REAL ESTATE UPDATES DECEMBER 2020


		Kerry Jackson REAL ESTATE UPDATE

REAL ESTATE UPDATES DECEMBER 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.



Chances of another foreclosure crisis: zero percent		Homes are on fire, up 27% from a year ago

HOUSING INSIGHTS

Mortgage rates hit another record low for the thirteenth time this year. Following the trend of the 10-year Treasury yields, the 30-year fixed-rate mortgage fell by 12 percentage points to an average of 2.72% from 2.84%.

"A market defined by intense demand for relatively tight supply pushed both month-over-month and quarterly home value growth to levels not seen since 2005. And sales and price growth are expected to remain elevated well into 2021."

-Matthew Speakman, Zillow Economist


		DID YOU KNOW? Greater Los Angeles


	11,000 homes are sold every day in the US

TRENDING

GENERAL NEWS & VIEWS

TOP PLUMBER TIPS TO PREVENT COSTLY HOME REPAIRS

A few simple plumbing habits can save you from big headaches later.

WANT TO SAVE MONEY ON GAS? FILL UP YOUR CAR ON THIS DAY OF THE WEEK

New data suggests one day of the week tends to offer the lowest gas prices, while midweek fill-ups can cost more.

7 PLANTS GARDENING PROS PREDICT WILL BE ALL THE RAGE IN 2026

Plants are getting a fresh update in 2026, with a shift toward low-maintenance greenery, bold statement varieties, and more intentional indoor styling.

INTERESTING READS

IT SOLD FOR WHAT?! YOU MIGHT HAVE A MINI FORTUNE HIDING AT HOME

Before you donate that old box, take a second look. Some comics, toys, games, and even VHS tapes have pulled shocking prices in recent years.

FRONT YARD LIVING TRENDS THAT COULD BOOST CURB APPEAL AND VALUE

How welcoming outdoor spaces are reshaping first impressions - and potentially resale appeal

SMART WAYS TO STAY SAFE FROM TODAY’S MOST COMMON SCAMS

Practical steps to protect your money and personal information from today’s most common scams.

Kerry Jackson

(626) 808 2500

[email protected]

CAL DRE#: 01977527