Low rates have helped fuel an extraordinarily active summer for real estate. Although they remain historically low, a gradual trend upward could be less than stellar news for consumers
During the week ending Aug. 15, 2020, the U.S. median listing price increased 10.1% on an annual basis, the fastest pace of growth since January 2018, according to realtor.com
During the second quarter of 2020, 1.69M refinance mortgages were secured by residential properties in the U.S., a number up nearly 50% from the first quarter, and up more than 100% year over year to its highest level in 7 years
Although the company has provided few details, the announcement at leasts ends months of speculation that Airbnb was on the verge of an IPO
But Redfin warns that lack of economic stimulus plan from Congress could lead to a housing downturn
A new Redfin report found that the median price of a luxury home in the US is $825,000, a 1.2 percent rise from the same period last year
The hottest ZIP codes in the US this year, according to an analysis by realtor.com, are in less populous, less expensive areas where people can socially distance with ease and not worry about breaking the bank if their jobs become less secure during a time of widespread economic uncertainty
'Strong builder confidence and heavy buyer traffic point to further production gains in the near term,' said Chuck Fowke, chairman of the National Association of Home Builders
New rumors suggest the short-term rental giant may file papers to go public as soon as this month. The rumors come as Airbnb's business gradually recovers from a pandemic-related downturn
Big Sky, Montana, is the best place to purchase a vacation home in 2020, according to rental management platform Vacasa's latest market analysis
Rent prices grew by 1.4% in June, down from 2.9% growth last year
As if in a blast from the past, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose 6 points to 78 in August, the index's highest reading since December 1998
Suburban and urban areas also saw home price growth during this period, although not to the extent of rural areas, according to a Redfin report
Six agents and brokers in New York City, Atlanta, Chicago, Minneapolis and Seattle share how they're staying ahead of their clients' newfound interest in suburban living
A new study from Zillow looks at a host of economic factors to see how suburban and urban markets have evolved since COVID-19 arrived in the US
For the week ending Aug. 8, a total of 963K new unemployment claims were reported on a seasonally adjusted annual basis, a decline of 228K from the week prior