Real Estate Rundown June 2020

June 01, 2020


In May, the real estate market showed signs of recovery from the COVID-19 pandemic. Here are some hopeful headlines and news for movers to be optimistic about.

 

Home Sellers Should Channel Patience as Time on Market Shoots Up During the Crisis

According to Realtor.com, homes are spending roughly 15 more days on the market compared to last year. Retarget these homes with pending leads!

 

Zillow predicts a 'suburban boom' in US real estate market as remote work becomes more common

Zillow surveyed Americans working from home and found that a majority would consider moving if they continued to telecommute for work. The nearby suburbs would offer affordability, larger homes, and the ability to commute into a city if necessary. If you aren’t currently, consider mailing to homeowners in a larger city near you.

 

The Real Estate Market Tracker

Check out these graphs of the difference in new listings and pending sales year-over-year in cities near you.

Homes are Still In Demand by Buyers:
Looking for real estate market data? Learn more at FMAdata.com or call 303-443-2070 today.

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