The coronavirus accelerated a "work from anywhere" revolution faster than anyone anticipated. This has significant implications for the real estate market. Employers and workers are embracing the freedom of where to live and work; and if that trend holds, a shift in real estate demand will occur on a global scale.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending November 20, 2020, U.S. Mortgage applications increased 3.9 percent from one week earlier.
Rapidly rising house price growth across the US has started to stabilise, Zillow’s weekly market report has found.
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