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
The moving industry could lose $2.5B because of COVID-19
Revenue decline across the moving industry could hover between 12.2% and 19.9%, according to a new study from HireAHelper.com
by Lillian Dickerson Jun 23
Making sense of the headlines: What is high-frequency data?
Opinion
Windermere Chief Economist Matthew Gardner explains how he’s using data from Apple, the TSA, OpenTable and more to keep tabs on economic recovery
by Matthew Gardner Jun 23
Summer outlook: A slowing recovery may wait in the wings
While housing has thus far seen a strong recovery, experts say prices may actually fall later this year. Factors such as unemployment and foreclosures could also weigh down the market
by Jim Dalrymple II Jun 23
Total mortgages in forbearance decreases for first time since March
During the week ending on June 14, mortgage loans in forbearance decreased to 8.48%, down from 8.55% the previous week, according to the MBA
by Lillian Dickerson Jun 22
Summer outlook: Real estate heads into buying season on firm footing
In our multipart series on the US housing market this summer, Inman's Jim Dalrymple reports that the market hasn't fully returned to normal yet, but a number of metrics including prices and pending sales suggest it has been resilient amid the coronavirus crisis
by Jim Dalrymple II Jun 22