House flipping rates decline while profit margins rise across the U.S.
The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
by Lillian Dickerson Sep 16
11 neighborhoods ripe for opportunity zone investment
A new report by Attom Data Solutions and CityBldr highlights areas with the greatest potential for taking advantage of tax benefits in order to revive densely packed, low-income communities
Rental concessions are twice as common as in February: Zillow
The proportion of rental listings on Zillow that offer some kind of concession increased from 16.2% in February to 30.4% in July, according to new data released Tuesday
As fires ravage California, agents evacuate — and step up
Record-setting fires have burned more than 1.2 million acres in California, forcing hundreds of thousands of people from their homes
by Jim Dalrymple II Aug 25
'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
Multifamily rents fell year-over-year for first time in a decade
Annual rent growth shifted to negative in June, falling to -0.4% to $1,457
by Lillian Dickerson Jul 22
Online searches for single-family homes hits 4-year high: Redfin
In May, 36% of saved searches created by Redfin.com users were filtered exclusively for single-family homes, up from 33% in February and the highest level its reached in 4 years
by Lillian Dickerson Jun 16
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
Luxury snapshot: Agents in high-end markets are staying busy
The market hasn't fully recovered yet, but agents in luxury markets around the US told Inman that deals are still happening and activity appears to be on the rise
by Jim Dalrymple II 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
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
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
Despite softening home price growth, it's still a seller's market
Homeseller profits increased for three years in a row, rising to $65,500 in 2019
by Marian McPherson Jan 22
Prime homebuying season is getting earlier each year: Realtor.com
A new realtor.com market report revealed that buyers in 20 of the 100 largest markets are beginning their home search in January
by Marian McPherson Dec 18