Virtual tours level off as home showings continue unseasonable increase
ShowingTime's Showing Index reported impressive year-over-year growth in home tours as Redfin reports 8-10% of all tours are conducted online
by Craig C. Rowe Oct 2
New jobs report suggests home affordability could weaken
A dip in prime age participation typically goes hand-in-hand with slower wage growth, according to Odeta Kushi, the deputy first economist at First American
by Patrick Kearns Oct 2
'Beginnings of revival' show up in NYC real estate market
After bottoming out in May and June, signed contracts in Manhattan have begun to rebound, according to a new report released Thursday by Warburg Realty
by Jim Dalrymple II Oct 1
These 7 international cities are poised for 'sharp corrections'
Paris and Toronto are among the cities most at risk of experiencing an imminent housing market crash, according to a new UBS Group report released Wednesday
September is no longer the best month to buy a home
Widespread low inventory and skyrocketing demand from cooped-up buyers has led to an unusually competitive fall homebuying season, according to a new realtor.com report
Pending-home sales soar in August
The National Association of Realtors' Pending Home Sales Index skyrocketed 8.8% year over year in August
Mortgage rates hit new record low — but applications wane
Rates hit 3.05% for a 30-year, fixed-rate mortgage, the lowest number ever recorded by the weekly Mortgage Bankers Association survey
by Patrick Kearns Sep 30
Home price gains continue to accelerate: Case-Shiller
Home prices rose 4.8% year over year in July, according to the latest S&P CoreLogic Case-Shiller US National Home Price NSA Index
by Patrick Kearns Sep 29
Share of mortgages in forbearance drops to lowest level since April
Mortgages in forbearance decreased from 6.93% of servicers' portfolio volume to 6.87% during the week ending Sept. 20, according to the Mortgage Bankers Association
by Lillian Dickerson Sep 29
Chocolate factories, churches and courts: Residential conversions heat up
As new apartment building starts slow, commercial-to-residential apartments conversions are picking up steam as they offer renters affordability and style
by Marian McPherson Sep 29
Beyond the headlines: The number that blew through forecasts
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses how new home sales exceeded the annual rate of 1M units for the first time since 2006, blowing past most predictions
by Matthew Gardner Sep 29
Take Inman's latest coronavirus survey here
The pandemic continues to roil the economy and disrupt daily life. Let Inman know how you're doing right now
by Jim Dalrymple II Sep 28
As new home sales soar, listings take a dip in August
New listings of newly constructed homes decreased 4.1% year over year to a seasonally adjusted rate of 74,000 in August, according to a report on Friday from Redfin
by Lillian Dickerson Sep 25
Home price growth stays strong for now — but the future is murky
After forecasting housing price declines of approximately 0.3% this year, experts have adjusted those predictions this quarter to reflect an increase in prices by 3.7%
by Lillian Dickerson Sep 24
New home sales break 1M mark for first time since 2006
Low-interest rates and a lack of existing homes pushed new-homes sales to a new high, according to the US Census Bureau and Department of Housing and Urban Development
by Marian McPherson Sep 24
Homebuyer migration rates reach highest level since 2017: Redfin
At a national level, 28.7% of Redfin.com users looked to move to a different metro area during July and August, according to the brokerage's latest migration report
by Lillian Dickerson Sep 24