There were 63 property sales in Burbank for September 2019.
Burbank had 71 property sales for the month of August
There were 67 property sales in Burbank for July 2020.
Burbank had 67 property sales for the month of July
There were 53 property sales in Burbank for June 2020.
Burbank had 53 property sales for the month of June
There were 26 property sales in Burbank for May 2020.
Pending home sales surged a record 44% in May
Economists polled by Reuters were expecting pending contracts to jump by 18.9% in the US... they were off by a mile!
National pending home sales soared 44% in May after falling 22% in April, according to new data released by the National Association of Realtors—it’s a strong indicator that the worst of the coronavirus recession may be over for the housing market.
May’s gains are the highest month-to-month since the National Association of Realtors started tracking the data in January 2001.
I'm happy to report that I was able to contribute to this recovery by selling a few homes since the start of the pandemic.
I believe this bounce back in the housing sector will lead the way for a broader economic recovery.
Have you heard? Historically low interest rates are happening now!
Do you think interest rates will continue to go down?
