Homes are selling at the fastest rate ever recorded by Zillow
Homes are typically selling just 20 days after hitting the market, according to a weekly market survey published Thursday by Zillow
by Patrick Kearns Jul 17
US property foreclosure filings hit all-time low
During the first six months of 2020, foreclosure filings hit an all-time low of 165,530 properties, according to a new report by Attom Data Solutions
by Lillian Dickerson Jul 15
Summer outlook: Pandemic impacts may linger, but agents expect to close deals
More than a dozen agents who spoke with Inman said that inventory shortages and masks will probably be around for some time. But they're also seeing an active market in which offers are pouring in
by Jim Dalrymple II Jun 26
27% of homebuyers look to relocate to less dense, more affordable areas
A new Redfin report found that pageviews of listings in towns with less than 50,000 residents were up by 87 percent year over year in May
by Lillian Dickerson Jun 25
Summer outlook: A slowing recovery may wait in the wings
While housing has thus far seen a strong recovery, experts say prices may actually fall later this year. Factors such as unemployment and foreclosures could also weigh down the market
by Jim Dalrymple II Jun 23
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
Multifamily rents continue to decline in May
As many states began the reopening process in May, rents continued to decline from previous months, according to YardiMatrix's National Multifamily Report for May 2020
Expensive U.S. cities see rents fall amid coronavirus pandemic
San Francisco in particular has experienced a historic drop in rent amid the pandemic, though rents are also down in New York, Boston and other cities
by Jim Dalrymple II Jun 1
Amid halt on foreclosures, zombie property rate remains constant
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020, due to the coronavirus-induced moratorium on foreclosures
by Lillian Dickerson May 27
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
Massachusetts is best prepared for digital economy as Southern states lag
The state ranked high largely because of investment in and support of the tech sector, as well as solid widespread internet connectivity
by Lillian Dickerson May 15
Redfin's Glenn Kelman predicts a 'seismic' shift to smaller cities
Boise, Idaho, and Bozeman, Montana, are likely to see an influx of people as more and more workers operate remotely, the Redfin CEO said Thursday during an earnings call
by Jim Dalrymple II May 8
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
Average APRs see significant declines during COVID-19 pandemic
The coronavirus pandemic has resulted in lenders offering significantly lower average annual percentage rates to homebuyers and refinance borrowers
Sellers earn average price gain of $67,100 in first quarter
The first quarter of 2020 made a strong showing for homesellers, but the data does not yet reflect the full impact of the COVID-19 pandemic on the market
by Lillian Dickerson Apr 29