In November, 16.4% of renters sought out apartments with short-term leases outside of their current metro area, a 40% increase since January, according to Apartment List
In a notable departure from more common iBuying strategies, Redfin's iBuyer program, RedfinNow, will target homes built after 1930 and costing more than $1M in the 2 cities
But how people are finding those homes has changed, according to a study released by the real estate tech company.
According to the National Home Rental Council's Q3 2020 market index, the single-family rental market remains robust as renters flock to the suburbs
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner gives his 2021 forecast
The number of mortgage loans in forbearance stayed constant from the previous week, according to the Mortgage Bankers Association
The company will be listed on NASDAQ under the ticker symbol 'OPEN'
Cities such as Sacramento, California, should do well next year due to affordability, strong job markets and proximity to bigger metros. New York City, on the other hand, may struggle
Opinion
Nobody really knows what will happen next year — or the year after. Shifts are normal for markets, so agents should think through possible changes and plan for them. Here are a few things to consider
The real estate sector — which includes rental and leasing — added 8.5K jobs on a seasonally adjusted rate in November and actually lost 3K jobs if unadjusted for seasonality
The average rate for a 30-year, fixed-rate mortgage fell to 2.71%, the lowest number ever recorded by Freddie Mac's weekly survey of rates, which dates back to 1971
Slack is Salesforce's largest acquisition. Real estate agents should expect to see pitches on how to integrate the communication software
RE/MAX predicts that the average price of a single-family home in Canada will grow by 4 to 6 percent in 2021
A new analysis by consumer analytics company ValueChampion found that the pandemic has actually helped Airbnb achieve greater dominance over the travel booking industry
The short-term rental company is aiming to price at $44 to $50 per share, according to an updated S-1 filing it submitted to the Securities and Exchange Commission on Tuesday
Nationwide home prices grew at the fastest pace since 2014
