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
Many consumers are lowering their targeted price point in case another pandemic comes, according to the survey
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
It has already had a massive impact on our personal and professional lives. Now find out how COVID-19 is poised to continue transforming the real estate industry
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%
It's the lowest since Gallup began conducting homebuyer sentiment surveys in 1978
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
Opinion
The 4 major factors are land, labor, material costs and regulatory fees
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
Opinion
This tactical move is by no means a sign that iBuyers will fail. Opendoor’s deep pockets allow it to weather the current storm and remain intact (albeit smaller)
61% of US markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with 'a huge caveat'
It’ll take several more weeks to fully determine if this is the bottom and possibly several months for new listing volumes to return to normal levels
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
Opinion
No one can truly answer this question until we know how mortgage lenders and homeowners who have chosen forbearance will fare
The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days
