Existing-Home Sales Climb Record 20.7% in June
Existing-home sales rebounded at a record pace in June, showing strong signs of a market turnaround after three straight months of sales declines caused by the ongoing pandemic, according to the National Association of Realtors®
https://www.nar.realtor/newsroom/existing-home-sales-climb-record-20-7-in-june
______________________________________________________________________________________________________________
Summary of Existing-Home Sales June 2020
Each of the four major regions achieved month-over-month growth, with the West experiencing the greatest sales recovery.
(See PDF)
https://www.nar.realtor/sites/default/files/documents/ehs-06-2020-summary-2020-07-22.pdf
______________________________________________________________________________________________________________
Homes and Estates 2020 Issue 3
In need of summer inspiration? Creating personal sanctuaries in our homes, plus we cover of-the-moment topics like luxury RVs, today’s hottest golf courses and healthier luxury home products.
https://blog.coldwellbankerluxury.com/2020-issue-3/
__________________________________________________________________________________________________________
COVID-19: Inslee announces changes to phased reopenings, eviction moratorium
Gov. Jay Inslee announced changes to the Safe Start phased reopening plan and an extension on the statewide eviction moratorium on Thursday as coronavirus continues to spread around Washington State.
https://komonews.com/news/coronavirus/inslee-announces-changes-to-phased-openings-extension-on-statewide-eviction-moratorium
_____________________________________________________________________________________________________________
When will school open? Here's a state-by-state list
Find out whether schools are opening in-person, online or a hybrid option.
https://www.today.com/parents/when-will-school-open-here-s-state-state-list-t179718
______________________________________________________________________________________________________________
Seattle staycation: How to spend a weekend in Kirkland
Located just 20 minutes northeast of downtown Seattle rests Kirkland, boasting a population just over 93,000 alongside myriad coffee shops, lakeside strolls, an abundance of emerald parks and, of course, the original home of both the Seattle Seahawks and Costco.
https://www.seattlepi.com/lifestyle/travel/slideshow/what-to-see-and-do-in-kirkland-205261.php
__________________________________________________________________________________________________________
For Floating-Home Owners, Life Is But a Dream
There are two types of water-based homes. A houseboat, or live-aboard, is technically a boat that is navigable. A floating home is not. Floating homes evolved from primitive forms like slapdash shelters rigged atop wooden log rafts and used by fisherman, loggers, and boatmakers.
https://www.mansionglobal.com/articles/for-floating-home-owners-life-is-but-a-dream-141278
______________________________________________________________________________________________________________
Where are housing prices heading? Gain, then pain
In his 17 years as a Seattle real estate broker, Sam Mansour had never witnessed a marvel to match the shopping frenzy that took flight in the first days of reopening.
https://fortune.com/2020/07/17/home-prices-housing-market-preview-what-is-next-coronavirus/
______________________________________________________________________________________________________________
Low interest rates drive boom
“As we are coming out of lockdown, we see this backlog of buyers trying to take advantage of record-low rates,” says Lawrence Yun
https://www.courant.com/business/hc-hre-smooth-moves-0726-20200723-pkvwi4ge45hyrlv4c6wib3ayc4-story.html
______________________________________________________________________________________________________________
TOP 10 MOST VALUABLE CITIES IN THE UNITED STATES
People have been flocking to big cities for decades, driving the prices of residential real estate up in big cities. The COVID-19 pandemic has accelerated the work-from-home trend, which would give people the freedom to live and work from anywhere.
https://www.valuewalk.com/2020/07/top-10-most-valuable-cities-us/?fbclid=IwAR1LsEGnTMKlIx099fEmCprsWHF28eM39uuGGS8mjHWb-WyGT-lG7lO633I
______________________________________________________________________________________________________________
The Zoom social etiquette guide
The most noticeable difference between in-person socialising and the video calls we’ve had to rapidly adjust to overnight? Just how jarring the whole transition is.
https://www.bbc.com/worklife/article/20200428-the-zoom-social-etiquette-guide
______________________________________________________________________________________________________________
25 Tips for Buying Your First Home
Buying a home can be nervewracking, especially if you’re a first-time home buyer. Not only is it probably the biggest purchase of your life, but the process is complicated and fraught with unfamiliar lingo and surprise expenses.
https://www.thestreet.com/personal-finance/25-tips-for-buying-your-first-home-nw?puc=yahoo&cm_ven=YAHOO&yptr=yahoo?src=rss
______________________________________________________________________________________________________________
Coronavirus gives millennials rare home-buying opportunity
Some have been saving for a home since the end of the Great Recession
https://www.foxbusiness.com/markets/coronavirus-millennials-housing-market-opportunity
______________________________________________________________________________________________________________
How To Effectively Market Your Home In Today’s Climate
Gone are the days of freshly baked (or store-bought, no judgments) cookies in packed open houses — at least, for now.
https://www.forbes.com/sites/forbesrealestatecouncil/2020/07/13/how-to-effectively-market-your-home-in-todays-climate/#ba22c921b985
______________________________________________________________________________________________________________
Weekly Housing Market Monitor
NAR Research compiles the latest housing market data in this weekly monitor, based on what REALTORS® are seeing in their market, mortgage data, jobless claims, foot traffic, and the latest home sales numbers.
https://www.nar.realtor/research-and-statistics/research-reports/weekly-housing-market-monitor
______________________________________________________________________________________________________________
Market Hotness Index
Metro Hotness - Zip Code and County Hotness
https://www.realtor.com/research/reports/hottest-markets/
______________________________________________________________________________________________________________
HOUSING STATISTICS
Housing Statistics offers 43 different sets of data, downloadable either as Excel or PDF files (updated weekly). Housing data and primary indicators of the industry are housed in one easy-to navigate location containing historical and current sets of statistics such as: Housing Starts (by Region & Structure Type), Homes Sold by Region, Producer Price Indexes (for Building Materials), Manufactured Homes, New Home Characteristics, Residential Vacancy & Absorption Rates, Units Under Construction, Value of New Construction, and many more.
http://www.nahbclassic.org/reference_list.aspx?sectionID=819&channelID=311
______________________________________________________________________________________________________________
Economic Indicators
U.S. Census Bureau Economic Indicators
https://www.census.gov/economic-indicators/
______________________________________________________________________________________________________________
Local Market Reports
All real estate is local and every market is unique. To help REALTORS® and other housing market analysts get the most out of the plethora of data that is available, NAR Research produces a series of Local Market Reports (LMRs) which provide insights into the fundamentals and direction of the nation's largest metropolitan housing markets. Each report evaluates a number of factors affecting home prices, including:
https://www.nar.realtor/research-and-statistics/research-reports/local-market-reports
______________________________________________________________________________________________________________
CoreLogic Home Price Insights
The most geographically comprehensive and current home price index.
http://www.corelogic.com/about-us/researchtrends/corelogic-home-price-insights.aspx?WT.mc_id=crlg_151103_aHqc0&elq=d6379903117d41bcbe7b9f6a82f2189a&elqCampaignId=2692&elqaid=7659&elqat=1&elqTrackId=097f671c98fc48249757d8ddbd229326#.Vj1WlvnnuUl
______________________________________________________________________________________________________________
Bureau of Economic Analysis
U.S. Economy at a Glance
http://www.bea.gov/index.htm
______________________________________________________________________________________________________________
Mortgage Market Survey Archive
Compilation of Weekly Survey Data for 2015
http://www.freddiemac.com/pmms/archive.html
______________________________________________________________________________________________________________
Housing Economics
NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
https://www.nahb.org/en/research/housing-economics.aspx