How Does Saved Listings Work?

To save a listing to your list of favorites, click into the listing you're interested in and simply click the "Save Listing" button from the listing details page.

You have now saved your listing!

To view your saved listings, click on the top " Saved Listings" link at the top of the screen near the menu. Save as many as you want and catalog them with this easy-to-use feature!

This feature works by storing an HTTP cookie on your machine to store and retrieve your list of favorites. To clear all favorite listings, simply clear out your browser's cookies (under the browser's settings).

Real Estate Tips

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A Look Back: U.S. Real Estate Trends in 2020

Full of ups and downs, 2020 was a wild year for everyone. Here’s a look at some of the top real estate trends in 2020.

Resilient Market

  • Despite the global pandemic, 2020 was a record-breaking year for the US housing market with 5.64 million homes sold total, an increase of 5.6% from 2019

Low Inventory

  • In November 2020, inventory was down 20% from November 2019, followed by an even larger decrease in December 2020 – down 39.6% compared to December 2019
  • Two of the markets seeing the largest decline in inventory are in Tennessee – Nashville and Memphis

Read More: Statistics About Home Sales During Covid-19

Rising Home Prices

  • November 2020 marked 100 months in a row of year-over-year price gains
  • The typical home was worth just over $266,000 as of December 2020, up 8.4% compared to last year

Low Mortgage Interest Rates

  • Across 2020, the average mortgage rate was 3.0%
  • In November 2020, the average rate for a 15-year fixed-rate mortgage reached a 30-year low of 2.31%

High Demand

  • Over 70% of the homes sold in November 2020 were on the market for under a month
  • In December, the typical home spent 13 days less on the market than in December 2019
  • More existing homes were sold in 2020 than in any year since 2006

Read More: Home Buyers Before and During Covid-19

Affordability

  • Homeownership rates in the second quarter of 2020 were up compared to 2019, reaching 67.9%
  • Foreclosures in 2020 were down 57% compared to 2019

New Homes

  • Approximately 811,000 new homes were sold in 2020, an increase of 18.8% over 2019.

Millennials Shined

  • Millennials made up 38% of all home buyers