{"id":1657,"date":"2021-04-22T13:03:50","date_gmt":"2021-04-22T13:03:50","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=1657"},"modified":"2021-04-22T13:03:50","modified_gmt":"2021-04-22T13:03:50","slug":"dont-fooled-remarkable-real-estate-headlines","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/dont-fooled-remarkable-real-estate-headlines\/","title":{"rendered":"Don\u2019t Be Fooled by Remarkable Real Estate Headlines"},"content":{"rendered":"
\"\"

Don\u2019t Be Fooled by Remarkable Real Estate Headlines<\/p><\/div>\n

Don\u2019t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases.<\/p>\n

While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term quirk in the reporting of this data. Essentially, the increases will reflect a combination of two things: sharply lower housing numbers during last year\u2019s virus-related market collapse and the subsequent strong rebound. This will result in what will appear to be unbelievable growth.<\/p>\n

Let\u2019s use single-family home sales as an\u00a0example<\/a>:<\/p>\n

\"\"

Single-Family Sales Will Show Unbelievable Increase Compared to March, April, May, and June of Last Year<\/p><\/div>\n

As the graph reveals, last spring\u2019s buying market was anything but typical. Instead of sales increasing, they fell sharply as a result of stay-at-home orders that virtually shut the real estate industry down.<\/p>\n

This spring\u2019s real estate market will bounce back with more normal seasonal sales increases. The percentage increase in sales will be astronomical \u2013 not because sales have skyrocketed, but instead because they will be compared to last year\u2019s low numbers.<\/p>\n

Bottom Line<\/strong><\/h3>\n

There are likely to be some sensational headlines about real estate over the coming months. However, don\u2019t be fooled. The actual story is that the real estate market is finally back to normal.<\/p>\n

Contact us:<\/strong>
\nPHP Houses
\n142 W Lakeview Ave
\nUnit 1030
\nLake Mary, FL 32746
\nPh:\u00a0(407) 519-0719<\/span>
\nFax:\u00a0(407) 205-1951<\/span>
\nemail:\u00a0info@phphouses.com<\/p>\n

Let\u2019s Connect:<\/strong>
\nFacebook<\/a>
\nLinkedin<\/a>
\nTwitter<\/a>
\nInstagram<\/a><\/p>\n

THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

Don\u2019t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). Finish Reading Don\u2019t Be Fooled by Remarkable Real Estate Headlines<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[38,357,356,10,18,145,91,52,358,359,40,144,63,20,12,24,48,13,47,19,360,257,6,17,361],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1657"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=1657"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1657\/revisions"}],"predecessor-version":[{"id":1660,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1657\/revisions\/1660"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=1657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=1657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=1657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}