REAL ESTATE UPDATES SEPTEMBER 2020


		Kerry Jackson REAL ESTATE UPDATE

REAL ESTATE UPDATES SEPTEMBER 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.



Forbearance numbers are lower than expected		Remote work is changing homeowner needs

HOUSING INSIGHTS

Contract signings rose nearly 18% in the past four weeks ended August 16 from one year ago, according to NAR. Homebuying is being buoyed by low mortgage rates as the 30-year fixed mortgage rates averaged 2.96% the week of Aug 14.

For the first time this year, new listings in the past four weeks were at a level higher than one year ago, up by 4%.

With new contract signings outpacing new listings, properties were typically sold within 19 days in the past four weeks through August 16, compared to 31 days one year ago.

-NAR.com


		DID YOU KNOW? Greater Los Angeles


	National home values have risen more than 53% since 2012

TRENDING

GENERAL NEWS & VIEWS

SMART GARDEN TRICKS THAT SAVE TIME & MONEY

These can make planting, weeding, watering, and outdoor projects easier without turning your weekend into a hardware-store marathon.

"JUST HARD ENOUGH" - THE SECRET TO STAYING MOTIVATED

Before Steve Martin became a comedy legend, he spent years testing jokes, refining his act, and improving one small step at a time.

AMERICA THE TASTY: THE BEST BREAKFAST IN EVERY STATE

From beignets and bagels to breakfast tacos and hot dishes - iconic morning meals Americans love most.

INTERESTING READS

FROM EMPTY LOTS TO NEW HOMES: A NEW PATH FOR COMMUNITY HOUSING

Across the U.S., churches are turning unused land into much-needed housing, creating new opportunities for communities.

THIS COZY KITCHEN COLOR IS MAKING A COMEBACK

Plum is stepping into the kitchen spotlight, adding warmth, depth, and a cozy twist to classic neutral spaces.

PUMP UP THE JAMS FROM YOUR CHILDHOOD & RESET YOUR BRAIN

A “nostalgic reset” is all about revisiting simple habits, routines, and moments that once made life feel lighter.

Kerry Jackson

(626) 808 2500

[email protected]

CAL DRE#: 01977527