Mortgages in forbearance drop for third consecutive week
During the week ending June 28, the total number of mortgage loans in forbearance dropped to 8.39 percent of servicers' portfolio volume from 8.47% the week prior
What happens when top real estate portals join forces?
Opinion
Merging two real estate portals consolidates market and pricing power within one organization and allows a quickened growth pace, but it also allows for an increased value — a good deal for consumers
by Mike DelPrete Jul 7
Home price growth stays strong amid high demand: CoreLogic
In May, nationwide home prices rose by 4.8% compared to the same time last year
Making sense of the headlines: What’s holding millennials back from homeownership?
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner looks at the factors that influence millennials' ability and will to buy a home
by Matthew Gardner Jul 7
Inman Handbook: Building teams in turbulent times
Teams have exploded in popularity in recent years. Now, agents say the pandemic-induced chaos in the economy has only made them more important
by Jim Dalrymple II Jul 6
Home prices begin to stall
Median home prices stayed the same or decreased in 17 states and half of all analyzable metro areas from April to May 2020, according to new figures from Attom Data Solutions
DelPrete: US inventory levels down 20-40%
Opinion
With the recovery of new listings coming to market slowing and buyer demand remaining strong, the supply and demand imbalance doesn’t appear to be changing soon
by Mike DelPrete Jul 1
Inventory continues to fall in June
Housing inventory across the US was down 27.4% year over year, or approximately 363,000 fewer homes during the same period last year, according to realtor.com
Making sense of the headlines: A look at housing affordability
Opinion
Windermere Chief Economist Matthew Gardner explains why the issue stems from inadequate supply — in combination with rising, demographically driven demand — pushing prices to record highs and rising faster than incomes
by Matthew Gardner Jun 30
Summer outlook: Pandemic impacts may linger, but agents expect to close deals
More than a dozen agents who spoke with Inman said that inventory shortages and masks will probably be around for some time. But they're also seeing an active market in which offers are pouring in
by Jim Dalrymple II Jun 26
27% of homebuyers look to relocate to less dense, more affordable areas
A new Redfin report found that pageviews of listings in towns with less than 50,000 residents were up by 87 percent year over year in May
by Lillian Dickerson Jun 25
Summer outlook: Vacation rentals roar back to life
Though the pandemic and its various travel restrictions initially looked like bad news for the vacation rental industry, experts now say the sector is on fire
by Jim Dalrymple II Jun 25
US home affordability makes gains in second quarter
In the second quarter of 2020, median prices of single-family homes and condos have been more affordable than historic averages in nearly half of the United States
by Lillian Dickerson Jun 24
Is the US housing market recovering? There's no simple answer
Rather than looking at a wholistic picture of the rollercoaster of recovery, think of it as 10,000 different rollercoasters moving independently of one another. Not all markets will recover the same
by Mike DelPrete Jun 24
Summer outlook: Real estate leaders upbeat about the coming months
Leaders of both large and small firms envision an active summer selling season. Low inventory and a potential return of the coronavirus, however, remain points of concern
by Jim Dalrymple II Jun 24
Millennials are confused about real estate
Although millennials will likely make up the largest percentage of homebuyers this year, the generation appears to be woefully under-informed about the real estate industry, according to a recent survey by flat-fee brokerage Homie
by Lillian Dickerson Jun 23