Homebuyers Not Following the School Calendar in Many Markets

REALTORS® can usually count on spring as being their biggest season, followed by summer. But nothing about 2020 has been normal, including home-buying patterns.

With shut-down orders in the spring, summer became the new home-buying season, and homebuyers were still very active in August. Traditionally, home-buying season slows down during the fall because families have settled in their new homes just in time for school to start. Now that school is mostly virtual, that calculation may be changing a bit. 

Read the analysis.