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
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
'It’s as hot a seller’s market as I’ve ever seen': More than half of all July home offers faced competition
Salt Lake City, San Francisco and San Diego were the 3 most competitive metro areas for Redfin agents making offers last month, according to a new Redfin analysis
by Jim Dalrymple II Aug 10
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
The Inman Handbook on how to sell a home without setting foot in it
Moving an entire real estate experience online may not be easy, but in the time of the coronavirus pandemic it's necessary — and very doable
by Jim Dalrymple II Jun 15
They hate their homes, and they want out — NOW!
Real estate agents say quarantine has convinced homeowners that they need more rooms, a backyard and plenty of kitchen space — and they want it all now
by Lillian Dickerson May 22
26% of all mortgaged homes were equity-rich in first quarter
Roughly one-quarter, or 26.5%, of the 54.7 million mortgaged homes in the U.S. were equity-rich in Q1 2020, according to Attom Data Solutions' Q1 2020 U.S. Home Equity & Underwater Report
After rocky rollout, agents receive small business loan money
The Paycheck Protection Program has allocated nearly $660 billion for small businesses. Despite glitchy application systems and unresponsive lenders, a number of agents now say they've received funding through the program
by Jim Dalrymple II May 4
How far $1,200 will go for renters and homeowners in 50 US cities
Over 75% of U.S. renters and almost 50% of homeowners could pay one month of housing expenses with a $1,200 stimulus check, according to data from Redfin
by Lillian Dickerson Apr 21
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
Can landlords discriminate based on a tenant's job? It's complicated
The short answer is probably not. The long answer is complicated — and it's happening
by Jim Dalrymple II Apr 3
Market snapshot: California
A ban on construction in the Bay Area, rent strikes in San Diego and new buildings left vacant in San Pedro all as real estate is deemed 'essential' across the state of California
Why teams are best positioned to get great customer service down to a science
Opinion
Like baseball's greatest ever star Ted Williams, agents need to analyze and practice
by Jeff Sibbach Mar 3
Green 1970s home left untouched for 40 years hits the market
The buyer 'MUST love green or bring your paint brush' reads the listing description
Redfin introduces new Redfin Premier service for luxury homesellers
Aimed at sellers of properties worth $1M or more, Redfin Premier offers full-service marketing with an international reach
by Marian McPherson Feb 20