by NICK FLERLAGE | Oct 2, 2020 | Uncategorized
Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week...
by NICK FLERLAGE | Sep 28, 2020 | Uncategorized
Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months...
by NICK FLERLAGE | Sep 27, 2020 | Uncategorized
Some Highlights Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month.With...
by NICK FLERLAGE | Sep 26, 2020 | Uncategorized
Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing...
by NICK FLERLAGE | Sep 24, 2020 | Uncategorized
Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing...
by NICK FLERLAGE | Sep 21, 2020 | Uncategorized
How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their...
by NICK FLERLAGE | Sep 18, 2020 | Uncategorized
Some Highlights With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists.If you’re trying to make room for your family’s growing needs, multi-purpose rooms and...
by NICK FLERLAGE | Sep 17, 2020 | Uncategorized
One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last...
by NICK FLERLAGE | Sep 16, 2020 | Uncategorized
There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide. In a recent Realtor Magazine article, they...
by NICK FLERLAGE | Sep 14, 2020 | Uncategorized
Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it...
