Day: April 12, 2020

6 Ways Coronavirus Is Affecting Both the Housing and Mortgage Industries

As the coronavirus continues to impact the U.S. economy and way of life, homes are spending less time on the market and touring activity is slowing, yet so far, sellers aren’t slashing prices, according to recent research from Redfin.

Here are six charts that illustrate the latest developments in the housing market as COVID-19 continues to upend residential real estate.

Sellers Are Staying Strong on Pricing

We recently reported that sellers putting new homes on the market were listing them for less. However, sellers who already have homes on the market are not yet cutting prices. There were price reductions

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Hilton Court, Narre Warren North acreage big on luxury lifestyle

29-30 Hilton Court, Narre Warren North is aiming to set a street benchmark price.

Living in one of Narre Warren North’s best pockets need not cost the sky.

While prestige homes in the suburb are listed for $2 million and even upwards of $3 million, a five-bedroom house on the market offers plenty of value for less.

The 4005sq m property at 29-30 Hilton Court has a price guide of $1.4-$1.45 million, well below some of its higher-priced neighbours.

RELATED: Narre Warren North house with 25-car shed finds perfect buyer

Our most loved listing, Narre Warren North mansion, sold after

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