Even chaotic times can bring some positive lessons to learn from. Here's how COVID-19 might change the real estate industry and how homebuyers can benefit from the situation
The crisis brought the economy to a standstill and turned the future into a question mark. Help Inman understand how you're coping
Agents who can identify market trends after every period of disruption and adapt to them efficiently are the ones who endure. Here are a few changes we can expect
The new stimulus bill includes $310 billion for the Paycheck Protection Program, which is supposed to help small firms through the pandemic but previously ran out of money
Traffic to listings on Zillow plummeted in the first weeks of the coronavirus pandemic. But it has since rebounded, suggesting more consumers might be ready to buy and sell houses
More than 26 million individuals have filed for unemployment since COVID-19 began spreading throughout the country
The average rate on a 30-year, fixed-rate mortgage could hit 2.9% in 2021, according to Fannie Mae's April housing forecast
The data doesn't yet reflect the impact of COVID-19
Isolation mandates are beginning to lift in a handful of Southern states. Agents across the region believe consumers will race back to the market
The pandemic is not over, but a handful of governors in southern states are gradually reopening their economies. Agents mostly agreed that it's time
The money is meant to replenish the Paycheck Protection Program, a potentially important lifeline for real estate professionals. The program previously ran out of money
Opinion
The current evidence supports more of checkmark-shaped recovery rather than a V- or U-shape — beginning with an immediate drop that lasts 3-4 weeks, followed by a gradual recovery
Sam Khater, the chief economist at Freddie Mac, looks at how 'filtering' impacts home prices in cities
Real estate agents in Montana, Arizona, and Florida explain how the coronavirus has impacted their markets and offer their predictions for a robust recovery
Over 75% of U.S. renters and almost 50% of homeowners could pay one month of housing expenses with a $1,200 stimulus check, according to data from Redfin
As the coronavirus outbreak hit the US, existing-home sales fell 8.5%, according to NAR