Amid halt on foreclosures, zombie property rate remains constant
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020, due to the coronavirus-induced moratorium on foreclosures
by Lillian Dickerson May 27
New-home sales rose modestly in April
Sales of new single-family homes rose 0.6% to a seasonally adjusted rate of 623,000 in April, according to US Census Bureau data released Tuesday
Even as virus spread in March, home prices grew modestly
Home prices rose 4.4% in March, up from 4.2% during the previous month, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday
Luxury snapshot: Agents in high-end markets are staying busy
The market hasn't fully recovered yet, but agents in luxury markets around the US told Inman that deals are still happening and activity appears to be on the rise
by Jim Dalrymple II May 22
DelPrete: How the pandemic has impacted international markets
Opinion
Evidence suggests that once restrictions are lifted in the hardest-hit markets, new listings rebound quickly
by Mike DelPrete May 21
Time on market sees greatest increase in 7 years
Homes sat on the market 15 days longer than last year during the week ending May 16, resulting in the greatest increase in time on market since 2013, according to realtor.com
by Lillian Dickerson May 21
Residential refis make up 55% of home loans in first quarter
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same period last year
by Lillian Dickerson May 20
Louisiana market snapshot: Consumers coming 'out of their shells' as market rebounds
The coronavirus pandemic hit Louisiana hard, and the real estate industry there suffered. But agents say their business is now on the road to recovery
by Jim Dalrymple II May 19
4.1M Americans are now enrolled in mortgage forbearance plans
As of May 10, 8.16% of all mortgages were in forbearance, up from 7.91% on May 3 — the smallest increase since March, according to the Mortgage Bankers Association
by Lillian Dickerson May 19
Rent prices could take a hit from widespread unemployment
Rent grew 3 percent in March, a small drop compared to the three preceding months
Making sense of the headlines: How will COVID-19 impact real estate long term?
Opinion
From owner-occupied to high-rises to rentals of all kinds, Windermere Chief Economist Matthew Gardner gives his take on probable outcomes for residential asset classes
by Matthew Gardner May 19
Three-quarters of companies will reopen offices in phases: Study
A new survey conducted by CBRE Group shows that 72% of companies are planning a phased reopening, and 59% will provide masks for employees, among other safety initiatives
by Lillian Dickerson May 18
Builder confidence rises slightly amid historic lows: NAHB
The National Association of Home Builders' Housing Market Index rose from 30 to 37
April's hottest markets were in cities you might not expect
Although Colorado Springs ranked as the hottest market for the third consecutive month, Fort Wayne, Indiana, and Topeka, Kansas, also rose the ranks to make the top 5 hottest markets
by Lillian Dickerson May 15
Massachusetts is best prepared for digital economy as Southern states lag
The state ranked high largely because of investment in and support of the tech sector, as well as solid widespread internet connectivity
by Lillian Dickerson May 15
Buyers are eyeing small towns — even as interest in big cities rises
Page views of Redfin home listings in small towns jumped 105% year over year, while page views of homes in urban metros increased by 16%
by Lillian Dickerson May 15