[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f26w0scaqucfte":3,"$ffeh0925h8cuz":37,"$f2emv3tus0uf1":41,"$fbwk2pqjjqsc7":45},{"item":4,"previous":25,"next":31},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":24,"updatedAt":24},1720,"housing-market-on-track-to-beat-last-years-success","Housing Market on Track to Beat Last Year’s Success","Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F09\u002F25131708\u002F20200928-KCM-Share.jpg","Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered.\u003C!--more-->\r\n\r\nMark Fleming, \u003Cem>Chief Economist\u003C\u002Fem> at \u003Cem>First American\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fblog.firstam.com\u002Feconomics\u002Fhousing-market-potential-reaches-highest-level-since-2007\">announced\u003C\u002Fa> last week:\r\n\u003Cblockquote>\u003Cem>“Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. \u003Cstrong>Housing has experienced a strong V-shaped recovery\u003C\u002Fstrong> and is now exceeding pre-pandemic levels.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThe \u003Cem>Economic & Strategic Research Group\u003C\u002Fem> at \u003Cem>Fannie Mae\u003C\u002Fem> upgraded its \u003Ca href=\"https:\u002F\u002Fwww.fanniemae.com\u002Fresearch-and-insights\u002Fforecast\u002Frebound-continues-housing-helps-lead-recovery\">forecast\u003C\u002Fa> for home sales last week:\r\n\u003Cblockquote>\u003Cem>“Housing data over the past month continued to show a \u003Cstrong>strong V-shape rebound\u003C\u002Fstrong>, helping drive the broader economy. Existing home sales jumped to a pace not seen since 2006…We have substantially \u003Cstrong>upgraded our forecasts\u003C\u002Fstrong> for both new and existing home sales. \u003Cstrong>For 2020, total home sales are now expected to be 1.3% higher than in 2019\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThe \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR) agrees. In their last \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fpending-home-sales-rise-5-9-in-July\">\u003Cem>Pending Sales Report\u003C\u002Fem>\u003C\u002Fa>, NAR shared projections from \u003Cem>Chief Economist\u003C\u002Fem> Lawrence Yun:\r\n\u003Cblockquote>\u003Cem>“Yun forecasts existing-home sales to ramp up to 5.8 million in the second half. That expected rebound would bring the full-year level of existing-home sales to 5.4 million, \u003Cstrong>a 1.1% gain compared to 2019\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nYun’s \u003Ca href=\"https:\u002F\u002Fmagazine.realtor\u002Fdaily-news\u002F2020\u002F08\u002F19\u002Fwill-home-sales-keep-defying-expectations\">forecast\u003C\u002Fa> for 2021 was even more optimistic, stating, \u003Cem>“Home sales will ramp up again next year, increasing between 8% - 12%.”\u003C\u002Fem>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThe housing market has come roaring back and looks as though it may even surpass last year’s success.\r\n\r\nFrank Martell, \u003Cem>President and CEO\u003C\u002Fem> of \u003Cem>CoreLogic\u003C\u002Fem>, hit the nail on the head when he \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Finsights-download\u002Fhome-price-index.aspx\">said\u003C\u002Fa>, \u003Cem>“On an aggregated level, the housing economy remains rock solid despite the shock and awe of the pandemic.”\u003C\u002Fem>","\r\nThe housing market has come roaring back and looks as though it may even surpass last year’s success.\r\n\r\nFrank Martell, \u003Cem>President and CEO\u003C\u002Fem> of \u003Cem>CoreLogic\u003C\u002Fem>, hit the nail on the head when he \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Finsights-download\u002Fhome-price-index.aspx\">said\u003C\u002Fa>, \u003Cem>“On an aggregated level, the housing economy remains rock solid despite the shock and awe of the pandemic.”\u003C\u002Fem>",false,[16,20],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},6,"For Sellers","sellers","2020-09-28T10:00:36Z",{"id":26,"slug":27,"title":28,"featuredImage":29,"publishedAt":30,"contentType":10,"isVideo":14},1719,"why-pricing-your-home-right-matters-this-fall-infographic","Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F09\u002F24162128\u002F20200925-KCM-Share.jpg","2020-09-25T10:00:20Z",{"id":32,"slug":33,"title":34,"featuredImage":35,"publishedAt":36,"contentType":10,"isVideo":14},1721,"where-are-home-values-headed-over-the-next-12-months","Where Are Home Values Headed Over the Next 12 Months?","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F09\u002F28120655\u002F20200929-KCM-Share.jpg","2020-09-29T10:00:04Z",{"cover":38,"open":39,"shareSpread":40},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",{"cover":42,"open":43,"shareSpread":44},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[46,50,51,52,56,60,64,68,72,76,80,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156],{"id":47,"name":48,"slug":49},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":21,"name":22,"slug":23},{"id":53,"name":54,"slug":55},7,"Foreclosures","foreclosures",{"id":57,"name":58,"slug":59},8,"Infographics","infographics",{"id":61,"name":62,"slug":63},9,"Home 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