New housing construction dives drastically in March
Housing starts are down 22.3% in March but up 1.4% year-over-year
Foreclosure activity continues to decline in March
61% of US markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with 'a huge caveat'
by Lillian Dickerson Apr 15
Banks get first grab at stimulus checks
Those checks of up to $1,200 for an individual and $500 per dependent were expected to assist landlords indirectly, enabling tenants — at least in lower-cost cities — to pay their rent
by Lillian Dickerson Apr 15
Compass agents anticipate post-pandemic buyer's market in California
More than 700 Compass California agents shared their concerns, market predictions for when shelter-in-place laws lift
by Marian McPherson Apr 15
Several US markets see uptick in new listing volume
It’ll take several more weeks to fully determine if this is the bottom and possibly several months for new listing volumes to return to normal levels
by Mike DelPrete Apr 15
Builder confidence plunges in April
The National Association of Home Builders' Housing Market Index fell to 30, down from 72 points in March
Mortgage rates drop to 30-year low
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
by Lillian Dickerson Apr 15
Real estate firms nab $8B in small business stimulus loans
The real estate industry has so far secured 3.22% of the money being doled out as part of the pandemic-prompted Paycheck Protection Program
by Jim Dalrymple II Apr 14
‘Strong recovery’ on horizon, V curve possible, says real estate exec
Patrick Stone, of WFG National Title Insurance Company, said Tuesday that home sales will likely be down in 2020, but overall, he's optimistic about an economic recovery from the current pandemic
by Jim Dalrymple II Apr 14
New listings in Manhattan were down 89% last week
There were only 52 new listings in Manhattan during the second week of April
by Patrick Kearns Apr 14
Market snapshot: Texas and COVID-19
Texas real estate saw a significant slowdown in market traffic once the COVID-19 pandemic arrived, but since then, indications of a rebound have emerged
by Lillian Dickerson Apr 14
Market snapshot: Wisconsin still seeing deals amid pandemic
Agents in Wisconsin are seeing a slow down during the pandemic. But they also said that inventory is so low that competition for homes remains fierce
by Jim Dalrymple II Apr 14
Delinquency rates still low but a pandemic-related jump to come
'We expect delinquency rates to jump significantly throughout the year as the economic toll from COVID-19 becomes more evident,' CoreLogic President Frank Martell said
Making sense of the headlines: What will happen with interest rates?
Opinion
No one can truly answer this question until we know how mortgage lenders and homeowners who have chosen forbearance will fare
by Matthew Gardner Apr 13
Live: the Inman Community Newsroom
Check out our always-on resource for sharing ideas, resources and information in realtime.
by Inman Apr 13
Fed, Treasury launch $600B small business loan program
The Main Street Lending program will provide four-year loans to businesses with fewer than 10,000 employees
by Patrick Kearns Apr 10