by Susanne Novak | Feb 15, 2021 | Buyer Tips, Neighborhoods
Commercial real estate was somewhat depressed due to the pandemic. Residential construction on the other hand has been booming. We saw a 27% increase in single and multi-family construction in 2020 over the previous year. That’s the most activity since 2010. New...
by Susanne Novak | Feb 8, 2021 | Buyer Tips, Trends
The inventory of homes for sale has dropped by 47.3% in January as compared to a year ago. However, demand for housing has never been higher. My newest listing had 50 showings in 3 days. And more buyers scheduled to see the house yesterday. You are probably wondering...
by Susanne Novak | Jan 25, 2021 | Covid, Market Updates
The 2020 housing market broke all records. After a short interruption due to Covid related lockdowns, real estate staged a remarkable comeback in the second half of the year. Despite of Covid, Realtors sold more homes in less time at higher prices than ever before. In...