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Predictions about the 2021 Housing Market

With 2021 right around the corner, MReport released an article highlighting experts’ anticipations for the housing market next year. The National Association of Realtors recently released a report with their outlook on the economy and housing market for 2021. The report included predictions from over 20 economic and housing experts. According to the report, experts
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8 Tips to Declutter your Home

Has the pandemic caused your hoarding habits into overdrive? According to a Realtor.com article, you are not the only one who has been compiling piles of random items “just in case”. Realtor.com spoke with home organization experts and came up with eight tips to declutter your home. The first tip is to go through your
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Which cities are the safest?

There has been a rise in safety concerns across the country, including increases in COVID-19 cases, wildfires, hurricanes, and other natural disasters. In addition, issues such as crime and financial safety are still relevant in densely populated areas. A recent MReport highlights data from a study conducted by WalletHub. The article analyzes data from 182
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Americans Moving to High-risk regions

According to a recent MReport, wildfires are not deterring Americans from moving to high-risk regions. The report discusses data from a recent ClimateCheck study on wildfires in the western states. The historic wildfire season left thousands of homes ruined and burned millions of acres. The study predicted that there will be increased levels of wildfire
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Renter population Vs. homeowner population

According to a recent MReport, the population of American renters has declined from 111 million to 109 million since 2015. Data released in September of 2020 from the U.S. Census stated that the population of homeowners has increased in recent years, reaching roughly 213 million. A recent study conducted by rentcafe.com reveals how the populations
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Optimistic reports from buyers and sellers

According to a recent MReport, consumers in October had a more optimistic view of both buying and selling homes. Consumers also reported a less positive outlook on personal finances and employment. MReport made these conclusions from a survey conducted by Fannie Mae’s Home Purchase Sentiment Index. Doug Duncan, the Senior Vice President and Chief Economist
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Older Adults’ Access to Housing

According to a recent MReport and a collaborative study conducted by Harvard Joint Center for Housing Studies and AARP PublicPolicy Institute, a generation’s desire to “age-in-place” has created a need for policymakers to assess how well they are meeting the needs of homeowners at this life stage. Senior Research Associate at Harvard, Jennifer Molinsky, wrote
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Economic recovery in minority households

According to a recent MReport, people and neighborhoods of color are disproportionately suffering from the COVID-19 fallout. Even after months of housing policy intervention, such as eviction and foreclosure bans at both state and federal levels, people of color are struggling to recover from the pandemic. The report discovered this information from Urban Institute research
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Increase in existing home sales

According to a recent MReport and a National Association of Realtors report, existing home sales increased quite a bit in September. The median price that existing homes sold for in September was $311,800. This was 14% higher than the median price in September of 2019. The NAR’s report looked at the sales of existing single
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Where does generation z want to live?

A recent MReport and LendingTree study revealed that Generation Z is beginning to shop for homes, despite the ongoing pandemic. The study conducted by LendingTree analyzed the most popular destinations for Gen Z buyers and other home buying behaviors. The LendingTree report stated, “Gen Zers comprise just under 10% of potential homebuyers in any of
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Hurricane delta property damages

Hurricane Laura was the most intense storm to hit the northwestern gulf coast area since 1856. Only a few weeks after Hurricane Laura hit, Hurricane Delta made landfall near Creole, Louisiana. Delta, a mid-cat 2 storm, hit Louisiana on Friday. According to a recent MReport and CoreLogic, there was $.8 to $1.5 billion additional damages
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Female heads of households being impacted by pandemic

According to a recent MReport, female heads of households are getting hit harder by COVID-19 than males. The MReport reviewed data from a Zillow report that stated working women are being far more negatively impacted by the pandemic. The report revealed that there is a large disproportion between men and women as they face housing