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HOUSING & LOCAL NEWS

Stay Informed about the Latest Housing News & Trends

How Will the Coronavirus Affect the Real Estate Market?

https://www.washingtonpost.com/business/2020/03/30/how-coronavirus-will-change-closings-home-prices-whats-market/

Mortgage Forbearances

https://www.fool.com/investing/2020/06/26/after-three-week-decline-mortgage-forbearances-are.aspx

House Prices Have Dropped


https://wolfstreet.com/2020/05/26/despite-record-low-mortgage-rates-new-house-prices-drop-to-lowest-april-since-2015-sales-to-lowest-april-since-2017/

It's Hard to Get a Mortgage Now!

https://www.housingwire.com/articles/it-hasnt-been-this-hard-to-get-a-mortgage-in-more-than-five

Vacation Housing Markets

https://www.marketwatch.com/amp/story/guid/E05B62AE-914E-11EA-B123-526F5EEFD0E7


Savannah Mayor Concerned About Coronavirus After Georgia Opens Up


https://www.newsbreak.com/news/0OxxbgOa/savannah-mayor-concerned-out-of-state-visitors-flocking-to-ga-because-its-open?s=oldSite&ss=i3


Coronavirus in Savannah

https://www.savannahnow.com/news/20200505/georgia-covid-19-cases-deaths-increase-slightly-overnight

Savannah's Gulfstream Layoffs

https://www.wjcl.com/article/georgia-department-of-labor-gulfstream-lays-off-699-employees-in-chatham-county/32364493

The Housing Market Faces its Next Crisis

https://www.washingtonpost.com/business/2020/05/03/may-rent-mortgages-coronavirus/

Thinking of getting a HELOC?

https://www.housingwire.com/articles/wells-fargo-joins-chase-in-halting-helocs/


Pending Home Sales Tank

https://www.cnbc.com/2020/04/29/pending-home-sales-tank-nearly-21percent-in-march-but-realtors-claim-prices-will-hold-up.html

Home Sales Plunge

https://wolfstreet.com/2020/04/29/mortgage-forbearance-balloons-home-sales-plunge/


At Risk Housing Markets

https://www.forbes.com/sites/amydobson/2020/04/28/these-us-housing-markets-are-the-most-at-risk-from-covid-19/

 

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Kim Banks Real Estate
P.O. Box 429, Savannah, GA. 31410

Proudly serving Savannah, Tybee Island, Pooler, Richmond Hill, Rincon, Port Wentworth, Skidaway Island, Bloomingdale, Wilmington Island, Ise of Hope, Whitemarsh Island, Garden City, Bluffton, Springfield, Vernonburg, Hilton Head and Chatham County, Bryan County, Liberty County, and Effingham Counties.  We buy houses in Savannah, GA and nationwide.


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