The hot housing market isn't ending any time soon: Zillow
Closed sales of existing homes increased 9.4% from August to September, yielding a 20.9% increase year over year, the highest rate recorded since 2006
638,000 jobs added in October — but unemployment remains high
The unemployment rate declined to 6.9%, according to the Bureau of Labor Statistics, but the country as a whole is still down about 10M jobs since February's pre-pandemic levels
Demand is heating up in the Hawaiian luxury market
Hawaii has experienced ups and downs throughout the pandemic, but right now, luxury buyers are craving the aloha lifestyle and a bit of seclusion from the rest of the world
US home equity levels rose in Q3
Equity-rich properties made up about 28.3% of mortgaged homes in the US during the third quarter, up from 26.7% the previous year, according to a new report by Attom Data Solutions
Opendoor and Zillow are losing tens of thousands on each iBuyer home: DelPrete
Opinion
Disruption in real estate is being led by companies — and shareholders — willing to bet and lose billions of dollars
by Mike DelPrete Nov 3
Here's how Trump and Biden stack up on housing issues
The president and former vice president have sharply divergent views of how to handle things like housing affordability, discrimination and homelessness
by Jim Dalrymple II Nov 3
Home price growth reaches 6-year high in September
After a slow summer, home prices rose 6.7 percent in early fall
Rents on the rise for larger units across the country
A new report from Apartment Guide found that studio apartments, which have out-priced one-bedrooms in recent years, are currently the least expensive unit type
Losses from Hurricane Zeta wind and storm surge could reach $4B
Insured wind losses are estimated to cost between $2.2B and $3.5B, while insured storm surge losses could clock in at an additional $300M to $500M, according to CoreLogic
Pending-home sales take 2.2% hit
The National Association of Realtors' Pending Home Sales Index dropped 2.2%, to 130, in September after 4 consecutive months of contract activity growth
by Lillian Dickerson Oct 29
Beyond the headlines: Housing continues to break records
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses home sales across the U.S. and concerns over the unsustainable pace of price growth
by Matthew Gardner Oct 29
Vacant zombie properties continue to decline amid foreclosure moratorium
In the fourth quarter of 2020, properties in the process of foreclosure decreased 7.3% from the previous quarter while the number of properties sitting empty declined 4.4%
by Lillian Dickerson Oct 28
A year of relocation: Where luxury buyers moved in 2020
A new report from Coldwell Banker sheds light on where the wealthy moved this year, why they relocated and what they're looking for in a home
by Lillian Dickerson Oct 27
Multitudes of Americans considering leaving US after election
Redfin found that 16% of Americans would consider leaving the country if their preferred presidential candidate loses in November. That's up from just 9% four years ago
by Jim Dalrymple II Oct 26
Sales of homes in the Hamptons priced above $5M skyrocket 291%
The median sales price in the beachfront community surged 40%, to $1.2M, compared to the same time last year, according to a new report from brokerage Douglas Elliman
by Lillian Dickerson Oct 22
Home price gains continue to climb in third quarter
A new report from Attom Data Solutions found that 77% of metros analyzed posted double-digit annual home price gains
by Lillian Dickerson Oct 21