Raleigh NC A Top Rental Market 2021
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The Upcoming Trend Of Revenge-Spending in 2021
“Revenge-spending” is a term that illustrates the customers’ buying behavior after the COVID restrictions spend more on shopping than their purchase habits before the pandemic. According to Bloomberg Economics estimation, over $1.7T in excess savings from the beginning of the pandemic (March 2020) to January 2021 and the latest round of stimulus payments by the Biden organization are ready for the Americans to get in the revenge-spending.
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US Apartment Market Saw Its Fastest Growth In A Decade
Amid the housing shortage, the U.S. apartment market has been growing significantly. Let’s have a look at its fastest growth pace seen in a decade.
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The Hidden Truth Of Zestimate - Zillow’s Algorithm
Together with the housing shortage, the pandemic has resulted in failed projections of Zillow's algorithm, a sophisticated algorithm that makes accurate predictions for selling and buying pricing decisions. Thus, it leads to considerable influences on Zillow in particular and the US real estate in general.
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