More than half of homebuyers likely to buy a home within next year
53% of homebuyers say they now plan to buy a home within the next year as a result of factors surrounding the pandemic, according to online lending marketplace LendingTree
COVID-19-related forbearance volumes decline for first time since pandemic hit
Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending on June 2, the first weekly decrease since the CARES Act went into effect
Manhattan real estate sales fall 84%
Only 160 contracts were signed in the New York borough in May — an 84% drop compared to 992 last year, according to a new UrbanDigs study
Home prices were still soaring in April amid pandemic's peak
April home values rose by 5.4% year over year and 1.4% from the previous month, according to the latest data from CoreLogic
Making sense of the headlines: How long will interest rates stay low?
Opinion
It's been a couple of months since the start of the COVID-19 outbreak, so this week, Windermere Chief Economist Matthew Gardner revisits the topic of mortgage rates and shares his forecast for the rest of the year and 2021
by Matthew Gardner Jun 2
Some landlords got aid money. Many others were excluded
Smaller landlords form the 'backbone' of the residential rental industry. But they have been largely excluded from the Paycheck Protection Program during the coronavirus pandemic
by Jim Dalrymple II Jun 1
41% of homebuyers would go over budget by $25K for the perfect home
Although 80% of homebuyers consider price to be the most important consideration of a purchase, 41% were willing to go above budget by an average of $25K for the perfect home
Months into pandemic, 70% of guests are afraid to stay in an Airbnb
Additionally, nearly half of Airbnb hosts reported that they don't currently feel safe renting out properties, according to a survey by IPX1031
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
New-home sales rose modestly in April
Sales of new single-family homes rose 0.6% to a seasonally adjusted rate of 623,000 in April, according to US Census Bureau data released Tuesday
Even as virus spread in March, home prices grew modestly
Home prices rose 4.4% in March, up from 4.2% during the previous month, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday
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
DelPrete: How the pandemic has impacted international markets
Opinion
Evidence suggests that once restrictions are lifted in the hardest-hit markets, new listings rebound quickly
by Mike DelPrete May 21
Time on market sees greatest increase in 7 years
Homes sat on the market 15 days longer than last year during the week ending May 16, resulting in the greatest increase in time on market since 2013, according to realtor.com
by Lillian Dickerson May 21
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
Louisiana market snapshot: Consumers coming 'out of their shells' as market rebounds
The coronavirus pandemic hit Louisiana hard, and the real estate industry there suffered. But agents say their business is now on the road to recovery
by Jim Dalrymple II May 19