RE/MAX still bouncing back from Q2 with 0.7% revenue decline
RE/MAX 's Q3 2020 total revenue declined 0.7% annually to $71.1M as the company bounces back from a decline in dues and franchise fees
by Marian McPherson Nov 5
Redfin reports strong earnings, surging demand for housing
The online brokerage raked in $237M in revenue during the third quarter of this year, beating analyst expectations
by Jim Dalrymple II Nov 5
Riding hot market, Zillow posts first profitable quarter in 3 years
Zillow beat expectations, posting $657M in revenue in the third quarter and a net income of $40M
by Patrick Kearns Nov 5
The battle for rent control in California continues with Prop. 21 loss
California voters struck down Proposition 21, which would've expanded local governments' rights to impose rent control on housing exempt under current law
by Marian McPherson Nov 5
Demand is heating up in the Hawaiian luxury market
Hawaii has experienced ups and downs throughout the pandemic, but right now, luxury buyers are craving the aloha lifestyle and a bit of seclusion from the rest of the world
Homes sold faster in October than September for first time since 2011
For the first time in 9 years, homes sold faster in October than September as low-interest rates continue to unlock pent-up buyer demand, according to new data from realtor.com
by Marian McPherson Nov 5
US home equity levels rose in Q3
Equity-rich properties made up about 28.3% of mortgaged homes in the US during the third quarter, up from 26.7% the previous year, according to a new report by Attom Data Solutions
Coldwell Banker CEO: The hot market will continue into 2021
M. Ryan Gorman told Inman that as the pandemic drags on, Americans will keep moving to homes that better fit their needs
by Jim Dalrymple II Nov 5
Americans head to the polls as real estate industry holds breath
Voters have to choose between President Trump and Joe Biden as concerns about unprecedented voter intimidation, fraud and violence swirl around the country. Real estate agents like Ellen Sykes of Warburg Realty volunteered at voting centers across the US
by Jim Dalrymple II Nov 3
Could we see a flurry of foreclosures in 2021?
Opinion
Although there is more demand for housing, there is also a higher risk of losing it, and many economic signs point to a rocky road ahead. Here's why this housing boom won't last
by Andrew Duguay Nov 3
Blue counties yield higher property values, red counties pay fewer taxes
The average home in a Democrat-controlled county is worth 75% more than the typical home in a Republican-controlled county, according to an analysis by Attom Data Solutions
Here's how Trump and Biden stack up on housing issues
The president and former vice president have sharply divergent views of how to handle things like housing affordability, discrimination and homelessness
by Jim Dalrymple II Nov 3
Home price growth reaches 6-year high in September
After a slow summer, home prices rose 6.7 percent in early fall
Rents on the rise for larger units across the country
A new report from Apartment Guide found that studio apartments, which have out-priced one-bedrooms in recent years, are currently the least expensive unit type
Losses from Hurricane Zeta wind and storm surge could reach $4B
Insured wind losses are estimated to cost between $2.2B and $3.5B, while insured storm surge losses could clock in at an additional $300M to $500M, according to CoreLogic
Louisville, Buffalo, Santa Barbara lure out-of-towners amid pandemic
All 3 metros have experienced a net inflow increase by over 100% in the past year, according to a new report from Redfin released Friday
by Lillian Dickerson Oct 30