2020

Instant Reaction: Second 2020 Q4 GDP Growth Estimates Show Residential Investment Leading the Economic Recovery

Today’s second GDP estimate for the 2020 Q4 shows the economy grew slightly higher at 4.1% than previously estimated (4% advance estimate). www.nar.realtor – Research

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All Metro Areas Saw Home Prices Rise During Fourth Quarter of 2020

Placeholder Eighty-eight percent of the metros followed (161 areas) saw double-digit price increases. Media Contact:  Quintin Simmons 202-383-1178

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Home Prices Still Soaring; Rates Closing Out 2020 at Record Lows

For all practical purposes, the year is over when it comes to mortgage rate volatility. True, there is some small chance that political developments conspire to push rates just a bit higher in the next two days, but the damage would be insignificant in the bigger picture. In other words, we’re looking at “all-time low […]

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2020 Holiday Homes

While the holiday spirit may warm hearts, the cooler temperatures create colder homes. Because of this, homebuyers must consider a variety of different environmental factors when deciding which home to purchase, in hopes to minimize the cost of comfort. www.nar.realtor – Research

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2020 Real Estate Forecast Summit

On December 10th, 2020, NAR held a virtual economic and real estate summit that provided a year-end review and outlook on the post-election real estate market and the economy. www.nar.realtor – Research

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Housing Affordability Declines in October 2020 Amid Surging Home Prices

Affordability declined in October compared to September as the median family income rose by 3.3% while the median home prices grew by 16.0%. www.nar.realtor – Research

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October 2020 NAR SentriLock Home Showings Report

The new October 2020 NAR SentriLock Home Showings Report indicates that there was a slight decrease in nationwide foot traffic on a month-over-month basis, but showings activity remain at elevated levels with respect to year-over-year activity. www.nar.realtor – Research

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Weekly Retail Update: November 20, 2020

Temporary retail store closures experienced earlier in the year have returned. www.nar.realtor – Research

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Instant Reaction: Mortgage Rates, November 19, 2020

Mortgage rates hit another record low this week for the thirteenth time this year. www.nar.realtor – Research

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Housing Affordability Declines in September 2020 as Median Family Prices Continue to Surge

At the national level, housing affordability declined in September 2020 compared to a year ago but rose compared to August. www.nar.realtor – Research

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