Small business loan program ends with billions unspent
The Paycheck Protection Program suffered from a rocky rollout, but ultimately stops accepting applications Tuesday with more than $100 billion still on the table
by Jim Dalrymple II Jun 30
Home price gains are holding steady: Case-Shiller
Home prices were up 4.7% year over year in April, according to the S&P CoreLogic Case-Shiller US National Home Price NSA Index, released Tuesday
by Patrick Kearns Jun 30
Making sense of the headlines: A look at housing affordability
Opinion
Windermere Chief Economist Matthew Gardner explains why the issue stems from inadequate supply — in combination with rising, demographically driven demand — pushing prices to record highs and rising faster than incomes
by Matthew Gardner Jun 30
What agents need to know about mortgages during (and after) COVID-19
As experts and advisers, real estate agents have always played an important role for homebuyers. But it’s clear that during the coronavirus era, they have even more responsibility to educate clients on what's happening in today's market
by Salomon Chong Jun 30
The rate of Black homeownership has declined in cities since 2012
Minneapolis, Salt Lake City and Milwaukee have the lowest homeownership rate for Black families, according to a new Redfin study released Monday
by Patrick Kearns Jun 29
housing market
It was the biggest monthly gain in pending home sales since NAR began recording the forward-looking indicator in 2001
by Patrick Kearns Jun 29
Summer outlook: Pandemic impacts may linger, but agents expect to close deals
More than a dozen agents who spoke with Inman said that inventory shortages and masks will probably be around for some time. But they're also seeing an active market in which offers are pouring in
by Jim Dalrymple II Jun 26
27% of homebuyers look to relocate to less dense, more affordable areas
A new Redfin report found that pageviews of listings in towns with less than 50,000 residents were up by 87 percent year over year in May
by Lillian Dickerson Jun 25
Home tours rebound 21 percent in May: ShowingTime
According to ShowingTime's latest report, virtual showing technology and loosened shelter-in-place restrictions boosted May homebuyer traffic by 21 percent
by Marian McPherson Jun 25
Southern renters are benefiting most from pandemic pricing
According to a Zumper analysis published on Thursday, markets in Tennessee, Texas and Louisiana have experienced the largest rent declines since March
by Marian McPherson Jun 25
Homes are flying off the market at their fastest rate in 2 years
Homes sold in the US during the second week of June stayed on the market for about 22 days, the lowest number since June 2018, according to a new analysis by Zillow
by Lillian Dickerson Jun 25
New jobless claims top 1M for 14th straight week
More than 1.4 million Americans filed for unemployment last week, according to the US Department of Labor
by Patrick Kearns Jun 25
Summer outlook: Vacation rentals roar back to life
Though the pandemic and its various travel restrictions initially looked like bad news for the vacation rental industry, experts now say the sector is on fire
by Jim Dalrymple II Jun 25
US home affordability makes gains in second quarter
In the second quarter of 2020, median prices of single-family homes and condos have been more affordable than historic averages in nearly half of the United States
by Lillian Dickerson Jun 24
Is the US housing market recovering? There's no simple answer
Rather than looking at a wholistic picture of the rollercoaster of recovery, think of it as 10,000 different rollercoasters moving independently of one another. Not all markets will recover the same
by Mike DelPrete Jun 24
Home prices continued to rise through the pandemic: FHFA
Home prices were up 5.5% year over year in April, according to FHFA's home price index
by Patrick Kearns Jun 24