SoftBank's Vision Fund recovery reveals tech's resilience
The venture capital investment arm of the Japanese multinational behind Compass and Opendoor posted a quarterly profit for the first time in a year
by Patrick Kearns Aug 11
Share of mortgages in forbearance continues decline, falling to 7.4%
This week marks the eighth week in a row in which total loans in forbearance have declined. Currently, there are about 3.7 million homeowners enrolled in forbearance plans
by Lillian Dickerson Aug 11
Management platform Breezeway cleans up with $8M funding round
Founded in 2015, Breezeway is a virtual platform that helps manage which property units have been cleaned and maintained. The Series A round was led by firm Schooner Capital
Does the housing ladder still work?
Opinion
The idea is that most people begin their homeownership journey with a starter home and make their way up to more expensive housing. But is that theory still valid — especially now during a pandemic?
by Steve Cook Aug 11
Making sense of the headlines: Homeownership rates in 2020
Opinion
This year's increased rate of homeownership represents the largest quarterly increase on record. But is all actually what it seems? Windermere Chief Economist Matthew Gardner dives deeper into homeownership rates
by Matthew Gardner Aug 11
Here's why one economist believes a foreclosure wave is unlikely
Odeta Kushi, the deputy first economist at First American, doesn't believe the COVID-19 crisis will lead to a massive spike in foreclosures
by Patrick Kearns Aug 10
Did Trump extend the eviction moratorium? Not exactly
Issued Saturday, the executive order offers some mitigation measures, but falls short of extending the moratorium included in the CARES Act
by Patrick Kearns Aug 10
'It’s as hot a seller’s market as I’ve ever seen': More than half of all July home offers faced competition
Salt Lake City, San Francisco and San Diego were the 3 most competitive metro areas for Redfin agents making offers last month, according to a new Redfin analysis
by Jim Dalrymple II Aug 10
Suburbs growing in popularity thanks to coronavirus pandemic
Search data from realtor.com shows that US urbanites are increasingly considering life in the 'burbs
by Jim Dalrymple II Aug 10
July unemployment report shows a long road to recovery
Despite improvements in unemployment and payroll, the July unemployment report shows the US is still far from its pre-pandemic economic strength
by Marian McPherson Aug 7
Move Inc. revenue slides due to 'volatility in the housing markets'
Move parent company News Corp. said revenue declines were primarily due to customer billing relief measures and a weakened real estate market
by Marian McPherson Aug 6
Pre-pandemic inventory lifts Zillow's iBuyer as company rides 'tailwinds'
The online real estate giant brought in $768 million during the second quarter of 2020 while setting a new traffic record with 2.5 billion visits to its website
by Jim Dalrymple II Aug 6
RE/MAX's support for franchisees led to 25% revenue drop in Q2
Despite the nearly 25% decline in revenue, RE/MAX CEO Adam Contos said June was an 'encouraging' month for the housing market
by Patrick Kearns Aug 6
In downgrade, Rocket Companies prices stock at $18 per share for IPO
The total number of shares and pricing is a downgrade from the company's initial announcement offering 150M shares at a price ranging between $20 and $22 per share
by Patrick Kearns Aug 6
More than 1M Americans filed unemployment claims last week
It's the lowest level of new jobless claims since the pandemic began spreading across the United States, but still far ahead of pre-COVID-19 norms
by Patrick Kearns Aug 6
Where are the best and worst COVID-19 rebounds?
A recent Clever Real Estate report looked at the national trends that were spurred this year by COVID-19. Here are a few of them — plus the top five metros with the biggest increases as well as drops in buyer demand
by Luke Babich Aug 6