Aerial view of California neighborhood

Buyers and sellers must gauge the health of their markets and know when to pounce by tracking key indicators

After months of uncertainty, buyers and sellers are wondering whether housing markets will prove to be resilient this fall. A number of forces could influence the long-term health of the market: The release of pent-up demand after a muted spring season, uncertainty around whether schools will reopen, buyers motivated to move out of large cities hard hit by the pandemic, unusually low mortgage rates, and more.

In the U.S., home prices increased by 4.9% from June 2019 to June 2020, a CoreLogic report found, though the report also anticipated a 1% decrease in prices over the coming year, the first annual decline in nearly a decade.

That drop is relatively mild, given how the pandemic has put many markets on pause, led to mass layoffs, and sparked economic uncertainty globally. Real estate experts say that low mortgage rates, limited supply, and motivated buyers bode well for the upcoming fall season, traditionally a busy time for real estate. In the coming months, buyers and sellers must keep a close eye on transactions to get a sense of the resilience of the real estate market in the wake of coronavirus upheaval.

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This article first appeared on Mansion Global.

beautiful garden with decorative lawn

If social distancing has you focusing on your property’s flora, we’re here to help with some clever gadgetry that will give you the best looking lawn and garden on the block.

Rachio 3 Smart Sprinkler Controller

Water is the source of all life, and, unsurprisingly, an integral component in keeping your lawn and gardens at their most lovely and lush, but when to water and how much? Leave the aquatic queries to the automated experts at Rachio. The Rachio 3 Smart Sprinkler Controller, which works for eight or 16 zone sprinkler systems, gives users complete, smart device-based control over their watering network, allowing them to call for water on demand or schedule regular sprinklings. Or better yet-let Rachio handle it all.

With its Weather Intelligence Plus system, Rachio can accurately read changes in weather patterns and automatically adjust when, and how much, it will water, saving homeowners expenses and removing the threat of over- or under-watering.

The Rachio 3 Smart Sprinkler Controller is available for $229 (eight-zone) or $279 (16-zone).

Landroid

A properly manicured lawn can be a tricky task, so why not move that burden onto a bot? Landroid, from tool manufacturer WORX, is a grass-eating automaton that is capable of mowing lawns up to a half-acre. Users simply lay a boundary wire around their yard-accounting for obstacles like flower beds-and Landroid takes care of the rest, chopping grass within the defined area, regardless of the weather conditions, and automatically returning to its charging pad when it is done or needs a little boost.

With the accompanying Landroid app, users can activate on-demand mowing, keep tabs on the mowing progress, set a specific mowing schedule, and even get accurate measurements of their lawn.

The Landroid is available for $999 to $1,499, depending on features and mowing area capability.

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This article first appeared on mansionglobal.com

From perfecting your lighting to ending noise pollution, here’s how to make your abode better for you.

The meaning of “home” has taken on even greater significance lately. As we’re sheltering in place, it continues to evolve as more than just a refuge—it’s a workspace, a place for homeschool, a fitness studio, and a center for entertainment, to name a few examples.

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This article was originally published on MansionGlobal.com by Jennifer Tzeses

The Inland Empire, long the region’s most affordable place to live, now comes with significant real estate sizzle.

The pandemic era has seemingly rearranged housing’s local pecking order and elevated Riverside and San Bernardino counties to Southern California’s new housing hot spot.

Just look at what Rick Beckwitt, CEO of homebuilding giant Lennar, told investors this week about new home sales:

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This article was originally published on PE.com by Jonathan Lansner

Coronavirus Has Upended the Real Estate Market. What It Could Mean for the Value of Your Home

Yes, the economic news has been grim, and it would seem the pandemic that has confined people to their homes could also threaten the stability of this key segment of the economy. More than twice as many Americans lost their jobs in April than in the two years during the Great Recession. About a third of apartment renters didn’t pay their rent in the first week of April. Consumer spending in March plunged 7.5%, the largest one-month decline since the government started tracking it in 1959. Despite the real threat to our economy, the housing market could end up being more resilient than many homeowners and would-be buyers…

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