While landlords may have seen a drop in income due to coronavirus, tenants often face direct layoffs and much less of a financial cushion — and, as Motwani stresses, confrontation is simply not productive
Additionally, nearly half of Airbnb hosts reported that they don't currently feel safe renting out properties, according to a survey by IPX1031
As buyers and sellers second-guess their desires to seal the deal in an uncertain world, many are citing reasons related to the pandemic as justification for breaking contracts. As a result, threats of legal action and lawsuits between buyers and sellers appear to be on the rise
The National Association of Realtors' pending home sales index, a forward-looking indicator based on contract signings, was down 21.8% in April
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020, due to the coronavirus-induced moratorium on foreclosures
Sales of new single-family homes rose 0.6% to a seasonally adjusted rate of 623,000 in April, according to US Census Bureau data released Tuesday
Home prices were up 1.7% quarter over quarter and 5.7% year over year in the first quarter of 2020, according to the Federal Housing Finance Agency in a new report Tuesday
Home prices rose 4.4% in March, up from 4.2% during the previous month, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday
As homebuying demand returns in some parts of the country, Redfin is calling back approximately 350 furloughed employees, including agents
The market hasn't fully recovered yet, but agents in luxury markets around the US told Inman that deals are still happening and activity appears to be on the rise
Opinion
Evidence suggests that once restrictions are lifted in the hardest-hit markets, new listings rebound quickly
Homes sat on the market 15 days longer than last year during the week ending May 16, resulting in the greatest increase in time on market since 2013, according to realtor.com
Existing-home sales in April fell 17.8% from March and 17.2% year-over-year
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same period last year
Four agents in Chicago, St. Louis and Dallas share how they're helping homebuyers navigate a seller's market marred by economic fear and the coronavirus
The pandemic's market impacts have varied across the country. Inman has put together data on those impacts, and talked to dozens of agents on the front lines