Real Estate News & Analysis

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Realtor.com’s restoration index rating tracks growth in on-line search activity, asking prices, time on market and new listings. A score of 100 is the same as the rating of each metropolitan real estate market in January 2020. The report compiles a “restoration index,” combining a number of market metrics and evaluating the outcomes via July 11 with January 2020 levels.

The pandemic has aggravated the housing market’s longstanding lack of provide, making a historic scarcity of houses on the market. Without the LandBank and other entities like it this island would simply be overrun with folks, automobiles, and homes, and that may still occur. The LandBank has website the place they state they do not goal locations they consider good candidates for affordable housing. Developers want to construct every thing they will …