Ingraham: Coronavirus crisis is teaching us a lot about so-called experts
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Time to Buy is Now
Interest rates are at an all time low. Home prices are flashing back to the '90s! I just wrote a contract on a 4500 sq ft home in the East Valley for under $300k with 5 bedrooms and 4 baths, pool, spa, 3 car garage, pavers, shutters etc...email me at Akersaz.com to get more info ....
Housing Market on Track to Beat Last Year’s Success Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered. Mark Fleming, Chief Economist at First American , announced last week: “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. Housing has experienced a strong V-shaped recovery and is now exceeding pre-pandemic levels.” The Economic & Strategic Research Group at Fannie Mae upgraded its forecast for home sales last week: “Housing data over the past month continued to show a strong V-shape rebound , helping drive the broader economy. Existing home sales jumped to a pace not seen since 2006…We have su