2020: 10 Best Real Estate Facts Agents Need to Know

These Are the 2020 Facts Agents Need to Know for Their Careers

Regardless of COVID-19, the residential real estate market has been red hot the past year. Markets around the country have seen record numbers, including a big increase in home value and a drop in average days listed. Much of this can be attributed to an easy-money environment with historically-low mortgage rates and housing inventory. These two main conditions fueled demand to rise beyond an already-depleted supply of homes, and, as we all know from Microeconomics 101, this leads to higher home prices. That being said, while these two factors determined how the real estate market would perform in a coronavirus-filled 2020, there were other aspects that came into play. Read More

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