Housing Rebound During Pandemic Exposes The Wealth Divide
One of the troubling aspects of the coronavirus shutdowns has been that the pandemic has pulled back the curtain on the haves and have-nots. The crisis is testing resilience across all sectors of the economy, including the housing market. White-collar professionals with job security, the ability to work from home and access to cash and […]
Few Real Estate Pros Believe Senior Housing Has Hit Covid-19 Bottom
Many developers, builders and other real estate professionals believe that senior housing has not yet hit a bottom due to Covid-19. That’s according to findings from the mid-year market sentiment survey from RCLCO Real Estate Advisors. About 22% of respondents said that they believe senior housing — including independent living, assisted living and memory care […]
COVID-19 Poised to Upend Normal Seasonal Housing Trends: What Can Sellers Expect this Year?
In case you hadn’t been thinking about it, the week of April 12-18 would have been, historically, the best time to list a home for sale. We make this recommendation by studying the usual seasonal patterns in the past few years’ data, and identify the best week that optimizes for a variety of factors in […]
Housing Sentiment Takes a Hit in Reaction to Covid-19
Home purchase sentiment dropped swiftly in March, as early reactions to Covid-19 began to surface. In March, the Fannie Mae Home Purchase Sentiment Index® (HPSI) fell 11.7 points to 80.8, the lowest level since December 2016. The index which measures housing attitudes, intentions, and perceptions, using six questions from the National Housing Survey® (NHS), is a […]
