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Author Topic: Mortgage applications for suburban homes are surging  (Read 1406 times)

IroNat

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Mortgage applications for suburban homes are surging
« on: July 31, 2020, 02:22:47 PM »
Mortgage applications for suburban homes are surging as buyers try to escape the coronavirus pandemic.

https://www.marketwatch.com/story/mortgage-applications-for-suburban-homes-are-surging-as-buyers-try-to-escape-the-coronavirus-pandemic-2020-07-31?mod=home-page

"The spreading coronavirus pandemic is having a considerable impact on the U.S. housing market by shaping consumer sentiment and behavior. The public health crisis has made many consumers reassess their priorities regarding what they’re looking for when buying a home. Home buyers increasingly are looking to less densely populated areas like the suburbs..."
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SOMEPARTS

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Re: Mortgage applications for suburban homes are surging
« Reply #1 on: August 07, 2020, 09:26:35 AM »
Almost nothing new being listed as well. Rural land....fuggetaboutit... SKY HIGH.
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sync pulse

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Re: Mortgage applications for suburban homes are surging
« Reply #2 on: August 24, 2020, 09:33:01 AM »
I inherited a house in Houston on a lot that is a full acre (just outside the 610 loop...)...I get mail and telephone calls offering to "take this albatross off my hands" with a "cash offer"...
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SOMEPARTS

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Re: Mortgage applications for suburban homes are surging
« Reply #3 on: August 25, 2020, 08:24:48 PM »
"as buyers try to escape the coronavirus pandemic"






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