Traditionally, Presidential elections have not made much of a difference in the housing market. This one could be more impactful, according to a recent survey that found most insiders do not believe that, in the long term, it will significantly impact the market, although COVID-19-related issues could. "We expect home sales to continue to grow this...
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The Q2 2020 results of NAHB’s Home Building Geography Index (HBGI) show geographical trends of the home building industry as the novel coronavirus, COVID-19, spread quickly through the United States. Although the pandemic caused widespread economic impacts for many businesses, housing has weathered the economic storm, rebounding quickly from an April slump. Moreover, data from...
With the spread of the Coronavirus seemingly slowing down in the past week, the housing market is also offering some glimpses of hope as pending sales remained on the rise and more properties were added to the market. While the impact associated with Covid-19 will linger for the rest of 2020 and beyond, signs of...