What could the spring 2021 housing market have in store?

hand holding a picture of a home

Many families were caught financially unprepared with the sudden onset of the pandemic.  What seemed foreign and far away became domestic and close to home. The World Health Organization declared a global pandemic on March 11, and President Donald Trump announced a national emergency on March 13. Shelter-in-place directives proliferated across many communities and open houses canceled. The once-promising 2020 spring home-buying season, possibly the best since before the Great Recession, was slowed to a snail’s speed. The U.S. unemployment rate spiked from a 50-year low of 3.5% in February to an 80-year high of 14.7% in April.

The speed of the housing recovery from April’s trough has been impressive. The rebound was supported by accommodative fiscal and monetary policy. The sudden loss of income triggered by the pandemic was partly muted by an income tax refund for eligible taxpayers, enhanced unemployment insurance payments for laid-off workers, and small business

Read More

‘Fall seems to be new spring:’ S.I. real estate listings, sales jump in September

STATEN ISLAND, N.Y. — At a normally slower time for residential real estate, Staten Island’s housing market saw an uptick in sales and listings in September, according to the latest statistics from the Staten Island Board of Realtors (SIBOR).

At a time of year that would normally signal a slowing of activity in the residential sector, new listings for homes on Staten Island increased 15.5% to 678 in September, as compared to 587 in the same month a year ago, according to SIBOR. In addition, pending sales were up 77.4% to 582, versus 328 in September 2019.

During this time, homes for sale fell 15% to 2,191 units, from 2,579 a year ago.

“The Staten Island real estate market is still rebounding from the COVID-19 shutdown,” said Sandy Krueger, CEO of SIBOR. “Sales are being made across the market spectrum as demonstrated by the median sales price of homes on

Read More

Property Binding In Spring Boot 2.zero

Selecting the best manager on your property can promote your actual estate funding and even break it. You discover managers in all parts of the market and it is very important inform the great other than the unhealthy. Most legal systems distinguish between different types of property, especially between land ( immovable property , estate in land , real estate , actual property ) and all other forms of property—goods and chattels , movable property or personal property , including the worth of authorized tender if not the legal tender itself , because the manufacturer relatively than the possessor is perhaps the proprietor.

Over the course of weeks, The Seattle Times collected a whole bunch of emails, telephone calls and responses on social media from people like Hall, many of whom recognized as retired or disabled, saying they’ve limited options for paying the heftier quantities.

An easement is the suitable, … Read More