real estate market – Page 2 – Visionary Realty News

Silent Generation: Retiring and Downsizing

June 22, 2020June 22, 2020 blogadmin real estate market

Silent Generation: Retiring and Downsizing

Older man holding a dog and checking his cell phone

The silent generation, aged 74–94 years, made up the smallest share of buyers by age at 6% of all homebuyers in 2019, and represented 8% of sellers.

Seniors

Nearly 3 Offers Per Home Sold in May 2020

June 22, 2020June 22, 2020 blogadmin real estate market

Nearly 3 Offers Per Home Sold in May 2020

Line graph: Offers Received Per Home Sale January 2018 to May 2020

Housing market conditions improved in May, according to REALTORS® who responded to the REALTORS® Confidence Index survey.

By:

Scholastica (Gay) Cororaton

1.5 Million New Unemployment Claims; Job Losses Continuously Declining for 11 Straight Weeks

June 19, 2020June 19, 2020 blogadmin real estate market

Job Losses Continuously Declining

U.S. Map: Jobless Claims, Week Ending June 13, 2020

New unemployment claims continue to rise more slowly as some people return to work.

By:

Nadia Evangelou

May 2020 Foot Traffic Report

June 18, 2020June 18, 2020 blogadmin real estate market

May 2020 Foot Traffic Report

Line graph: Percent Change in Sentrilock Showings in May 2020 From One Year Ago

Home showings in May 2020 were still below last year’s level, but activity picked up compared to April.

By:

Brandon Hardin

Housing Affordability in April 2020

June 15, 2020June 15, 2020 blogadmin real estate market

Housing Affordability in April 2020

Line graph: Housing Affordability Index April 2019 to April 2020

At the national level, housing affordability remained promising in April 2020 compared to a year ago and rose compared to March.

By:

Michael Hyman

Younger Boomers: Longest Search for Forever Home

June 12, 2020June 12, 2020 blogadmin real estate market

Younger Boomers: Longest Search for Forever Home

Middle-aged man and a child sitting on a couch and looking at a laptop

Younger boomers searched the longest of any age group for a median of 12 weeks, and viewed a median of 10 homes.

By:

Matt Christopherson

1.5 Million New Unemployment claims; Job Losses Are Continuously Declining

June 11, 2020June 11, 2020 blogadmin real estate market

Job Losses Are Continuously Declining

U.S. Map: Jobless Claims, Week Ending June 6, 2020

New unemployment claims continue to rise more slowly as some people return to work.

By:

Nadia Evangelou

Hispanics Showed Highest Homeownership Gain Since 2012, But Face Higher Risk Ahead

June 11, 2020June 11, 2020 blogadmin real estate market

Hispanics: Highest Homeownership Gain Since 2012

Bar chart: Hispanic Hownownership Rate Improves Since 2004

The Hispanic homeownership rate has surpassed the 2004 Q2 level for each race, while it has declined for White non-Hispanic, Black, and Other Race.

By:

Scholastica (Gay) Cororaton

Younger Millennials: Mirroring Their Grandparents

June 10, 2020June 10, 2020 blogadmin real estate market

Younger Millennials: Mirroring Their Grandparents

Younger millennials, buyers aged 22 to 29 years, made up 13% of all homebuyers in 2019, surpassing the silent generation as a buying group.

By:

Matt Christopherson

It’s Not Dine-in, Carryout or Curbside, It’s Delivery-Only Ghost Kitchen

June 9, 2020June 9, 2020 blogadmin real estate market

It’s Delivery-Only Ghost Kitchen

Line graph/bar chart: Ghost Kitchen Investment Activity 2014 to 2020

The number of users of on-demand delivery services is increasing as well as the number of restaurants partnering with food delivery companies.

By:

Brandon Hardin

Commercial & Investment Real Estate, Coronavirus