Key Trends Showing Future Real Estate Demand

Dated: September 15 2020

Views: 167

Our Founder & CEO Robert Reffkin recently joined CNBC’s Squawk Box to discuss the strength of the real estate market and the key indicators of future demand.

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The pandemic has changed the way we evaluate our homes. We’re noticing that certain features like outdoor space, home offices, and pools aren't just a passing trend — there’s real demand for these types of amenities that will extend into the fall.

Click here for the full Video

While every market is unique, here are some of the latest stats we're seeing that indicate national strength in the real estate market:

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Search traffic on our website is up 108% year-over-year, indicating strong forward buyer demand.

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National home prices are up 8% year-over-year, indicating stable and steady growth.

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Users are spending more time on our website overall, with the average duration of time spent up 19% from last year, showing that not only are there more buyers, but they're more serious about finding a property that meets their needs.

Would you like a curated look at how the market is moving in your neighborhood? 

I’d be happy to put together a custom Collection of homes in your areas so you can keep an eye on pricing trends throughout the fall. And, as always, don’t hesitate to reach out if you have any questions.

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Julie Chesne | | 773.807.8580

Chris Chesne | | 773.807.8570

🏡 Guiding you home to PEACE with integrity

#realestate #Compassagents #buyers #sellers #realestatemarket

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Julie Chesne

My goal has always been to enhance my clients’ quality of life, as well as their economic well-being, through my 25+ years of experience, superior service and dedication. My mission is to develop a ....

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