Bassam Fares Realty

Lead Economist Taylor Marr says: The market hasn’t cooled off any further than it usually does this time of year, and we expect homebuying demand to remain strong through the fall. Need to buy or sell? The time is NOW! #BassamFares #MovotoRealEstate

Learn how mortgage financing giant's forbearance programs have been extended for multifamily protections. See how the fourth extension takes place by clicking the link #BassamFares #MovotoRealEstate

According to Realtor.com's survey, the pandemic accelerated migration to more affordable areas from cities near job centers. See the full story and click the link #BassamFares #MovotoRealEstate

PennyMac and UWM is jumping the gun as they offer higher balance conforming loans of up to 14% above the current baseline for single-family homes, nationally. Story continues #BassamFares #MovotoRealEstate

Here's what you need to know about the housing market seasonality. Click the link to see how First American Deputy Chief Economist Odeta Kushi examines home-buying activity tends to follow predictable seasonal patterns. #BassamFares #MovotoRealEstate

Read this inspirational real estate story on what this Military Family had to go through to buy their first home. Thank you for your service. #BassamFares #MovotoRealEstate

Despite the continued housing inventory issue, sales of new single-family homes soared in October. With an estimated 3.3-months of supply, sales recorded an increase of 41.5% above last year. Negotiate better with an Agent on your side! #BassamFares #MovotoRealEstate

Homes For Sale are selling fast! NAR says existing-home sales rose for the 5th consecutive month, reporting an increase of nearly 27% from last year. The market is STILL on fire! #BassamFares #MovotoRealEstate

The housing market is expected to continue its winning streak in 2021. What will be the key trends that will shape the industry next year? Check out what Realtor.com's Chief Economist Danielle Hale has to say #BassamFares #MovotoRealEstate

NAHB recently found that single-family home construction grew fastest in small metro suburbs during the second quarter of 2020; recording an annual median sale price growth difference between urban and suburban of 2.8 percentage points, outpacing urban. #BassamFares #MovotoRealEstate

Single-family homes for rent are going quick! Latest CoreLogic data says rent for a single-family home grew by 2.5% year-over-year. Rather than economic and health improvement, experts say it is due to a tight market and low inventory. Invest today! #BassamFares #MovotoRealEstate

68% of Millenials reported that the shelter in place orders helped them save for their down payment. Check out this infographic for more survey results! #BassamFares #MovotoRealEstate

What's in store for 2021? Here are some positive trends that are coming soon! #BassamFares #MovotoRealEstate

In the midst of the current pandemic that still affects the country, here’s what the housing market report looked like for the month of September. #BassamFares #MovotoRealEstate

Introducing the REconomy podcast from First American - a discussion about economic forces influencing real estate, affordability, housing supply, the impact of historically low-interest rates, and how the COVID-19 pandemic is shaping demand for housing #BassamFares #MovotoRealEstate

In the game of housing musical chairs, it’s clear the housing market needs more chairs. Fast-rising demand against the limited supply of homes for sale has resulted in faster house price appreciation. #BassamFares #MovotoRealEstate

Congratulations Coach Fares

Young Americans are having their housing preferences shaped by the pandemic as they’re seeking larger homes and outdoor spaces according to findings from the 2020 Community and Transportation Preference Surveys recently conducted by the National Association of REALTORS #BassamFares #MovotoRealEstate

While you're having your early morning cup of tea or coffee, be sure to read my blog articles on how to navigate real estate in today's market! Virtual meet-up anyone? #BassamFares #MovotoRealEstate

"Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market..." - Mark Fleming, Chief Economist at First American. Click the link to learn more about the housing recovery #BassamFares #MovotoRealEstate

As mortgage rates drop, loan applications rise 2.9%. Source: Mortgage Bankers Association #BassamFares #MovotoRealEstate

Record low mortgage rates have significantly decreased borrowing costs. The current soaring market is here to stay as the Q4 forecast is looking up! See recent reports #BassamFares #MovotoRealEstate

Home sales continue to amaze, and there are plenty of buyers in the pipeline ready to enter the market, - NAR Chief Economist Lawrence Yun #BassamFares #MovotoRealEstate