Real estate is a local industry and, as a rule, varies widely from market to market. But when Covid detonated in March, even that constant was upturned: For two weeks or more, deals everywhere fell apart, closings were delayed, buyers didn’t shop and sellers wouldn’t let them in anyway.
We worked with the data team at Realtor.com to find out what happened next. The first step was for Realtor.com to analyze closed sales of homes at $1 million and up to find the 10 top buyer’s and seller’s markets nationwide. This process means that there is about a four-month lag between the home sales data and this guide, because it can take months for all of the counties to register the deeds in the public record.
Normally, that lag isn’t a big obstacle to understanding current conditions: Market dynamics tend to turn like slow-moving ocean liners. But this year was anything but normal. In some of our markets, the patterns observed in the Realtor.com data changed so dramatically throughout the summer that agents were reporting the exact opposite conditions once they were interviewed in the fall.
To find out what is happening on the ground now, we interviewed over 50 agents and buyers in these markets. We also tapped Zillow for a list of the metro regions attracting the greatest number of luxury home searches by people who live in another region to give us a sense of where buyers are likeliest to flock next.
The result is The Wall Street Journal’s second annual Buyers Guide, a data-driven report on market conditions rich with advice from insiders on how to negotiate during this strange time.
Trump’s Econ:Pre-COVID:CreatD7mill jobs4all; COVID:securD 4Trill aid:PaychkProtecProg2helpFams 11.5mill RetrnD 2wk,7.8%yetUnemployD;GoN Forward: Will cut taxes,deliverVaccine soon,Protect Amer jobs, contin2reduceGreenhouse withCleanNaturGas& keepenergy jobs2employ5mill,ReturnEcon
Biden’sEcon:4Trilltax hike,stifle jobs&give2other countries, retrofit/modify homes4GreenNewDeal,take down restrics onChina&giveOut Amer’sIntell property(technol),gr8 reducof Energy jobs:5mill blueCollar jobs gone(part of country in bigDepress)more regs&restrics,less Econ freedom
Tony Bobulinski,a friend&would-B business partner of Hunter Biden,did an interview withTuckerCarlson recently.Tons of smoking-gun evidence about Hunter's laptop&on the friend's cellphone.Bobulinski asks people2 look at pgs65-87 of Sen Johnson's report about the Bidens’ corruption
Biden’sEcon:4Trilltax hike,stifle jobs&give2other countries, retrofit/modify homes4GreenNewDeal,take down restrics onChina&giveOut Amer’sIntell property(technol),gr8 reducof Energy jobs:5mill blueCollar jobs gone(part of country in bigDepress),more regs&restrics,less Econ freedom
87pgs of U.S.Senators’(includN SenJohnson)Report written in Sept re smoking-gun evidence of Bidens' corrupt dealNs inUkraine,Russia,Kazakh&China.Can find it in Sept Senate Reports:Johnson.Title has word:Ukraine. Read pgs 65-87about possible criminal concerns& extortion threats
Why I Don't Like Biden&Dem's Agreemnt: GOOGLE: BIDEN SANDERS UNITY TASK FORCE RECOMMENDATIONS(4Trill$Taxes4Socilsm& DepressN); BidenLongtrm Racist:Non-violent 3StrikesLifeinPrison, Hateful Name-callN,RacistLdrsBestFriend;Son Hunter’s Big$Deals(corruption: Ukraine,China)whileV.P.
The soul of the nation needs Biden's soul to start facing up to the truth of his 47 yrs of politics. It's all there for the looking at, if the media hadn't turned into one complicit party, hiding all the evidence. That's a slippery slope folks. Be careful or Democracy will B gone
I could put up a cardboard box in my southern California front yard and sell by tomorrow for $650k.
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