Robert Woehrle
Robert Woehrle
REAL ESTATE UPDATES

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REAL ESTATE UPDATES AUGUST 2020

2020 has been a challenging year. With so much happening across the country, you might be wondering how the current crisis is impacting real estate trends. 

Whether you’re selling, buying or staying put, here's a roundup of the latest.



Two reasons we won't see a rush of foreclosures this fall  ...

There are two reasons we won't see a rush of foreclosures this fall: forbearance extension options and strong homeowner equity.

Thinking of Selling Your House? Now May be the Right Time  ...

Inventory is well below what was available last year, and the houses that do come to the market are selling very quickly.








Buyer's Market

Summer home buying season is off to a roaring start. As buyers flooded into the market, realtor.com® saw a million unique users in June 2020, breaking May’s record of 85 million unique users. Realtor.com®'s daily traffic also hit its highest level ever of 7 million unique users on June 25, signaling that despite the global pandemic buyers are ready to make a purchase.








 

Those currently taking advantage of the increasing affordability that comes with historically low interest rates are winning big. According to Sam Khater, Chief Economist at Freddie Mac:

“The summer is heating up as record low mortgage rates continue to spur homebuyer demand.”

  - Sam Khater, Chief Economist at Freddie Mac
 





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THOUSANDS PLANNING TO SWITCH BACK TO OLD TECH IN 2026
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PANTONE’S TONED-DOWN 2026 COLOR PICK: IS IT GOOD FOR REAL ESTATE?
2026 color pick is softer, moodier, and sparking debate. Is it a win for home design and real estate - or a tough sell?
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THE MOST COMMON PASSWORDS BY GENERATION
Some passwords never seem to go out of style — here’s what each generation uses most. If you're thinking 123456 made the list, you're right.
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INTERESTING READS


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THE WORLD'S PRICIEST & MOST OUTRAGEOUS HOLIDAY MEALS
Some of the world’s wealthiest food lovers are indulging in holiday dinners that can set you back more than a mortgage.
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FINANCIAL RESPONSIBILITY BASICS: MONEY HABITS THAT HOLD UP IN ANY MARKET
In a world of rising costs and constant money noise, a few simple habits can keep you steady, and move you toward your biggest goals.
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WHY SUPPORTING SMALL BUSINESSES MATTERS FOR OUR COMMUNITY
Shopping small isn’t just thoughtful — it fuels local jobs, strengthens neighborhoods, and helps keep communities unique.
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Robert Woehrle 
415-287-9100
[email protected]
eee2

         



       


                   

   



 
Robert Woehrle 
415-287-9100
[email protected]
eee2




   



   



 
Robert Woehrle 
415-287-9100
[email protected]
eee2