Tracy Prepetit-Virtual Properties Realty

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Did you know that the market imbalance has brought affordability issues on several markets, yet home sales continue to reach record-breaking growth? Latest housing insights and prediction is one click away #TheTracyPrepetitTeam

On today's housing update, First American Deputy Chief Economist Odeta Kushi looks into the potential impact on the housing market when forbearance ends. Follow the full article below and share your thoughts in the comments section! #TheTracyPrepetitTeam

Another day, another update! Here's what experts are forecasting for the 2021 housing market NAR Chief Executive Lawrence Yun stated, With mortgage rates still very close to record lows and a solid job recovery underway, demand will likely remain high. Read the full article below! #TheTracyPrepetitTeam

Millennials are stoked and persistently changing the game in the U.S housing market scenario! According to the latest CoreLogic Home Price Index report, home prices surged by 27.7% from last year as this age group is willing to spend on a quality space and a bigger home. #TheTracyPrepetitTeam

With home prices reaching all-time highs, it is no denying that today's housing market is beneficial for sellers! But could the "wealth effect" mean more homes in the market? Learn more as First American Chief Economist Mark Fleming explains this housing theory! #TheTracyPrepetitTeam

BREAKING: U.S. District Court Judge Dabney L. Friedrich struck down the Centers for Disease Control and Prevention’s nationwide eviction ban. Read the full report here! #TheTracyPrepetitTeam

Are we expecting a hot real estate winter wonderland? See why the holidays will boom with sales this Q4 #TheTracyPrepetitTeam

Where will the housing market be by the end of 2020? Zillow housing analysts predict an increase! #TheTracyPrepetitTeam

Loose credit standards paired with low mortgage rates boosted house-buying power in 2020. The trend may continue to 2021, depending on labor market's recovery and lenders' activity. #TheTracyPrepetitTeam

Need a reason to buy now and not wait any longer? Since the pandemic, only 130 homes in every 10,000 are for sale. Rising tenure length and decade-long new-home inventory shortage cause the big short supply that will likely remain in 2021 #TheTracyPrepetitTeam

As Feds keep interest rates at 0 to support the housing market, mortgage rates now sit at the lowest ever in Freddie Mac's near-50-year history! #TheTracyPrepetitTeam

Sellers getting what they ask for as the U.S experiences the fastest home price growth since 2018 #TheTracyPrepetitTeam