top of page
Search

National Real Estate Trends & Insights

  • Writer: Tommy Weaver
    Tommy Weaver
  • Sep 28, 2020
  • 1 min read

It's hard to believe that more than 6 months into COVID-19 the demand for new, unique homes continues to increase. Here's what we're seeing across the country:

  • Mortgage rates have dropped below 3%, the lowest in history.

  • US home prices increase 5.5%, with sales of homes over $10 million up 11% YOY, according to WSJ.

Buyer Trends

  • Buyers want their very own paradise: Searches for pools have increased more than 1500% YOY.

  • Buyers want convenience: Searches for washer/dryer have increased more than 350% YOY.

  • Buyers want a personal oasis: Searches for outdoor space have increased more than 900% YOY.


While we never thought it would be possible, we're seeing rates as low as 2.87% and predict this could last well into 2022. 

 
 
 

Comments

bottom of page