Kerry Jackson
Kerry Jackson
REAL ESTATE UPDATE

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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

 





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  DID YOU KNOW?
Greater Los Angeles
 



   
  Buyers: More Storage Beats More Tech  
 
 










 

     
   
     









 

 

         

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  TRENDING



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Kerry Jackson 
(626) 808 2500
[email protected]
CAL DRE#: 01977527

         



       


                   

   



 
Kerry Jackson 
(626) 808 2500
[email protected]
CAL DRE#: 01977527




   



   



 
Kerry Jackson 
(626) 808 2500
[email protected]
CAL DRE#: 01977527