellaini, as well as Manchester United forward Wayne Rooney, although the England international now appears set to stay at Old Trafford under new manager David Moyes. Brazil goalkeeper Julio Cesar is another reported target as he is set to leave QPR. Arsenal have already moved on several fringe players such as Andrey Arshavin to ease the wage bill, with Denmark striker Nicklas Bendtner the next likely departure as he holds talks with Eintracht Frankfurt. last_img read more

Man Utd weather Spurs storm to reach 20th FA Cup final

first_imgSpurs manager Mauricio Pochettino played down the importance of winning his first silverware as a coach to back up four years of undoubted progress at Tottenham beforehand, claiming it “wouldn’t change their lives”.However, Spurs started like the side determined to make a statement. Just 11 minutes in Davinson Sanchez’s long ball picked out Christian Eriksen perfectly as Paul Pogba failed to track the Danish midfielder’s run down the right.And his cross was inch-perfect for Alli to apply the finishing touch for his 13th goal of the season.“We were dominant from the first minute and it only looked to be going one way,” added Alli. “We let ourselves down, it’s very disappointing.”In contrast to Spurs’ long wait for silverware, United are into a third final in less than two years under Jose Mourinho having won the League Cup and Europa League last season. London, United Kingdom | AFP | Manchester United weathered an early Tottenham storm to come from behind to win 2-1 and reach a 20th FA Cup final at Wembley on Saturday.Goals from Alexis Sanchez and Ander Herrera cancelled out Dele Alli’s opener and ensured that Tottenham’s decade-long wait for a trophy continues.“We want to win trophies, we have the staff that want to win. We can’t keep doing this,” said Alli. “We can’t throw it away. We have got to improve.”center_img And Herrera hailed the winning mentality instilled by the Portuguese coach.“We are in another final and we’re getting used to being in finals,” said Herrera as United look ahead to a final against either Chelsea or Southampton. “This club is all about titles and finals.”Share on: WhatsApp Pages: 1 2last_img read more

“It is better to be quiet”- Mary Kom advocates silence on Abhinav Bindra’s part…

first_imgAdvertisement 4zvNBA Finals | Brooklyn Vs0w0nWingsuit rodeo📽Sindre E2sev( IG: @_aubreyfisher @imraino ) 1qoWould you ever consider trying this?😱25tfxCan your students do this? 🌚h9Roller skating! Powered by Firework The issue between Nikhat Zareen and Mary Kom is getting complicated day by day. Nikhat Zareen openly wrote a letter to the Minister of Sports and Youth Development, Kiren Rijju few days back. The Boxing Federation of India has decided to send Mary Kom in the Olympics qualifiers in Tokyo 2020.Advertisement The young boxer Nikhat Zareen wished to have a trial bout between her and Mary Kom in the 51 Kg category of Boxing. However, the Boxing Federation of India decided not to have a trial at this moment. Mary Kom won the Bronze medal in the Women World Boxing Championship in 51 Kg category few days ago. According to the Federation, she is the ideal woman to go to the Tokyo Olympics in 2020.Advertisement The minister of Sports of Youth Development, Kiren Rijju also replied to the letter of Nikhat Zareen. According to him, it is the decision of Boxing Federation of India and the ministry should not be involved in it. Mary Kom also told the same and she asked the gold medalist shooter Abhinav Bindra to stay out of this matter. According to her, Abhinav Bindra might not know about the rules of Boxing and he would not also like to have trials before every tournament.India might send team to Pakistan for Davis Cup,will begin visa process soonAdvertisement Advertisementlast_img read more