South Region – 2020 Year End Market Report
The District of Columbia has always been in-demand, with a strong jobs market centered around government and its adjacent accouterments, but 2020 has put it over the top.
West – 2020 Year End Market Report
With lockdowns ravaging California to close the year, the housing market continued on a tear. The median sales price rose, despite persistent unemployment, which wasn’t unique to California. Read our full market report to see which states in the West outperformed and which states continued to lag.
Midwest – 2020 Year End Market Report
Despite many of the extenuating issues in the state of Illinois and the relative problems controlling COVID, Illinois has had a resurgent housing market in 2020
Northeast – 2020 Year End Market Report
Massachusetts and the broader Boston-metro area were hot before the pandemic, and COVID has only exacerbated that demand.
Sharestates 2020 3rd Quarter Report – Northeast Update
While Boston’s suburbs are on fire for some, rental woes are being seen for others in the Bay State. Melrose and Worcester break out of Q3 by being named among the Top-10 hottest real estate markets by Realtor.com. According to the report, houses are moving on an average of ~18 days, targeted by cash-conscious buyers as prices in Boston skyrocket.
Sharestates 2020 3rd Quarter Report – National Update
NYC and LA, COVID is still the name of the game in the national housing market, causing soaring demand on limited inventory as people look to face a new reality of remote work, homeschool, and the potential of another lockdown- albeit in bigger quarters.
Sharestates 2020 3rd Quarter Report – Mid-West Region
Despite having several cities on the national list of most-affordable locales (ReFi Guide), the COVID-19 pandemic has only served to worsen the outlook, and further compound problems for, Illinois.
Sharestates 2020 3rd Quarter Report – South & West Regions
California finds itself at the intersection of a continued COVID-19 surge but also surging prices. Regionally, almost all regions reported double-digit gains in sales from 2019 to 2020, and 37 of 51 counties in the state produced year-over-year home sales growth (California Association of Realtors). Additionally, 32 of those 51 counties had double-digit price increases.
Sharestates 2020 Midyear Report – Northeast Region
The Northeast real estate market to start off 2020 is being marked with tight inventory, high prices, and the fear of rent control measures.
Sharestates 2020 Midyear Report – National Trends
The housing market may actually end up looking like a “W” recovery, per CNN, as potential second lockdowns, new spikes, and high levels of unemployment continue. The market will likely shape itself around the pandemic, but uncertainty abounds.
