Frontline workers are at greatest risk of housing shortage
A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic
by Lillian Dickerson Mar 16
IBuyers still on slow road to recovery: Redfin
IBuyers purchased 0.3% of all homes sold across 418 US metro areas analyzed by Redfin during the fourth quarter of 2020, down from 0.8% of all homes sold the year before
by Lillian Dickerson Mar 11
Opendoor debuts cash-backed offers
Buyers will need to get pre-qualified with Opendoor Home Loans or another mortgage company. Then, Opendoor will pair the buyer with a real estate professional in their market
Orchard expands to 4 new markets in the Southeast
The company is already operating in its newest market Houston and will begin offering its services in Charlotte, Raleigh-Durham and Washington, DC
by Lillian Dickerson Jan 12
Opendoor expands service offerings across multiple markets
The company is expanding its iBuying, in-person and virtual touring and financing services across multiple US markets, according to an Opendoor blog post Thursday
by Lillian Dickerson Dec 10
Western cities will excel amid strong 2021 market: realtor.com
Cities such as Sacramento, California, should do well next year due to affordability, strong job markets and proximity to bigger metros. New York City, on the other hand, may struggle
by Jim Dalrymple II Dec 7
Knock launches its Home Swap service in North Carolina
Home Swap lets real estate consumers buy a new home without having to repair and list their existing residence
by Jim Dalrymple II Nov 19
Vacant zombie properties continue to decline amid foreclosure moratorium
In the fourth quarter of 2020, properties in the process of foreclosure decreased 7.3% from the previous quarter while the number of properties sitting empty declined 4.4%
by Lillian Dickerson Oct 28
How did Charlotte's most expensive home sell in only 4 days?
Listing agent Josh Tucker, of HM Properties' Lake Norman office, told Inman the quick sale had a lot to do with setting up the French-style chateau and drawing attention to it ahead of time
David Hoffman is taking a top Keller Williams team indie
The David Hoffman Group is launching a full-service independent brokerage in Charlotte
by Patrick Kearns Sep 8
Rental concessions are twice as common as in February: Zillow
The proportion of rental listings on Zillow that offer some kind of concession increased from 16.2% in February to 30.4% in July, according to new data released Tuesday
Zombie foreclosures see modest increase in third quarter
Although the total number of properties in foreclosure is down 16% from the previous quarter, zombie foreclosures increased from 3% to 3.7% of all properties, according to Attom Data Solutions
by Lillian Dickerson Aug 26
Home price growth continues surge
US home prices rose by 4.3% year over year in June, according to new data released Tuesday
by Lillian Dickerson Aug 25
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
Home prices begin to stall
Median home prices stayed the same or decreased in 17 states and half of all analyzable metro areas from April to May 2020, according to new figures from Attom Data Solutions