5 things to watch for as Redfin heads into 2021
Redfin's iBuying program and ancillary services should continue to be important parts of the company's expansion. It'll also have to contend with flashy rivals and a fair housing lawsuit
by Jim Dalrymple II Dec 7
Mortgages in forbearance remained steady over Thanksgiving
The number of mortgage loans in forbearance stayed constant from the previous week, according to the Mortgage Bankers Association
Why tiny homes are booming during the pandemic
While some Americans see appeal in adopting a more efficient and affordable way of living during a time of economic uncertainty, others see tiny homes as an opportunity for an office or investment property
Pandemic relocation, confidence driving Canadian market: RE/MAX
RE/MAX predicts that the average price of a single-family home in Canada will grow by 4 to 6 percent in 2021
Home prices spike after summer lull: CoreLogic
Nationwide home prices grew at the fastest pace since 2014
New study shows evictions have led to 430,000 COVID-19 cases
Expiring eviction bans at the state level over the course of the pandemic have led to hundreds of thousands of additional COVID-19 cases, according to new research
How to handle buyer's agent commissions when a seller won't pay
Though still relatively rare today, some agents foresee a future in which buyers are more directly responsible for their agents' commissions. That could pose a challenge for buyers — though some agents have already figured out solutions
by Jim Dalrymple II Nov 30
Title fraud cases surge 31% in Q3
In addition to title fraud, a new report by FundingShield also noted a 90% increase in state licensing issues between the second and third quarters of 2020
by Lillian Dickerson Nov 25
Sotheby's CEO Philip White sees 'very positive' market trends
White described a robust market that has exceeded even his own expectations this year, and added that he believes homes will continue selling well in 2021
by Jim Dalrymple II Nov 25
Searches for homes in urban areas up 200% from last year: Redfin
With the largest annual increase for searches in urban areas so far this year, new data from Redfin released Tuesday suggests Americans haven't given up on cities just yet
by Lillian Dickerson Nov 24
Beyond the headlines: Median prices up 15.5% from last year
Opinion
The median price in October came in at $313,000, for the 104th straight month of year-over-year price gains. We haven’t seen this growth pace since 2006
by Matthew Gardner Nov 24
Low inventory and rising prices to continue in 2021: Homesnap
Homesnap predicts homebuying demand will remain hot and inventory will continue to decline in 2021 — unless sellers can be enticed to enter the market
by Lillian Dickerson Nov 23
The 2 best days to buy a home are right around the corner
Attom Data Solutions examined 27M single-family and condo sales over the past 7 years and calculated the premium or discount paid on any given calendar day
by Lillian Dickerson Nov 23
In chaotic times, Zillow becomes the solution to doomscrolling
People in 2020 are treating the ubiquitous real estate portal as part social network and part salve amid a global pandemic and geopolitical chaos. But don't expect a comments section
by Jim Dalrymple II Nov 20
IBuyer market share set to drop by half in 2020: DelPrete
Opinion
The iBuyer market share and transaction volumes isn’t a failure of the model, but rather a result of it
by Mike DelPrete Nov 19
Existing-home sales continue to rise for fifth consecutive month: NAR
Existing-home sales in October 2020 were up 4.3% from the previous month and up 26.6% from one year ago, according to a report from the National Association of Realtors
by Lillian Dickerson Nov 19