Homes are selling at the fastest rate ever recorded by Zillow
Homes are typically selling just 20 days after hitting the market, according to a weekly market survey published Thursday by Zillow
by Patrick Kearns Jul 17
Housing starts and permits continue to recover from lows
Housing starts jumped more than 17% from May to June as the housing market continues to recover from stay-at-home orders
by Patrick Kearns Jul 17
'Where there’s chaos, there’s opportunity': Agents say pandemic will change real estate
During an Inman Town Hall Thursday a panel of industry professionals said the coronavirus pandemic has created challenges, but that deals are still happening
by Jim Dalrymple II Jul 16
30-year mortgage rates dip below 3% for first time in 50 years
The average 30-year fixed-rate mortgage was reported at 2.98%, down from 3.03%. It's the first time the rate fell below 3% since Freddie Mac began tracking weekly rates in 1971
by Patrick Kearns Jul 16
Home sales have officially exceeded pre-pandemic levels
Fueled by record-low mortgage rates, home sales have surged beyond January and February, according to Redfin's latest monthly market survey
by Patrick Kearns Jul 16
Another 1.3M people filed for unemployment last week
Claims have been decreasing for 15 weeks, from mid-Pandemic highs — when new unemployment claims topped 6 million — but remain ahead of pre-pandemic numbers
by Patrick Kearns Jul 16
US property foreclosure filings hit all-time low
During the first six months of 2020, foreclosure filings hit an all-time low of 165,530 properties, according to a new report by Attom Data Solutions
by Lillian Dickerson Jul 15
Today is tax day: What real estate agents need to know
After 3 months of freedom from thinking about taxes, the big day has arrived. Here's what you need to know about filing your taxes today
by Lillian Dickerson Jul 15
This is the 'sweet spot' for when to buy a home
Is there a sweet spot for homebuyers when it comes to matching ample inventory with a reasonable sales price? According to a new analysis by NerdWallet, the answer is yes
by Lillian Dickerson Jul 15
Mortgages in forbearance decline for fourth consecutive week
The total number of mortgages in forbearance declined for the fourth consecutive week, from 8.39% of servicers' portfolio volume to 8.18% during the week ending July 5, 2020
by Lillian Dickerson Jul 14
April delinquency rates soar amid pandemic
Nationwide delinquency rates were at 6.1% in April, signaling a troubling trend ahead
Making sense of the headlines: How has COVID-19 impacted housing supply?
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner examines how the housing market has fared over the past 16 weeks and what to expect as we move through the year
by Matthew Gardner Jul 14
New York City apartments reach highest vacancy rates in 14 years
The apartment vacancy rate in Manhattan reached a 14-year high of 3.67% in June — the highest rate reached since Douglas Elliman began tracking this data
by Lillian Dickerson Jul 10
Homes continue to sell at fastest pace in 2 years
Sellers continue to be at an advantage in July in the wake of the pandemic, with homes leaving the market at their most rapid pace since Zillow began analyzing this data in 2018
by Lillian Dickerson Jul 10
paying mortgage
Boston experienced the highest frequency of bidding wars, with 72.4% of all offers facing competition, according to a Redfin survey released Friday
by Patrick Kearns Jul 10
East Coast markets most vulnerable to economic impacts of COVID-19
Markets on the East Coast and in Northern Illinois were most vulnerable to the effects of the coronavirus pandemic during the second quarter, according to Attom Data Solutions
by Lillian Dickerson Jul 10