'Great Reshuffling' winds down as COVID hotspots and tech hubs cool
Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis
by Jim Dalrymple II Mar 27
America's hottest neighborhoods: North Winton Village in Rochester, New York
The older neighborhood has long been a more affordable alternative to other trendier parts of the city, but that may soon change as home prices and rents are rising
by Lillian Dickerson May 10
September was a record-breaking month for prices, sales and speed
Rising home prices, increasing sales and fewer days on market characterized a historic September in the United States, according to a report issued Monday by Redfin
by Lillian Dickerson Oct 19
Radio host fired for racist remarks hired at brokerage after RE/MAX rescinds
Former radio host Kimberly Ray, who was fired for on-air racist remarks, has been hired by local Rochester, New York, brokerage Revere Realty
Where are 2020’s hottest ZIP codes?
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
by Lillian Dickerson Aug 18
Inventory continues to fall in June
Housing inventory across the US was down 27.4% year over year, or approximately 363,000 fewer homes during the same period last year, according to realtor.com
Who says you can't go home again? 2.7M adults have moved back home since March
Among 18- to 25-year-olds, a 12% decline in individuals living on their own translates into a $726M slash in rent revenue, according to Zillow. That's 1.4% of the US rental market
by Lillian Dickerson Jun 19
Residential refis make up 55% of home loans in first quarter
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same period last year
by Lillian Dickerson May 20
New York market snapshot: Agents are busy, but inventory is scarce
Agents in New York state can't do in-person showings or open houses. But they told Inman that at least some price points are still seeing a lot of action
by Jim Dalrymple II May 15
Finger Lakes agents prepare as New York begins partial reopening
Although the effects remain to be seen, agents in Rochester and surrounding areas are uncertain whether or not Friday's partial reopening of the economy will have a palpable impact on buyer or seller confidence
by Lillian Dickerson May 13
US property taxes increased to $306.4B in 2019
The total property taxes levied on single-family homes last year increased by 1% from 2018, the smallest increase in the past three years
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
Pending home sales rise in February
According to NAR's Pending Homes Sales Index released on Monday, pending home sales increased 2.4 percent in February
by Lillian Dickerson Mar 30
How real estate professionals are helping their communities during coronavirus
Increasing numbers of people are working from home, and restaurants and schools may be closed, but real estate professionals are still trying to help others in their own way
by Lillian Dickerson Mar 20
A real estate boom in an unlikely place
The upstate city of Rochester, New York, with a population of just over 200,000, is seeing some intense market competition