Buying Real Estate

HOUSING MARKET 2020 Update [USA, Las Vegas & Reno, NV] Housing Market Timing PREDICTIONS

In today’s video, I go over the 15 HOUSING MARKET INDICATORS to watch if you’re trying to time your market entry or exit points in real estate, and I update you on how they’re doing as of June 2020.

Housing indicators include—EXISTING HOME SALES, new listings, pending sales, months supply of inventory, new home building permits, interest rates, purchase mortgage applications, mortgage rate locks, unemployment, mortgage defaults, foreclosure sales, google search trends, real estate portal traffic, home showing traffic and demographics.

I discuss each of these housing indicators for the national, LAS VEGAS and RENO, NEVADA real estate markets.

I also share my thoughts on the impact of oncoming economic headwinds, TIMING on when I think the REAL ESTATE MARKET will cool, and share some personal information about being laid off and how this will impact millions of Americans like me and our national economy in the months to come.

*****GET THE HOUSING MARKET INDICATOR CHECKLIST*****
http://eepurl.com/g2YszH

*****WHAT’S YOUR HOUSE WORTH?*****
Get 3 instant valuations, no email required, works anywhere in the US: https://tinyurl.com/getmyhousevalue

*****FIND YOUR TAHOE DREAM HOME*****
https://dianecohn.realscout.com/

*****REALTOR ASSOCIATION SEARCH*****
https://www.nar.realtor/directories

*****SOURCES******
NAR Existing Home Sales, Pending Home Sales and Inventory Supply:
https://www.nar.realtor/newsroom/existing-home-sales-fall-9-7-in-may-while-nar-expects-strong-rebound-in-coming-months

Reno Sparks Association of Realtors Market Report May 2020:
https://static1.squarespace.com/static/5c798a9fda50d376157c4f6b/t/5eda96d6a435193b834a4632/1591383767325/RenoSparks+Market+Report+May+2020.pdf

Mike Del Prete New Listings and Pendings Tracker:
https://www.mikedp.com/articles/2020/4/27/the-real-estate-market-tracker

Federal Reserve Economic Data on Building Permits, Unemployment & Mortgage Defaults:
https://fred.stlouisfed.org/

Mortgage Bankers Association Purchase Application Data:
https://www.mba.org/

American Economic Institute Housing Center Mortgage Rate Lock Data:

AEI housing market indicators, June 2020

Shadowstats Unemployment Calculated by Historical Standard:
http://www.shadowstats.com/alternate_data/unemployment-charts

Black Knight Mortgage Forbearance:

Vision – The Black Knight Blog

Realty Trac Foreclosure Trends:
https://www.realtytrac.com/statsandtrends/foreclosuretrends/

Google Trends:
https://trends.google.com/trends/explore?geo=US&q=sell%20house,buy%20house,forbearance

Zillow & Realtor.com Portal Traffic from Similar Web:
https://www.similarweb.com/website/zillow.com?competitors=realtor.com

Showing Time Showing Traffic Report:

Impact of COVID-19 on Real Estate Showings in North America

*****MORE REAL ESTATE VIDEOS*****
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Housing Market Forecast 2020—HOUSING CRASH or TIME TO BUY?

6 Things to Know About MORTGAGE FORBEARANCE

Want to Retire in Puerto Rico? Cost of REAL ESTATE 2020

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What You Get for $1,000,000—INCLINE VILLAGE Lake Tahoe Nevada

*****ABOUT ME*****
I am a licensed Realtor (S.0172593) in Incline Village, NV, with Chase International, an independent, heart-centered brokerage and the Reno-Tahoe regional leader with almost $1.5 billion in property sales. Obsessively tracking the housing market and working with a handful of active clients at Lake Tahoe, my goal with this channel is to educate, entertain, and inspire people to actively pursue whatever dreams they seek.

https://chaseinternational.com/directory/agents/diane-cohn

#HousingMarket #SellAHouse #HousingCrash

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