Forty-two million people have filed for unemployment. But last week applications for mortgages on new homes were up 17.5% compared to a year ago. It’s a hard concept to reconcile as millions of people file for unemployment every week and protests and riots have erupted around the country after the death of George Floyd, but people are still buying […]

Low housing inventory, buyers moving to the suburbs, construction and renter affordability issues are likely to shape the course of 2021. Housing Market Expectations in 2021 The housing market continues to flourish as many buyers flock to the suburbs for more space, affordability and options that aren’t necessarily tied to an employer’s location. THE CORONAVIRUS pandemic […]

Low mortgage rates coupled with a shift to working at home are driving demand, Yun says The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with a shift in how people use their homes. “The buyers are coming in because of the low interest rates – […]