If you are one of the buyers holding off the last few years of housing appreciation, then the news that the Valley housing seems to be immune to Covid-19 is not good. But no worries, today’s low rates are wiping away years of appreciation in the housing market nation wide. THE MARKET DATA YOU READ […]
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COVID-19 is causing a build-up of pent up demand that will undoubtedly return with some gusto when travel restrictions are lifted and a level of stability returns.
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Obviously anything can happen in an uncertain and disrupted world, but a fall in home prices is still looking very unlikely from today’s numbers.
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THE REPORT MIRRORS THE NATIONAL ASSOCIATION OF REALTORS INDICATING AN INCREASED DEMAND FOR HOUSING, WITH MORE INTERESTED BUYERS THAN ACTIVE SELLERS. WHILE INVENTORY MAY BE INCREASING, THERE IS STILL A SHORTAGE OF SUPPLY
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