More than 2 months into the US pandemic, Inman's second coronavirus survey indicates agents are losing deals. But there are glimmers of hope as well
Unrivaled technology investment to boost agent efficiency has been a key component of the Compass narrative, but it remains an aspiration rather than a clearly demonstrable reality
As tourism drops and more renters are faced with questions of what comes next, a market for short-term leases and furnished rentals is opening up
Agents in 5 of the country's most glamorous enclaves have been impacted by the pandemic along with everyone else. But they also envision a sharp recovery in the months to come
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
Contract signings are down 20.8% amidst the coronavirus outbreak
Home prices rose 4.2% in February, before closures due to the coronavirus began to wreak havoc on the real estate industry, according to latest US National Home Price NSA Index
Opinion
There will certainly be negative impacts on the housing market from COVID-19, but I anticipate that total existing home sales will drop this year by somewhere between 10-15%
Mom-and-pop landlords have been losing market share for decades. The last time there was a downturn, that trend accelerated
The pandemic is not over, but a handful of governors in southern states are gradually reopening their economies. Agents mostly agreed that it's time
Opinion
The current evidence supports more of checkmark-shaped recovery rather than a V- or U-shape — beginning with an immediate drop that lasts 3-4 weeks, followed by a gradual recovery
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
As the coronavirus outbreak hit the US, existing-home sales fell 8.5%, according to NAR
Opinion
The 4 major factors are land, labor, material costs and regulatory fees
Despite sales falling in many other states across the nation amidst the COVID-19 crisis, Iowa real estate has managed to achieve the opposite
Agents across the state have felt a market impact since the virus took hold, but how and to what extent depends a bit on the region
