The increase sent the Pending Home Sales Index sailing to 122.1, marking the third month in a row of sales growth, according to the National Association of Realtors
Damage incurred as a result of Hurricane Laura's surge is poised to impact at least 431,810 residences with over $88.6 billion in reconstruction costs across Texas and Louisiana
Many U.S. regions are experiencing a surging real estate market, but Jarred Kessler believes it will be short-lived and the market could start to slow as early as October
Corcoran Group shifted hard and fast to a fully virtual agent development program when the pandemic hit New York City mid-March. SVP of Learning and Development Marc Alter told Inman how his coaching team pivoted during the pandemic to best serve their agents
Multifamily vacancies also rose during the second quarter of the year, though the National Association of Home Builders characterized the industry as experiencing a recovery
July also marked the first time ever that the median home price across the entire U.S. rose above $300,000, according to NAR's data
During July, the typical home value was up 4.5% year over year to $253,527, the fastest value rate increase since May 2019
The short-term rental company announced on Thursday a global party ban and an occupancy cap of 16 people at its listings as the coronavirus pandemic continues
The hottest ZIP codes in the US this year, according to an analysis by realtor.com, are in less populous, less expensive areas where people can socially distance with ease and not worry about breaking the bank if their jobs become less secure during a time of widespread economic uncertainty
New rumors suggest the short-term rental giant may file papers to go public as soon as this month. The rumors come as Airbnb's business gradually recovers from a pandemic-related downturn
The move hints at how strongly real estate has bounced back during the pandemic, which is still ongoing and has prompted Opendoor to include virtual assessments for homes
As if in a blast from the past, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose 6 points to 78 in August, the index's highest reading since December 1998
Suburban and urban areas also saw home price growth during this period, although not to the extent of rural areas, according to a Redfin report
About 6% of new single-family homes are built for the purpose of being rented out, which would yield roughly 700K new single-family units being constructed over the next 10 years, a number well short of current demand, according to RCLCO Real Estate Advisors
As quarantining Americans window-shop for new homes, Zillow's mobile app surged to 2.17 million daily active users Thursday, according to Apptopia, an app intelligence company