Asian American homeownership is still lagging: Report
Asian American homeownership rates lag in numerous major cities, including New York, Los Angeles and Boston, according to the Asian Real Estate Association of America
by Jim Dalrymple II Jun 30
The New Normal: What if everyone just stops paying for leads?
They used to be part of everyone’s business model but, increasingly, paid leads simply can’t compete with organic traffic and referrals
by Christy Murdock Jun 10
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
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
'Silence of the Lambs' home hits the market in time for Halloween fright
Buffalo Bill's home in the 1991 film 'Silence of the Lambs,' starring Jodie Foster and Anthony Hopkins, has hit the market for $298,500 in Perryopolis, Pennsylvania
Marketplace for land-focused agents could result in $500M in commissions
The deal with RealX will provide the Land Broker Co-op's 16,000 agents with a platform where they can connect directly to companies interested in leasing property rights
by Andrea V. Brambila Sep 15
FHFA
During the second quarter of 2020, 1.69M refinance mortgages were secured by residential properties in the U.S., a number up nearly 50% from the first quarter, and up more than 100% year over year to its highest level in 7 years
by Lillian Dickerson Aug 19
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
Homes are flying off the market at their fastest rate in 2 years
Homes sold in the US during the second week of June stayed on the market for about 22 days, the lowest number since June 2018, according to a new analysis by Zillow
by Lillian Dickerson Jun 25
Growth in US home value slows at greatest monthly rate since 2019
Home values grew by 0.41% month over month in April, and in May that metric dropped to 0.35% — the largest one-month slowdown in more than a year
by Lillian Dickerson Jun 18
Bonkers Pittsburgh home has starship room, talking alien
The listing asks would-be buyers if they 'like fun and adventure.' And with both castle- and starship-themed rooms, it offers both in spades
by Jim Dalrymple II May 18
Pennsylvania market snapshot: Agents ready for reopening
Gov. Tom Wolf declared real estate a nonessential business at the start of the pandemic, making it a challenge for agents to stay productive. Now that restrictions may start to lift, agents are eager to get back to work
New listings plummeted in April amid coronavirus pandemic
A new report from realtor.com found that new listings fell 44.1 percent in April as the outbreak slammed the economy
by Jim Dalrymple II May 5
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
10 cities best prepared to weather a coronavirus-fueled economic storm
How cities, businesses and housing markets behave over the next 30 days as the coronavirus pandemic continues to spread will be crucial on the road to recovery