Nearly 300K homes at risk with Hurricane Delta surge looming
Hurricane Delta is poised to cause property damage to 293,685 single-family and multifamily homes across the Gulf Coast while amassing $62.85B in reconstruction costs
Northeast markets continue to be most at-risk due to pandemic
Parts of New York City, Baltimore, Philadelphia and Washington, D.C., were most vulnerable to economic impacts of the pandemic during the third quarter
Redfin: The coronavirus has a bigger impact on sales than the election
According to Redfin's latest survey, only 22 percent of buyers and sellers are adjusting their real estate plans due to the presidential election
by Marian McPherson Oct 6
'As good as it gets for homesellers': New median US home price record
Amid intense market demand and low inventory, the U.S. median home price hit a record high of $319,769 in the 4 weeks ending September 27, according to data from Redfin
Beyond the headlines: Real estate remains a shining light
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses how the housing market continues to bring out buyers in an economy still mired by the COVID-19 pandemic
by Matthew Gardner Oct 6
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