Economic data from April showed a quick decline in overall business activity across the nation. Approximately 20.5 million jobs were lost during the month, manufacturing
Danielle Hale, chief economist for Realtor.com, recently released a revised economic and housing forecast. Residential sales nationwide are expected to decline 15% in 2020 versus 2019. Larger
During the National Association of Realtors (NAR) Virtual REALTORS® Legislative Meetings held May 11-15, 2020, Dr. Lawrence Yun, chief economist for NAR, analyzed the impact of the
The economic fallout of the coronavirus pandemic continues to unfold. The impact to the nation’s job market has been quick and historic as the unemployment rate spiked
In residential markets, demand has strengthened recently as mortgage applications for a home purchase increased for the third week in a row, rising 7% from the prior
Housing starts in the USA (seasonally adjusted annual rate, SAAR) made headlines for significant declines, falling 22.3% from February to March. Both single family and multifamily starts
Editor’s Note: The content from the following article is based on a recent Real Estate Matters podcast with John Coley, broker and owner of Lake
Even as residential markets are in “peak season,” historically speaking, new listings are becoming even more scarce as some potential sellers decide to wait out
Alabama’s new construction market was on a roll leading up to the coronavirus pandemic. Much of the impact is still to be determined, and we learn a
Editor’s Note: The content from the following article is based on a recent Real Estate Matters podcast with Jonathan Goode, an associate land broker with the Southeastern
