Vacation rental sites roar back to life with surge of spring bookings
After a period of rolling out more lenient reservation cancellation policies and more stringent cleaning procedures in the wake of the coronavirus pandemic, Airbnb, Vrbo and other vacation-rental websites are starting to see an increase in bookings again
by Lillian Dickerson Jun 16
Mr. Cooper
Rent for single-family homes grew by 2.4% in April, a major drop from 3% in March
Making sense of the headlines: Will forbearance turn into foreclosure for homeowners?
Opinion
Windermere Chief Economist Matthew Gardner gives his take on how homeowners will fare once the forbearance period is over
by Matthew Gardner Jun 16
Mortgage loans in forbearance tick up to 8.55 percent
The share of mortgage loans in forbearance modestly rose to 8.55 percent of servicers' portfolio volume during the week ending on June 7, up from 8.53 percent the previous week
by Lillian Dickerson Jun 15
Bidding wars increased last month amid housing shortage: Redfin
Boston, Dallas and Washington, D.C., were the three most competitive markets in the U.S. last month, a new report reveals. The report provides further evidence that the pandemic hasn't tanked prices or demand
by Jim Dalrymple II Jun 15
Today's homebuyers are twice as anxious as buyers from 5 years ago
Homebuyer sentiment has changed significantly over the past few months, from largely positive feelings before the start of 2020 to mostly negative ones in the ensuing months
by Lillian Dickerson Jun 15
The line between iBuyer and brokerage is blurring
Opinion
Opendoor and Offerpad will now list homes directly. Ultimately, this new service, still in the early stages and not fully rolled out, represents a way for iBuyers to make money without having to actually buy houses
by Mike DelPrete Jun 11
Return to the office right now? New survey says, 'No, thank you'
Only 13% of respondents in a new survey said they'd be comfortable returning to work today, while 51% of workers expect office partitions to be installed between workstations, according to a new report from furniture startup company Branch
by Lillian Dickerson Jun 11
Home flipping climbs to 14-year high while returns hit 9-year low
The number of single-family homes and condominiums flipped in the first quarter of 2020 reached 53,705 — up 7.3% year over year to its highest level since the second quarter of 2006, according to Attom Data Solutions' latest home flipping report
by Lillian Dickerson Jun 11
Multifamily rents continue to decline in May
As many states began the reopening process in May, rents continued to decline from previous months, according to YardiMatrix's National Multifamily Report for May 2020
March delinquency rates remain at record lows despite coronavirus
3.6% of mortgages were in some stage of delinquency, the same as in February
Making sense of the headlines: What's happening with home prices?
Opinion
The pandemic might have all but killed spring buying season, but it created a pent-up buyer demand
by Matthew Gardner Jun 9
More than half of homebuyers likely to buy a home within next year
53% of homebuyers say they now plan to buy a home within the next year as a result of factors surrounding the pandemic, according to online lending marketplace LendingTree
COVID-19-related forbearance volumes decline for first time since pandemic hit
Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending on June 2, the first weekly decrease since the CARES Act went into effect
Manhattan real estate sales fall 84%
Only 160 contracts were signed in the New York borough in May — an 84% drop compared to 992 last year, according to a new UrbanDigs study
Home prices were still soaring in April amid pandemic's peak
April home values rose by 5.4% year over year and 1.4% from the previous month, according to the latest data from CoreLogic