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Vitals: Berkshire Hathaway HomeServices Fox & Roach, REALTORS®
Years in business: 23, though roots go back more than 100 years
Size: 75 offices, 5,500 sales associates
Regions served: Southeastern Pennsylvania, Northern half of Delaware, lower two-thirds of New Jersey

The real estate rebound is coming as buyers continue making their way back onto the market, according to the recently released 2020 Market Recovery Survey from the National Association of REALTORS® (NAR).

The survey, which received over 2,000 responses from REALTORS®, shows that market recovery is happening at this very moment. Of those surveyed, 92 percent said their buyers have either already returned to the market or they never left.

The latest updates from the Mortgage Bankers Association show low interest rates are incentivizing buyers to apply. Mortgage applications are up for the week ending July 3, and as some states return back to some type of normalcy, forbearance rates continue to decline. However, for some, mortgages may not come so easily. In June, mortgage credit availability decreased, signaling that lending standards are tightening.