America's hottest neighborhoods: North Hills in Raleigh, North Carolina
A $1B Innovation District, a plethora of amenities and a new city plan have pushed Raleigh's North Hills to the top of buyers' lists.
by Marian McPherson Apr 12
Inventory insanity: Why are there no homes for sale in America?
Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult
by Jim Dalrymple II Apr 12
Borrowers locking in mortgages for second homes surged 128%
The annual rise in demand for second homes is nearly quadruple the 34% year-over-year gain for primary homes, according to a new report from Redfin
by Kelsey Ramírez Apr 8
Los Angeles developer Rick Caruso to accept bitcoin as rent
Billionaire Rick Caruso plans to roll out a variety of cryptocurrency programs for consumers, including a customer reward option and the ability to pay rent with bitcoin
by Jim Dalrymple II Apr 8
Mortgage rates reverse course, dropping for first time in 2 months
After 7 weeks of consecutive increases in mortgage rates, Freddie Mac's most recent survey shows a decrease, giving borrowers the chance to refinance
by Kelsey Ramírez Apr 8
1 in 7 homeowners considering selling within next 3 years
Of those not considering moving, 26% said they were concerned about their ability to find or afford a new home, according to a new survey from Zillow
COVID vaccinations give Americans more confidence in housing
Fannie Mae’s Home Price Sentiment Index increased by 5.2 points from February to 81.7 in March. Year over year, the index is up 0.9 points
by Kelsey Ramírez Apr 7
11% of Americans moved during the pandemic: Zillow survey
Zillow's latest report revealed what pushed Americans to move during the pandemic and which markets experienced the largest inflow of new homebuyers
by Marian McPherson Apr 6
New forbearance requests drop to lowest level since March 2020
Total weekly forbearance requests as a percent of servicing portfolio volume decreased from 0.05% to 0.04%, according to the latest data from the Mortgage Bankers Association
by Kelsey Ramírez Apr 6
homeseller profits
Home prices increased 10.4% in February 2021 from the previous year, and increased 1.2% from January, according to the latest CoreLogic Home Price Index report
by Kelsey Ramírez Apr 6
3 ways to set buyer expectations during this sizzling-hot spring
By setting expectations early, agents can put their clients in a better position and educate them on the often frustrating marketplace so they can make quick, sound decisions
by Anthony West Apr 6
4 ways to get a leg up on the competition in the multifamily space
The multifamily space is continuing to evolve, and investors must do the same. In such an environment, it pays to be aggressive when an opportunity emerges — but only while doing the requisite homework within your area of expertise
by Michael Zaransky Apr 6
Hopes of housing shortage relief are dashed as new listings drop
New listing volumes have failed to make up for the shortfall of 2020 and were down 16% and 21% year over year in January and February, according to a new report from Black Knight
by Kelsey Ramírez Apr 5
From out of nowhere: 5 new(ish) cities to keep your eye on this year
Starbase, the Texas town Elon Musk announced he was planning to incorporate as part of Brownsville and South Padre, is 1 example of a community conceived seemingly overnight
Manhattan real estate sales hit 14-year high
New York real estate market picks up after COVID-related slump
by Kelsey Ramírez Apr 2
The real estate industry added 10,000 jobs in March
The industry saw a healthy increase in jobs in March, following a tougher month of 4,500 job losses. The US as a whole also saw its greatest number of job gains since August