Real Estate Markets & Economy
Opinion
No one can truly answer this question until we know how mortgage lenders and homeowners who have chosen forbearance will fare
A new report shows that what was poised to be 'the most competitive' spring market in years instead ended up with plummeting numbers of new listings
The ongoing coronavirus pandemic has left brokers more pessimistic than ever about the present, though they are more upbeat about the future
The Mortgage Bankers Association said the decrease is due to stricter lending standards and increased likelihood of loan forbearance and defaults
The average rate for a 30-year, fixed-rate mortgage is at an all-time low, but it could drop further if the economy stabilizes
The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days
More than 15M Americans have filed for unemployment insurance since states began issuing stay-at-home orders
The total property taxes levied on single-family homes last year increased by 1% from 2018, the smallest increase in the past three years
A new report found that the number of sales across China's 30 largest cities reached 5,976 on March 31 — an enormous increase from a low of 22 on Feb. 8, when the country was at the height of the pandemic
The Community Housing Investment Program said that only 10% of its landlords did not receive rent for the coming month
About 30% of survey respondents said they did not make a rent or mortgage payment in April, and 20% said they made a partial payment, according to a poll by Alignable
Opinion
One of the top leading indicators of transaction volume decline, new listings, has dropped an average of 63% in the markets earliest hit by COVID-19
In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak, according to forecasting by Veros Real Estate Solutions
Because sales typically represent contracts that were signed in the previous two months, CoreLogic expects the pandemic's effects will start to show in the April data
Counties in the Northeast and Florida are at the greatest risk of taking the biggest hit to the housing market in the wake of the pandemic
Opinion
The jumbo market has not imploded, but economic uncertainty has led to fewer players in that space today
Inman's new virtual event, taking place June 2-4, 2020, will bring together the Inman community in ways never before possible