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Rocky Mountain Real Estate News
Strong Majority of Realtors® Say Market Is in Recovery Phase of Pandemic as Buyers Return.
Majority of REALTORS® Say Market Is Recovering
The residential market has seen a swift rebound of activity as numerous states have begun to ease mandatory stay-at-home orders.
Welcome back to Beaver Creek. Beginning today, Centennial Express will be open daily from 10 a.m. - 4 p.m. for scenic lift rides, hiking access, bike hauls and grab 'n go food at Spruce Saddle.
"People are relying on virtual showings, virtual tours, virtual listings, even virtual open houses," said NAR's VP of demographics Dr. Lautz. "So having something that looks beautiful with photos and videos is even more important right now."
Ready to Sell? Here‘s How to Refresh Your Home During Lockdown
There are a number of improvements you can make â both large and small â while waiting to put your home on the market.
The national median existing-home price for all housing types was $286,800 in April, up 7.4 percent from a year ago. Home prices remain solid, this marks the 98th consecutive month of year-over-year gains. #NAREHS
April 2020 Existing Home Sales
Housing market activity in April 2020 fell 17.8% from March 2020. April's sales of existing homes dropped 17.2% from April 2019.
First-time buyers were responsible for 36% of sales in April; Individual investors or second-home buyers purchased 10% of homes in April; All-cash sales accounted for 15% of transactions in April;
Distressed sales represented 3% of sales in April. #NAREHS