Affordable housing crisis deepens for communities of color amid COVID-19
On top of a slew of far-reaching problems, a widespread lack of affordable housing is exacerbated by the COVID-19 pandemic and the resulting layoffs and job losses — and it's devastating communities of color
by Christopher G. Cox Feb 26
Global population of ultra-wealthy increased 2.4% in pandemic year
The annual Wealth Report, which will be jointly released by Douglas Elliman and Knight Frank in March, also projects prices could increase up to 7% in key luxury markets in 2021
by Lillian Dickerson Feb 26
RE/MAX just beats Q4 expectations
The company's own growth investments held the top-line numbers back, but RE/MAX CEO Adam Contos believes the brokerage will see a payoff in 2021
by Patrick Kearns Feb 25
27 real estate execs sign letter supporting Biden stimulus package
The letter called on legislative leaders to pass President Biden's American Rescue Plan, which includes another stimulus check and faster vaccine rollout
by Marian McPherson Feb 25
Pending-home sales see another monthly decline in January: NAR
The Pending Home Sales Index declined 2.8% from the previous month to 122.8, but was up 13% from the year before and marked an all-time high for January
by Lillian Dickerson Feb 25
New-home sales show healthy gains in January
New-home sales jumped 4.3% on a monthly basis and 19.3% on an annual basis, according to data from the US Census Bureau and the Department of Housing and Urban Development
by Lillian Dickerson Feb 24
Bigger is better: Square footage is the No. 1 amenity for luxury buyers
A new report on global luxury from Coldwell Banker found that amid the pandemic, high-end buyers put a greater emphasis on more square footage over any other amenity, driving an increase in homes over 5,000 square feet
by Lillian Dickerson Feb 24
older millennial
Clever Real Estate's latest millennial survey revealed just how far the generation is willing to go to become homeowners
by Marian McPherson Feb 23
NYC's hottest pandemic investment properties? Condominiums in bulk
Dwindling condo sales and dropping prices as a result of the pandemic have cultivated an environment for investors to scoop up Manhattan's languishing condos from developers
by Lillian Dickerson Feb 23
1031 like-kind exchanges: On the chopping block, or here to stay?
Researchers, Realtors and industry action groups argue that the rippling economic effects from changes made to Section 1031 would be a blow to the real estate industry and investors
by Lillian Dickerson Feb 23
Fourth-quarter home prices saw record growth: FHFA
During the fourth quarter of 2020, U.S. home prices surged 10.8% on an annual basis and 3.8% on a quarterly basis, marking growth records for both metrics
by Lillian Dickerson Feb 23
Home prices skyrocketed 10.4% in December: Case-Shiller
Home prices continued a steady upward trend fueled by inventory shortages and low mortgage rates, according to the S&P/Case-Shiller US National Home Price Index
Beyond the headlines: Sales rise as inventory further wanes
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into February's housing data releases and predicts how the market will fare
by Matthew Gardner Feb 23
America's hottest neighborhoods: Bouldin Creek in Austin, Texas
Bouldin Creek has old homes, fun shops and a laid-back vibe. It's also right in the heart of one of America's buzziest cities
by Jim Dalrymple II Feb 22
A median home in the United States now costs $330,500: Redfin
According to Redfin's latest survey, home prices surged 14% while sales grew by 20%
Annual home price growth reaches highest level since 2006
Increased buyer demand and low interest rates continue to push home values up in all 50 the largest US markets, according to Zillow's latest report
by Marian McPherson Feb 19