Real Estate Markets & Economy
Despite the seeming decline in popularity of house flipping, the gross profit on the typical home flip rose to its highest amount since 2000 of $73,766, up from $69,000 during the second quarter of 2020
From popular ski towns in California to once-sleepy suburbs in New Jersey, these 10 areas are attracting new residents at lightning speed
Although there's hope a relief bill will be passed that includes a 1-month extension, if the moratorium is allowed to expire, as many as 40M renters might be at risk of eviction
While the average rent price rose 3.1% nationwide, Boston and Honolulu were notable exceptions
RentCafe's year-end market analysis covered the rental market's headwinds and a silver lining in the form of increased Gen-Z renting activity
At the National Association of Realtors’ Forecast Summit, economists said the market poses affordability hurdles for first-time buyers — even with mortgage rates at a record low
A demographics panel at NAR's Real Estate Forecast Summit talked about the declining share of first-time homebuyers, the 'baby bust,' and the rise in multigenerational living
Jim Parrott, a nonresident fellow at the Urban Institute, said housing is 'not an abstraction' for the president-elect at National Association of Realtors' Real Estate Forecast Summit
More stimulus is needed to prevent the economy from hitting another 'soft-spot,' according to economists who spoke at annual summit hosted by the National Association of Realtors
As Congress continued to negotiate a stimulus package, 947K individuals filed new unemployment claims, up 229K from the week prior, according to the Labor Department
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