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
Most cities are making a comeback — but not the priciest ones
Data from Redfin shows that cities are making a comeback, and young white-collar workers are seizing low mortgage rates and work-from-home policies to move to affordable cities
Opendoor was one of SoftBank's 'golden eggs.' Is Compass the next?
The SoftBank Vision Fund saw gains of more than $12B in the third quarter as a number of its investments went public, according to an investor presentation Monday
by Patrick Kearns Feb 9
Even as unemployment improves, delinquency rates keep rising
5.9% of homeowners fell delinquent on their mortgages in November, according to new data from CoreLogic
Helping millennial and Gen Z buyers: What you should know
Younger generations are certainly a new breed of buyers, and as we all know, we have to evolve with the times — and the customer. Find that digital and competitive edge to remain relevant and outshine competitors
Bullish analysts send Zillow stock soaring to record high
The company's stock surged to a new all-time high Monday, after multiple analysts upped their price target ahead of the company's earnings report
by Patrick Kearns Feb 8
Real estate photographers robbed in broad daylight in San Francisco
The couple was driving from a photo shoot when someone smashed the window of their car and stole $7,000 worth of camera equipment. The driver of a Tesla caught it on video
Super Bowl short-term rental demand at its lowest since 2014: AirDNA
The 2021 Super Bowl has only brought about a 35% increase in demand for short-term rentals compared to a 50% increase seen in 2020 in Miami and a 263% increase seen in 2019 in Atlanta
The real estate industry added a meager 7,100 jobs in January
The gains come at a time when unemployment remains high at 6.3% on the heels of the US adding just 49,000 jobs, according to data released Friday by the US Department of Labor
by Patrick Kearns Feb 5
New unemployment claims hover above 1M for 11th straight month
New unemployment claims remain sky high, according to data from the US Department of Labor, even as the COVD-19 vaccine becomes more widely available
by Patrick Kearns Feb 4
Equity-rich properties make gains in fourth quarter
The number of equity-rich homes in the U.S. made solid gains at the end of last year, and now account for more than 30% of mortgaged properties