Florida Realtors’ data: Sales, median prices, new pending sales and new listings rose year-over-year. Single-family sales up 22%; condo sales up 25.3% – and in a milestone, 2020 single-family sales over last 9 months beat the same timeframe in 2019, says Chief Economist O’Connor.
Freddie Mac: The average 30-year, fixed-rate mortgage broke its all-time record low for the 11th time this year, dropping slightly from last week’s average 2.81%.
Survey: Americans, especially young adults 18-34 years old, want neighbors who politically agree with them – a variable that can become part of their decision-making.
City dwellers considering a move to the suburbs often wonder if it’s really a good decision. To find out, more are now booking two-week-plus Airbnb rentals first.
While new-home numbers are up 8% year-to-year, it’s still not enough compared to buyer demand – but an uptick in permits suggests things will get better.
Americans are buying homes. Sales rose 22% year-to-year as inventory hits a record low (2.7 months) and more than 70% of homes were on the market less than a month.