intersection in new york city
The Community Housing Investment Program said that only 10% of its landlords did not receive rent for the coming month
About half of US small businesses have not paid full April rent
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
New listing volumes plunge 50-75% across the globe
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
by Mike DelPrete Apr 7
Post-virus home price growth forecasts show spike in the West
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
February home prices reflect pre-coronavirus market strength
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
Northeast markets most susceptible to impacts of coronavirus
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
Making sense of the headlines: Is the jumbo mortgage market collapsing?
Opinion
The jumbo market has not imploded, but economic uncertainty has led to fewer players in that space today
by Matthew Gardner Apr 6
Announcing Inman Connect Now, June 2-4, 2020
Inman's new virtual event, taking place June 2-4, 2020, will bring together the Inman community in ways never before possible
by Inman Apr 6
Rent growth slows amid coronavirus pandemic
Rents still increased in March, but the growth slowed at a time when rents would normally be rising more quickly
by Jim Dalrymple II Apr 6
Wells Fargo suspends jumbo mortgages as demand fades
In this uncertain market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans during the Covid-19 crisis
88% of Coldwell Banker agents impacted by the pandemic
A survey conducted by the Realogy-owned brand hints at how widespread the economic turmoil from the pandemic is becoming
by Jim Dalrymple II Apr 6
Almost everyone thinks the pandemic will cost them deals
A recent Inman survey showed that the impacts of the coronavirus pandemic have been mixed so far. But nearly everyone in real estate thinks they'll eventually suffer
by Jim Dalrymple II Apr 3
Number of homes for sale declines 15.7% in March
The market started to show a slow down in the second half of March as the coronavirus outbreak settled in, according to data from realtor.com and Redfin
Employment falls for first time in a decade, full picture yet to emerge
The real estate sector — which includes rental and leasing — lost 3,400 jobs in the first 2 weeks of March. The numbers don't reflect 10 million claims filed over the past 2 weeks
by Patrick Kearns Apr 3
Market snapshot: California
A ban on construction in the Bay Area, rent strikes in San Diego and new buildings left vacant in San Pedro all as real estate is deemed 'essential' across the state of California
Coming days will be 'a trying time' for real estate professionals
Thad Wong, co-founder of @properties, said during an Inman Town Hall Thursday that there may be short-term 'sheer havoc' in parts of the industry
by Jim Dalrymple II Apr 2