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
Fannie Mae: Economy will expand nearly 7% in 2021
Fannie Mae upgraded its full-year 2021 real GDP growth but cautioned that rising inflation and interest rates could be a risk in the near future
by Lillian Dickerson Feb 18
These are the questions that could make or break Compass' IPO
Panelists at Inman Connect Now argued that Compass is going to have to think hard about recruiting, commissions and other issues as it prepares to go public
by Jim Dalrymple II Feb 18
Homeownership rate for Black Americans lags behind at 42%
The National Association of Realtors' latest report revealed the systemic issues in housing, education, and jobs keeping minority homebuyers behind
by Marian McPherson Feb 18
Housing permits up as starts and completions drop slightly
New homes authorized by permits were up 22.5% year over year in January, according to the latest report by the US Census Bureau
Which cities are now US powerhouses? They're not what you'd expect
San Francisco was the top spot last year, but it didn't even make the list in 2021
Which cities are the most economically integrated?
Looking for a home in a neighborhood with a good mix of luxury and affordable homes? Look no further than Seattle or Washington, D.C., a new report from Redfin suggests
by Lillian Dickerson Feb 17
Builder confidence creeps up 1 point in February: NAHB
Pandemic-related supply chain issues and shortages of lumber have continued to contribute to rising lumber prices, but intense homebuyer demand for single-family homes has kept builder confidence steady
by Lillian Dickerson Feb 17
Property owners in 48% of US counties are at major default risk
A RealtyTrac report found that single-family rental property owners in nearly half of US counties are at an above-average risk of default
Manhattan luxury market roars back to life with best week in 5 years
A total of 38 contracts for homes above $4 million were signed in Manhattan last week, a number not seen since 2016
The cost of rent just keeps climbing: CoreLogic
Nationwide rent prices rose 3.8% in December, with Phoenix seeing a jump of 10.7%
MoxiWorks: Home sales will increase 13% YOY in February, 15% in March
The real estate tech platform and marketing agency estimates home sales will top 385K sales in February and 483K in March, based on its Home Sales Predictor
by Lillian Dickerson Feb 12
Nearly 90% of metros see double-digit price gains in Q4: NAR
Home price growth was widespread during the fourth quarter of 2020 as mortgage rates and inventory levels both hit record lows, according to the National Association of Realtors
by Lillian Dickerson Feb 11
$1M home searches hit record high in January: Redfin
Homes priced over $1M made up 10.8% of all saved searches on Redfin.com in January, up from 8.5% the previous year, and the highest point this figure has reached since 2017
by Lillian Dickerson Feb 10
1 in 5 criminally charged Capitol rioters have faced foreclosure
Capitol rioters' public records reveal extensive financial hardship, and nearly 20% faced bankruptcy or foreclosure prior to the insurrection, according to 'The Washington Post'
by Marian McPherson Feb 10
Nearly 1 in 5 millennials have given up on homeownership
A new report from Apartment List finds that most millennials have no down payment savings and big disparities by race