Airbnb launches new council to address US housing crisis
The Airbnb Housing Council will advise the home-sharing company on policies and initiatives it can support to combat housing affordability and inventory issues
by Ben Verde Jan 19
Marketing can be tough in a shift. These experts show how to nail it
Industry experts said at Inman Connect Now that real estate agents need to focus on the basics, education and their communities, as market winds change direction
by Jim Dalrymple II Jun 23
Knock partners with HomeSmart to roll out services in Baltimore
Baltimore puts Knock at 70 markets nationwide, up from 14 at the start of 2021. The tech-enabled, home loan solutions platform will offer its full gamut of products to the region's consumers
by Craig C. Rowe Dec 16
RedfinNow becomes first major iBuyer to launch in Chicago
The expansion follows RedfinNow's recent moves into other northeastern markets, including Baltimore, Washington, DC, and Boston
Love that pre-war architectural charm? Head to the East Coast
Buyers can get pretty opinionated when it comes to a home's age and architectural style. Here's a breakdown of where the country's oldest and newest homes are located, and everything in between
by Lillian Dickerson Apr 28
Most cities are making a comeback — but not the priciest ones
Data from Redfin shows that cities are making a comeback, and young white-collar workers are seizing low mortgage rates and work-from-home policies to move to affordable cities
Low interest rates spur new high for mortgage originations
During the third quarter, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years
by Lillian Dickerson Nov 18
Foreclosure activity hits historic lows as filings drop 81%
Foreclosure filings dropped to a new low in the third quarter of 2020 to a number not seen since the first quarter of 2008
by Lillian Dickerson Oct 14
Northeast markets continue to be most at-risk due to pandemic
Parts of New York City, Baltimore, Philadelphia and Washington, D.C., were most vulnerable to economic impacts of the pandemic during the third quarter
US bank repossessions reach new low while foreclosure rates tick up
US bank repossessions dropped by 6% in August to a total of 2,035 properties foreclosed on by lenders, while foreclosure filings rose by 11%
by Lillian Dickerson Sep 10
It's a seller's market all right, and home value growth is accelerating
During July, the typical home value was up 4.5% year over year to $253,527, the fastest value rate increase since May 2019
by Lillian Dickerson Aug 21
VA loan activity swells during coronavirus pandemic
New data from the Department of Veterans Affairs provides further evidence that the pandemic has not slowed down demand for real estate or real estate financing
by Jim Dalrymple II Aug 20
Bank repossessions of homes plunge to lowest level in at least 15 years
Amid federal and state restrictions on foreclosures and evictions, bank repossessions dropped 14% month over month and 80% year over year to just 2,163 US properties foreclosed on by lenders, according to an analysis Thursday from Attom Data Solutions
by Lillian Dickerson Aug 13
Rent prices are slowing faster in cities than in the suburbs: Zillow
Between February and June, annual rent growth slowed 2 percentage points in urban areas while slowing by just 1.4 percentage points in suburban areas, according to a Zillow study
US home sale profits rise to new post-recession high
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
by Lillian Dickerson Jul 22