According to real estate data platform CoreLogic, homeowners with mortgages enjoyed a 20 percent jump in equity in the first quarter of 2021 over the same period in 2020. That translates to roughly $2 trillion, or about $33,000 per borrower. Read more
August 2, 2021
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In December 2020 there were 449,000 fewer homes on the market than in December 2019 — a 36.9% decrease that also marked the first time that active listings fell below 700,000, according to realtor.com records. However, sellers listed new homes for sale at nearly the same rate as the previous year — just 0.8% down year-over-year (YOY) nationally.Read more
January 18, 2021
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Though it’s clear that many New Yorkers have fled the state’s capitol, what’s more interesting is where Americans are moving to. The COVID-19 pandemic has unveiled unusual geographical trends. Read more
January 15, 2021
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2020 was a year of the unexpected. As we head into the new year, it is a time for repose, reflection and revaluation. The election is now behind us, but as COVID numbers continue to rise, the variables driving the cost of housing remain unpredictable. We'd like to hear your thoughts about how these events are impacting your business, and what you see trending as we go into 2021. Please call Greg at: (818) 254-5823. Your insights are invaluable as we strive to keep our clients informed about the state of our ever-changing market.Read more
November 6, 2020
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