What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

Ralph Santos

Let's Find Your Next Place











Ralph Santos

Healthcare Biz Brokers, Inc.

A Remarkable Recovery for the Housing Market

July 21, 2020


For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage rates driving high demand from potential buyers, homes are being purchased at an accelerating pace, and it’s keeping the housing market and the economy moving.

Here’s a look at what a few of the experts have to say about today’s astonishing recovery. In more than one instance, it’s being noted as truly remarkable.

Ali Wolf, Chief Economist, Meyers Research

“The housing recovery has been nothing short of remarkable…The expectation was that housing would be crushed. It was—for about two months—and then it came roaring back.”

Fannie Mae

“Recent home purchase measures have continued to show remarkable strength, leading us to revise upward our home sales forecast, particularly over the third quarter. Similarly, we bumped up our expectations for home price growth and purchase mortgage originations.”

Javier Vivas, Director of Economic Research for realtor.com

“All-time low mortgage rates and easing job losses have boosted buyer confidence back to pre-pandemic levels.”

James Knightley, Chief International Economist, ING

“At face value this is remarkable given the scale of joblessness in the economy and the ongoing uncertainty relating to the path of Covid-19…The outlook for housing transactions, construction activity and employment in the sector is looking much better than what looked possible just a couple of months ago.”

Bottom Line 

The strength of the housing market is a bright spark in the economy and leading the way to what is truly being called a remarkable recovery throughout this country. If you’re thinking of buying or selling a home, maybe this is your year to make a move after all.


Tags:

Featured Listings

sold
Joint Commission Hospice since 2015 in Santa Fe Springs, Low Census, 1200 Sq Ft office with a $1975/Mo (Mo-Mo Lease), contracts with Regal, Anthem, Lakeside IPA. Next survey Oct 2020. Clean agency with no billing or cap issues. Biz Ben #: 251168.
$250,000
sold
NA
beds
NA
baths
1,200
Sq Ft
listed
HHA agency near Signal Hill (LA County), CDPH Accredited, Census: 50 (50%Medicare; 50% Managed Care). Lease $4,458/Mo (Mo-to-Mo). Multiple Managed Care: United Care, Tricare and more. Software: Synergy. Sellers are retiring. Biz Ben #: 254786
$425,000
listed
NA
beds
NA
baths
2,500
Sq Ft
listed
Norwalk (LA County) HHC with a census of +/-20. Seller has access to referral sources with introductions to be made via goodwill from sale. $1,200 Lease - renews annually in October. No Billing issues. CDPH Accredited. Key employees. Biz Ben: #251625
$240,000
listed
NA
beds
NA
baths
1,100
Sq Ft
listed
Located in Bellflower, this agency is CDPH Accredited with Seller retiring due to medical reasons. Census at +/-35. Past CDPH Re-Survey June 2019! No billing issues. Relocatable. $3224.00 per month on a month to month lease. Biz Ben #253415
$325,000
listed
NA
beds
NA
baths
2,200
Sq Ft

Recent Posts

Get Started!