Market Updates

May 27, 2020

Why This Summer Is the 2020 Real Estate Season

With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In ...

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May 21, 2020

How Do Market Conditions Favor Sellers Right Now?

Here’s how our market is shaping up as restrictions start to be lifted.

Want to sell your home? Get a home value report
Want to buy a home? Search all homes for sale

Here’s a quick look at what the real estate market is doing as things start to open ...

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Posted in Market Updates
May 14, 2020

Will the Housing Market Turn Around This Year?

Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the ...

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Posted in Market Updates
May 11, 2020

Why the Housing Market Is a Powerful Economic Driver

With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. Today ...

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Posted in Market Updates
April 15, 2020

Will Surging Unemployment Crush Home Sales?

Ten million Americans lost their jobs over the last two weeks. The next announced unemployment rate on May 8th is expected to be in the double digits. Because the health crisis brought the economy to a screeching halt, many are feeling a personal financial crisis. James Bullard, President of the ...

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April 14, 2020

Recession? Yes. Housing Crash? No.

With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession, if it’s not in one already. What does that mean to the residential real estate market?

What is a recession?

According to the National Bureau of Economic ...

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April 13, 2020

How Technology Is Enabling the Real Estate Process

Today’s everyday reality is pretty different than it looked just a few weeks ago. We’re learning how to do a lot of things in new ways, from how we work remotely to how we engage with our friends and neighbors. Almost everything right now is shifting to a virtual format ...

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April 1, 2020

We’ve Added New Tools to Help Buyers & Sellers During This Time

We at Team Gabriel have adapted so that we can still help buyers and sellers during the COVID-19 pandemic.

Want to sell your home? Get a home value report
Want to buy a home? Search all homes for sale

The COVID-19 pandemic is affecting everyone right now, but how has ...

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Feb. 14, 2020

Homeownership Rate on the Rise to a 6-Year High

Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph ...

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Posted in Buyers, Market Updates
Feb. 14, 2020

The #1 Reason to List Your House Right Now

The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy.

With early 2020 housing data ...

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Posted in Market Updates, Sellers