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Barry’s Buzz- September 2020
September 14, 2020
Washington ranked as the best state to work during the pandemic. Here’s why
September 14, 2020
Published by jlspr on September 14, 2020
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  • Industry Trends
  • Market Update
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2020’s Best Real-Estate Markets

 

Whether you’re joining the real-estate business or just looking for a place to call home, it’s important to get a handle on the housing markets you’re considering before investing in a property. This year, the housing market is in a unique situation as mortgage rates have hit record lows at a time when many Americans are struggling financially due to the COVID-19 pandemic. For those who have extra cash, buying a home now could be a golden opportunity. It is important to note that home prices have been rising on average throughout the pandemic as well, but home prices and rental rates vary widely across the U.S. based on supply and demand.

If you aim for long-term growth, equity and profit, you’ll need to look beyond tangible factors like square footage and style. Those factors certainly drive up property values. From an investor’s standpoint, though, they hold less significance than historical market trends and the economic health of residents….Read More

 

More Great Articles:
  •  Increased Buyer Demand and Low Inventory Lead to Double-Digit Growth in Home
  • Survey says now is a good time to sell a home…but it’s also a great time to buy
  • Why is the housing market thriving in a pandemic? 
  • Americans Are Ramping Up Savings in the Pandemic
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