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Is the traditional spring home selling season obsolete?: A few key indicators could reveal whether the second spring with COVID-19 marks a longterm shift in the housing market's selling patterns.

Authors :
Finkelstein, Brad
Source :
National Mortgage News; Mar2021, Vol. 45 Issue 5, pN.PAG-N.PAG, 1p
Publication Year :
2021

Abstract

: A few key indicators could reveal whether the second spring with COVID-19 marks a longterm shift in the housing market's selling patterns Home sales activity in 2020 was far different than any year in recent memory, as the pandemic forced changes to traditional patterns and practices. "The housing market is unseasonably hot - it's behaving like it normally does in the spring, with plenty of demand from homebuyers", Redfin Chief Economist Daryl Fairweather said in a Jan. 15 press release. [Extracted from the article]

Details

Language :
English
ISSN :
10503331
Volume :
45
Issue :
5
Database :
Complementary Index
Journal :
National Mortgage News
Publication Type :
Periodical
Accession number :
149045509