Real Estate Markets & Economy
New residential construction increased 14.2% year over year in October, marking 6 consecutive months of annual gains, according to the US Census Bureau's latest report
Rent for a single-family home grew by 2.5% in September, the largest increase since March
Matt Roberts said that once lockdowns lifted, Americans flocked to short-term rentals, though their preferences are changing
The short-term rental platform lost nearly $1 billion during the first half of 2020. But a rebound in travel actually allowed it to turn a profit in the third quarter
M. Ryan Gorman said family moves are helping keep the housing market strong despite broader economic challenges during the coronavirus pandemic
An effective vaccine could mean a spike in interest rates and return to some pricy metro markets, economists and agents told Inman
Opinion
What's the future of the housing market? 'We just don't know!' Windermere Chief Economist Matthew Gardner explains that Senate control will have more of an impact
Back in October, the company launched its Home Sales Predictor and has now released U.S. home sales forecasts for November and December
A report by Attom Data Solutions reveals that opportunity zones experienced a strong quarter, but gains still fell below the pace of broader metro areas across the US
Helping renters become homeowners is about mindset — both yours and your clients'. Here's how to evaluate the renter leads you receive and convert them into homeowners when their lease expires
A total of 11,673 US properties received foreclosure filings in October 2020, according to a new report from Attom Data Solutions released Tuesday
CoreLogic reported a 2.9% rise in mortgage delinquencies in August compared to last year
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner examines jobs numbers. Although they beat forecasts, at October's pace, it would still take about another 16 months for employment to return to pre-pandemic levels
Closed sales of existing homes increased 9.4% from August to September, yielding a 20.9% increase year over year, the highest rate recorded since 2006
The scorching housing market lifted the nation's largest real estate companies out of their second quarter slumps, according to Q3 earnings calls this week and last week
The unemployment rate declined to 6.9%, according to the Bureau of Labor Statistics, but the country as a whole is still down about 10M jobs since February's pre-pandemic levels
RE/MAX 's Q3 2020 total revenue declined 0.7% annually to $71.1M as the company bounces back from a decline in dues and franchise fees