Making sense of the headlines: Homeownership rates in 2020
Opinion
This year's increased rate of homeownership represents the largest quarterly increase on record. But is all actually what it seems? Windermere Chief Economist Matthew Gardner dives deeper into homeownership rates
by Matthew Gardner Aug 11
Here's why one economist believes a foreclosure wave is unlikely
Odeta Kushi, the deputy first economist at First American, doesn't believe the COVID-19 crisis will lead to a massive spike in foreclosures
by Patrick Kearns Aug 10
Did Trump extend the eviction moratorium? Not exactly
Issued Saturday, the executive order offers some mitigation measures, but falls short of extending the moratorium included in the CARES Act
by Patrick Kearns Aug 10
'It’s as hot a seller’s market as I’ve ever seen': More than half of all July home offers faced competition
Salt Lake City, San Francisco and San Diego were the 3 most competitive metro areas for Redfin agents making offers last month, according to a new Redfin analysis
by Jim Dalrymple II Aug 10
Suburbs growing in popularity thanks to coronavirus pandemic
Search data from realtor.com shows that US urbanites are increasingly considering life in the 'burbs
by Jim Dalrymple II Aug 10
July unemployment report shows a long road to recovery
Despite improvements in unemployment and payroll, the July unemployment report shows the US is still far from its pre-pandemic economic strength
by Marian McPherson Aug 7
Move Inc. revenue slides due to 'volatility in the housing markets'
Move parent company News Corp. said revenue declines were primarily due to customer billing relief measures and a weakened real estate market
by Marian McPherson Aug 6
Pre-pandemic inventory lifts Zillow's iBuyer as company rides 'tailwinds'
The online real estate giant brought in $768 million during the second quarter of 2020 while setting a new traffic record with 2.5 billion visits to its website
by Jim Dalrymple II Aug 6
RE/MAX's support for franchisees led to 25% revenue drop in Q2
Despite the nearly 25% decline in revenue, RE/MAX CEO Adam Contos said June was an 'encouraging' month for the housing market
by Patrick Kearns Aug 6
In downgrade, Rocket Companies prices stock at $18 per share for IPO
The total number of shares and pricing is a downgrade from the company's initial announcement offering 150M shares at a price ranging between $20 and $22 per share
by Patrick Kearns Aug 6
More than 1M Americans filed unemployment claims last week
It's the lowest level of new jobless claims since the pandemic began spreading across the United States, but still far ahead of pre-COVID-19 norms
by Patrick Kearns Aug 6
Where are the best and worst COVID-19 rebounds?
A recent Clever Real Estate report looked at the national trends that were spurred this year by COVID-19. Here are a few of them — plus the top five metros with the biggest increases as well as drops in buyer demand
by Luke Babich Aug 6
In a positive sign, number of equity-rich properties continues to rise
During the second quarter of 2020, equity-rich properties outnumber seriously underwater properties 4 to 1, according to a report by Attom Data Solutions
older millennial
A new report from Point2 found that searches for houses have exploded post-lockdown and that women are doing most of the house-hunting
Real estate tech facing 'gale-force headwinds' amid pandemic
A new report from venture capital firm MetaProp shows COVID-19 has sapped investor confidence, though the firm's founder remains optimistic about the future
by Jim Dalrymple II Aug 5
Mortgage applications drop 5.1%
The decline in loan application activity may be a result of rising coronavirus cases in many states, as well as the delay of a new government-issued stimulus package