How low will it go? 2020 was the year of record-low mortgage rates
Mortgage rates ended 2020 near a record low. Will record-breaking rates continue in 2021?
by Patrick Kearns Dec 31
Jobless claims drop for 2nd straight week — but Google searches are up
More than 840,000 Americans filed new unemployment claims last week as lawmakers agreed on a stimulus deal. Meanwhile, Goggle searches for 'file for unemployment' soared
by Patrick Kearns Dec 31
Homeownership became unaffordable for most Americans in Q4
The average wage fell below the level needed to afford the typical home in the fourth quarter of 2020, according to ATTOM Data Solutions
by Patrick Kearns Dec 30
11 CEOs on 2021: More mergers, more pressure and more growth
The chief executives of Zillow, Redfin, Realogy and more predict what's in store for the new year, including industry consolidation and even more technology acceleration
by Patrick Kearns Dec 30
Housing crunch to blame for third month of pending-home sales dips
Despite the modest slide, the National Association of Realtors' pending home sale index hit an all-time high for the month of November, it was announced Wednesday
by Patrick Kearns Dec 30
inventory crisis
Phoenix, Seattle and San Diego continue to lead the way in home sale price increases
by Patrick Kearns Dec 29
President Trump signs bipartisan relief bill after short delay
The $900B relief bill is part of a larger spending package and includes rental assistance, eviction protections and direct payments
by Patrick Kearns Dec 28
A woman's hand opening a door
A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of another recession
by Andrea V. Brambila Dec 24
Residents are looking to escape these 10 cities
According to new data from Redfin, residents are eschewing both coastal cities with sky-high prices and locations with few economic opportunities
The best month of the year to buy a home in 2020 was November
The median monthly mortgage payment in the US hit a low of $1,094 in November 2020, making it the best month out of the year to buy a home, according to a Redfin analysis
by Lillian Dickerson Dec 23
Here are Inman's 20 most-read news stories of 2020
Bidding wars, record mortgage rates and lots of Keller Williams news dominated the conversation, and Inman's headlines, in 2020
by Jim Dalrymple II Dec 23
The surge in new single-family home sales is slowing down
The sales rate of new single-family homes dropped 11% from October to November
by Patrick Kearns Dec 23
Home prices in October rose at the highest rate in 15 years: FHFA
Prices were up 10.2% from October 2019 to October 2020, according to the Federal Housing Finance Authority's monthly home price index, released on Wednesday
by Patrick Kearns Dec 23
After 5-month stretch, existing-home sales take a step back
Sales were down 2.5% from October, with every region dipping or remaining flat month over month, according to data released Tuesday by the National Association of Realtors
by Patrick Kearns Dec 22
How multifamily complexes can win the amenity arms race
We know that technology and automation are necessary to attract tenants to multifamily complexes. But what developers aren't doing is using this interconnectivity to enhance the feeling of community
by Michael Crow Dec 22
Everything that happened in 2020, the wildest year of our lives
This year had it all: A presidential election, a stock market crash and rebound, and the busiest summer and fall in memory — all amid an unprecedented global pandemic
by Jim Dalrymple II Dec 21