Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner looks at last week's real estate and economic announcements, explaining what the data and numbers mean, especially in the context of COVID-19
The start of the month means that over 100 million Americans living in rentals will have to pay rent without the supplemental aid they previously received as part of the pandemic stimulus package
A whopping 64% of prospective homebuyers said they'd spend more than originally planned for the perfect home, according to a survey by LendingTree
The increase sent the Pending Home Sales Index sailing to 122.1, marking the third month in a row of sales growth, according to the National Association of Realtors
Although the total number of properties in foreclosure is down 16% from the previous quarter, zombie foreclosures increased from 3% to 3.7% of all properties, according to Attom Data Solutions
Damage incurred as a result of Hurricane Laura's surge is poised to impact at least 431,810 residences with over $88.6 billion in reconstruction costs across Texas and Louisiana
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner takes a deep dive into the latest data on household debt and credit and what it might mean for post-COVID economic recovery
During July, the typical home value was up 4.5% year over year to $253,527, the fastest value rate increase since May 2019
During the week ending Aug. 15, 2020, the U.S. median listing price increased 10.1% on an annual basis, the fastest pace of growth since January 2018, according to realtor.com
During the second quarter of 2020, 1.69M refinance mortgages were secured by residential properties in the U.S., a number up nearly 50% from the first quarter, and up more than 100% year over year to its highest level in 7 years
The hottest ZIP codes in the US this year, according to an analysis by realtor.com, are in less populous, less expensive areas where people can socially distance with ease and not worry about breaking the bank if their jobs become less secure during a time of widespread economic uncertainty
IBuyers are buying homes again but with a more cautious approach. Once they prove they can survive the pandemic, they’ll still have to overcome the challenge of profitability
As if in a blast from the past, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose 6 points to 78 in August, the index's highest reading since December 1998
Suburban and urban areas also saw home price growth during this period, although not to the extent of rural areas, according to a Redfin report
Amid federal and state restrictions on foreclosures and evictions, bank repossessions dropped 14% month over month and 80% year over year to just 2,163 US properties foreclosed on by lenders, according to an analysis Thursday from Attom Data Solutions
The new listing volume data suggests that the harder the lockdown, the bigger the drop in new listing volumes — and the faster the recovery
