August 2020 Foot Traffic

Mon, 21 Sep 2020 16:31:13 +0000

August represents the second month of increasing nationwide foot traffic, with home showings for three of the four regions seeing increases in year-over-year activity, according to data from SentriLock®, LLC, a lockbox company.

https://www.nar.realtor/foot-traffic/august-2020-foot-traffic

New Unemployment Claims Decreased to Their Lowest Level Since the Beginning of the Pandemic

Mon, 21 Sep 2020 15:06:36 +0000

New jobless claims totaled 790,021 in the week ending September 12, a decrease of nearly 9% from the previous week. Compared to late March, the number of weekly claims has come down substantially stabilizing below 1 million for the seventh straight week.

https://www.nar.realtor/blogs/economists-outlook/new-unemployment-claims-decreased-to-their-lowest-level-since-the-beginning-of-the-pandemic

Instant Reaction: Mortgage Rates, September 17, 2020

Thu, 17 Sep 2020 15:31:18 +0000

Mortgage rates have stabilized near record lows but rates could fall even further this year. The 30-year fixed-rate mortgage inched up to an average of 2.87% this week from 2.86% the prior week.

https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-september-17-2020

Landlord Statistics from the 2018 Rental Housing Finance Survey

Tue, 15 Sep 2020 15:47:20 +0000

Understanding the profile of landlords is important because any policy pertaining to renters also impacts landlords and their ability to provide rental housing supply.

https://www.nar.realtor/blogs/economists-outlook/landlord-statistics-from-the-2018-rental-housing-finance-survey

Housing Affordability Drops Modestly in July 2020 as Median Family Prices Reach All Time High

Mon, 14 Sep 2020 19:12:25 +0000

At the national level, housing affordability showed signs of improvement in July 2020 compared to a year ago but dipped compared to June.

https://www.nar.realtor/blogs/economists-outlook/housing-affordability-drops-modestly-in-july-2020-as-median-family-prices-reach-all-time-high

September 2020 Commercial Market Insights

Mon, 14 Sep 2020 18:24:50 +0000

An examination of workers in the office and remote workers and an analysis of food delivery service and revenues indicate that the demand for commercial real estate is moving toward new norms.

https://www.nar.realtor/commercial-market-insights/september-2020-commercial-market-insights

New Claims for State Unemployment Benefits Increased Last Week

Fri, 11 Sep 2020 15:27:16 +0000

Unadjusted new jobless claims totaled 857,148 in the week ending September 5, an increase of 20,140 (2.4%) from the previous week.

https://www.nar.realtor/blogs/economists-outlook/new-claims-for-state-unemployment-benefits-increased-last-week

Instant Reaction: Mortgage Rates, September 10, 2020

Thu, 10 Sep 2020 17:35:49 +0000

With these ultra-low mortgage rates, the real estate market is recovering faster than expected from the pandemic.

https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-september-10-2020

Characteristics of the Unemployed Across the Country

Thu, 10 Sep 2020 16:40:18 +0000

From the beginning of the lockdown in mid-March to the latest week, there have been nearly 58 million Americans who have been laid off.

https://www.nar.realtor/blogs/economists-outlook/characteristics-of-the-unemployed-across-the-country

Lisa Cromwell, REALTOR®
RE/MAX Premier
602 S King St Ste 202
Leesburg, VA 20175
Direct:
© 2020 Lisa Cromwell, Realtor®
© 2020 Lisa Cromwell, Realtor®
 
RE/MAX Premier is an independently owned and operated real estate brokerage with five offices throughout Loudoun and Fairfax Counties to better serve you!
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