The latest Dallas Real Estate Market Report is given below. The demand and sales have been climbing at a feverish pace in the Dallas housing market for more than two years now. The market started cooling off in the last quarter of 2019 and remains cold as of now. Dallas housing prices have risen by only 1.9% in the last twelve months. The DFW metro area has experienced smaller price gains as compared to Dallas. Home sales have slowed over the past couple of months and are likely to decline over the coming months as well, as the metro area continues to struggle with a sharp rise in coronavirus cases.

In May 2020, the number of homes sold within Dallas County was down almost 35% from a year earlier. The median sales price dropped by 3.9% to $250,000. There’s about a 3-month supply of homes for sale which is well below what’s considered to be a balanced real estate market. From this standpoint, the Dalla housing market still favors sellers over buyers.

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We will discuss the latest San Jose real estate market trends & news and find out how they can affect the investors and homebuyers in the latter half of 2020. The shutdown due to coronavirus pandemic had an impact on California’s economy and the real estate sector as well. 2020 started with low inventory in San Jose, and a strong seller’s real estate market. The number of home sales in January and February were really strong. Then came the shelter-in-place order due to the COVID-19 pandemic. The impact of the pandemic on the San Jose housing market was felt in April when home sales started dropping massively.

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The coronavirus pandemic has literally gone viral and the California real estate market also got impacted by it. Today, we decided to take a look at the impact of the coronavirus pandemic on the California housing market. We’ll also look at the likely medium and long-term effects of the outbreak. Before the coronavirus outbreak, the declining interest rates bolstered February home sales and price in the California housing market. The no. of home sales in February went up 6.6 percent from the 395,700 level in January, marking the first time in three months that sales jumped above the 400,000 benchmarks. February also marked the eighth consecutive month of year-over-year sales increases, according to the CALIFORNIA ASSOCIATION OF REALTORS^®.

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We will discuss the latest Columbus Ohio real estate market trends & news and find out how they can affect the investors and homebuyers in the latter half of 2020. Columbus is a slowly and steadily growing real estate market that will be thriving well into the foreseeable future. The real estate statistics in Columbus show us that while the construction is increasing, inventory is still scarce because of increasing demand. This is leading to a steady year-over-year increase in the Columbus house prices. Last year Columbus was ranked #3 among 20 Hottest Housing Markets listed by Realtor.com.

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