Aiming for 21 markets by '21, Knock now swapping homes in Denver
After rebranding its Home trade-in model, Knock is now helping sellers swap homes in Denver. Its goal is to reach 11 markets before the end of 2020
by Craig C. Rowe Aug 5
Quarter of homebuyers are moving — and moving sooner than expected
Twenty-five percent of homebuyers reported the pandemic has caused them to move — or speed up their moving timeline, according to a survey conducted by Redfin
With assist from virtual world biz, eXp lands most profitable quarter ever
EXp World Holdings, the parent company of the virtual cloud real estate brokerage, posted a net income of $8.3M in the second quarter
by Patrick Kearns Aug 5
Rents still rising amid pandemic
Rents are following seasonal patterns, though rents are going down in half of coronavirus hotspots, according to Apartment Guide's Mid-Year Rent Report
Hot markets, new opportunities: What agents across the country have to say about the industry
Dozens of agents from across the U.S. and Canada shared insights Tuesday during Inman Connect Now. Overall, they described active markets that have also changed during the tumultuous months of the coronavirus pandemic
by Jim Dalrymple II Aug 4
Which Canadian markets are the hottest right now?
'Even in this time of strangeness that we're going through, we're feeling pretty confident across Canada,' Sandra Kirkland, a broker form Ontario, said at Inman Connect Now
Fleeing New Yorkers are fueling markets in the Northeast
New York City buyers are buying based on the home and agnostic to location, looking as far south as Baltimore according to panelists at Inman Connect Now
by Patrick Kearns Aug 4
COVID-19 may have silver lining for agents, iBuyers: Spencer Rascoff
The former Zillow CEO argued during Inman Connect Now that crises such as the current coronavirus pandemic "have a terrific silver lining for innovators and entrepreneurs"
by Jim Dalrymple II Aug 4
6 habits to adopt now if you want to build wealth
Husband-and-wife team Wendy and Jay Papasan believe periods of crises can be a chance to refocus your financial journey and adopt wealth-building habits. They shared their strategies at Inman Connect Now
Late July home sales prices reach record heights: Redfin
The median home sale price soared 11% year over year during the week ending July 26, bringing that figure up to a record-high of $315K, according to a market report by Redfin
Mortgages in forbearance continue to drop
The total share of loans in forbearance dropped to 7.67% of servicers' portfolio volume, according to data released Monday by the Mortgage Bankers Association
Home prices continued upward trend in June: CoreLogic
Historically low mortgage rates continue to draw in first-time buyers even amid the difficulties wrought by the pandemic
Making sense of the headlines: What you should know about the Case-Shiller Index
Opinion
Windermere Chief Economist Matthew Gardner dives deeper into the lesser known components of the Case-Shiller Home Price Index and what they can tell us about the health of the market
by Matthew Gardner Aug 4
A diverse portfolio is key as Americans flee to the suburbs
3 real estate investing experts share their thoughts on coronavirus-induced urban flight and what it means for property investors
by Marian McPherson Aug 4
Northeastern markets lead the way in post-lockdown recovery
Boston, New York City and Philadelphia have exceeded pre-COVID market pace thanks to rising interest in the suburban listings, according to realtor.com
by Marian McPherson Aug 3
Rent prices are slowing faster in cities than in the suburbs: Zillow
Between February and June, annual rent growth slowed 2 percentage points in urban areas while slowing by just 1.4 percentage points in suburban areas, according to a Zillow study