Surge in Single-Family Home Sales Highlights Positive Bay Area Real Estate Market Results Market Update for June 2020

Summary Although the San Francisco Bay Area has experienced one of the largest COVID-19 real estate market slowdowns in the US, June featured an array of positive market indicators  There was a significant increase in home sales in June compared to May 2020 The median price of detached homes continues to increase year-over-year; mixed results […]

Massive Market Rebound in Southern California; Largest Month-to-Month Sales Growth in the Last 40 Years (June 2020 Market Update)

Summary Southern California’s real estate market experienced a major rebound in sales from May’s low-point, despite still falling short of 2019 numbers Overall sales of single-family homes increased by at least 40%, with apartment sales increasing by 60%  Active inventory of single-family homes dropped year-over-year across all counties resulting from surging demand and fewer listings […]

June home sales surge; strong demand results in lowest inventory levels since 2010 | Colorado Market Update: June 2020

Summary Sales of single-family homes and townhouses/condos increased dramatically in June by 62.3% and 65.5% respectively from May  Increased housing demand has reduced available inventory to decade-low levels, which has pushed prices upwards Median sold prices of single-family homes and condos grew by 4.4% and 2.6% year-over-year respectively Larimer County posted impressive increases in the […]

Sam Mehrbod Accepted into Forbes Business Council

Forbes Business Council Is an Invitation-Only Community for Successful Business Owners and Leaders   Vancouver, BC, July 13, 2020 — Sam Mehrbod, CEO and Co-Founder of roomvu, a real estate Tech startup that helps Realtors convert their Audience to Leads, has been accepted into the Forbes Business Council, the foremost growth and networking organization for […]

Calgary Market Update June 2020 | roomvu Data Team

Summary Calgary’s real estate market continues trending towards recovery as sales and listings showed a strong month-over-month increase in June (62% and 38% respectively)  New listings increased by 6.5% year-over-year, while sales dropped by 1.5%  Despite the drop in sales in June, it was a dramatic improvement over April and May sales numbers, which were […]