Home prices spike after summer lull: CoreLogic
Nationwide home prices grew at the fastest pace since 2014
New study shows evictions have led to 430,000 COVID-19 cases
Expiring eviction bans at the state level over the course of the pandemic have led to hundreds of thousands of additional COVID-19 cases, according to new research
With CoStar in the game, a new real estate chessboard emerges
People who have done deals with CoStar, or had a catbird seat in CEO Andy Florance's business dealings, say he's cunning, ruthless and plays to win. Sounds like Zillow, right?
by Brad Inman Nov 30
October contract signings surge way beyond last year's levels: NAR
The Pending Home Sales Index, an indicator of future sales based on contract signings, rose 20.2% from October 2019, according to the National Association of Realtors
by Patrick Kearns Nov 30
NYC carpenters union cracks down on members suspected of mob ties
The New York City District Council of Carpenters will expand its authority to bring charges against union members suspected of engaging in organized crime
Title fraud cases surge 31% in Q3
In addition to title fraud, a new report by FundingShield also noted a 90% increase in state licensing issues between the second and third quarters of 2020
by Lillian Dickerson Nov 25
New-home sales soar 41% in October
Inventory continues to be an issue, with an estimated 3.3-months of supply at the current sales rate at the end of the month, down from a 3.6-months supply at the end of September
by Patrick Kearns Nov 25
Mortgage purchases spike as rates hit a new all-time low
Mortgage rates fell to 2.92% this week, down from 2.99% the week previous, according to new Mortgage Bankers Association data released Wednesday
by Patrick Kearns Nov 25
Sotheby's CEO Philip White sees 'very positive' market trends
White described a robust market that has exceeded even his own expectations this year, and added that he believes homes will continue selling well in 2021
by Jim Dalrymple II Nov 25
Searches for homes in urban areas up 200% from last year: Redfin
With the largest annual increase for searches in urban areas so far this year, new data from Redfin released Tuesday suggests Americans haven't given up on cities just yet
by Lillian Dickerson Nov 24
Home prices continued to explode in September: Case-Shiller
Home prices rose 7 percent year over year in September as the hot housing market continued into fall, according to the latest analysis from Case-Shiller
by Patrick Kearns Nov 24
Beyond the headlines: Median prices up 15.5% from last year
Opinion
The median price in October came in at $313,000, for the 104th straight month of year-over-year price gains. We haven’t seen this growth pace since 2006
by Matthew Gardner Nov 24
Low inventory and rising prices to continue in 2021: Homesnap
Homesnap predicts homebuying demand will remain hot and inventory will continue to decline in 2021 — unless sellers can be enticed to enter the market
by Lillian Dickerson Nov 23
The 2 best days to buy a home are right around the corner
Attom Data Solutions examined 27M single-family and condo sales over the past 7 years and calculated the premium or discount paid on any given calendar day
by Lillian Dickerson Nov 23
2020 is the year of the second home
The demand for second homes has risen 100% year over year, according to a Redfin report
by Marian McPherson Nov 20
Realogy CEO doesn’t believe COVID-19 spike will slow down real estate
Ryan Schneider said agents and brokers have shown they can help clients transact safely
by Patrick Kearns Nov 20