Kerry Jackson
Kerry Jackson
REAL ESTATE UPDATE

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REAL ESTATE UPDATES OCTOBER 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.



Why is the Housing Market Thriving in a Pandemic?  ...

The No. 1 reason buyers are coming in is because of low interest rates.


Thanks to Telecommuting, over 2 Million Renters Can Become Homeowners  ...

Millennials and renters in expensive coastal metros will benefit the most

     
     
     
     









 
 




 
 



 





HOUSING INSIGHTS 

One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year.









 

 If remote work becomes a bona fide long-term option especially with the pandemic, that could reshape the U.S. housing market by opening up homeownership to people renting in expensive parts of the country.

-Zillow Analyst Zack Tucker

 



Stats





TRENDS







  





















     
  DID YOU KNOW?
Greater Los Angeles
 



   
  Alaska grows humongous veggies  
 
 










 

     
   
     









 

 

         

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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