What Do You Know About Real Estate Trends?

Urban Areas

Suburban Areas

Rural Areas

Correct! Wrong!

43% of first-time buyers purchase in suburban areas, with urban areas coming in as a close second at 40%.

47%

24%

93%

52%

Correct! Wrong!

With 52% of buyers putting less than 20% down on their homes, the 20% rule is now a myth.

13%

45%

80%

71%

Correct! Wrong!

80% of buyers consider initial impression of "agent responsiveness" as very or extremely important.

Late Summer

Late Spring

Early Fall

Early Winter

Correct! Wrong!

The best time to list a home for sale is in the spring, when it’s likely to get the most views and the best price.

Commutes get easier

Rents drastically lower

Mortgage affordability takes a hit

Home value growth accelerates

Correct! Wrong!

Mortgages are set to become less affordable in the new year.

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