55.7% of Americans who don't own a second home say they now want one, compared to just 46.4% who expressed a desire for a second home prior to the pandemic
While the effects of the pandemic may manifest later, equity increases have not been this high since 2014
U.S. foreclosure filings decreased 14% in November 2020 from the month before and dropped 80% year over year
Seven of the 10 hardest US cities to save for a home were in California, according to an analysis released Wednesday by RealtyHop of 125 of the nation's largest metros
Nationwide, 6.3% of mortgages were in some state of delinquency in September — up from 3.8% one year earlier, according to the property analytics provider
In November, 16.4% of renters sought out apartments with short-term leases outside of their current metro area, a 40% increase since January, according to Apartment List
In a notable departure from more common iBuying strategies, Redfin's iBuyer program, RedfinNow, will target homes built after 1930 and costing more than $1M in the 2 cities
But how people are finding those homes has changed, according to a study released by the real estate tech company.
According to the National Home Rental Council's Q3 2020 market index, the single-family rental market remains robust as renters flock to the suburbs
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner gives his 2021 forecast
The number of mortgage loans in forbearance stayed constant from the previous week, according to the Mortgage Bankers Association
The company will be listed on NASDAQ under the ticker symbol 'OPEN'
Cities such as Sacramento, California, should do well next year due to affordability, strong job markets and proximity to bigger metros. New York City, on the other hand, may struggle
Opinion
Nobody really knows what will happen next year — or the year after. Shifts are normal for markets, so agents should think through possible changes and plan for them. Here are a few things to consider
The real estate sector — which includes rental and leasing — added 8.5K jobs on a seasonally adjusted rate in November and actually lost 3K jobs if unadjusted for seasonality
The average rate for a 30-year, fixed-rate mortgage fell to 2.71%, the lowest number ever recorded by Freddie Mac's weekly survey of rates, which dates back to 1971