Foreclosures hit post-pandemic high during first quarter of 2022

U.S. foreclosure activity hit a new high not seen since the start of the COVID-19 pandemic, as foreclosures continue to rebound following the lapse of federal moratoriums, according to data from Attom. Continue reading

Existing-home sales drop for second month as buyer demand stalls

Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according to the National Association of Realtors. Continue reading

US housing starts hit fastest pace in 16 years

Privately owned housing starts increased 0.3 percent from revised February figures to a seasonally adjusted annual rate of 1.79 million, according to US Census Bureau data released Tuesday. Continue reading

What economic shocks are in store for the housing market? The Real Word

This week: Byron Lazine and Nicole White examine higher interest rates and their market impact, the average number of offers written per sale according to a new study and value-added home improvements. Continue reading

Blockchain and crypto: What buyers and sellers need to know

Although still in its infancy, blockchain and crypto continue to evolve, garnering significant interest from individuals and large corporations alike. Windermere Real Estate Chief Economist Matthew Gardner shares insights to help you and your clients u… Continue reading

‘New York market remains a juggernaut’ in Q1, condo sales thrive

Quarterly market reports released this week from several area brokerages revealed a luxury market in high demand, with climbing prices and little inventory. Continue reading

Welcome to the new neighborhood. These homes aren’t for sale

In recent years, some of the nation’s most prominent homebuilders have stepped up their focus on homes that are built to rent. In this historically competitive market, is it depriving buyers of inventory? Continue reading

Brokerage disruption, iBuyer momentum, power buyers: A look at tech in Q1

IBuyer momentum, brokerage disruptors and power buyers were all part of the picture of the first quarter of 2022 in the real estate industry. Mike DelPrete takes a look back at the moves that made news already this year. Continue reading

Near-record home price growth persists, but slowdown underway

Home prices were 19.1 percent higher in October than the same time last year — a near-historic rate, but slightly lower than recent months, according to new S&P CoreLogic Case-Shiller index. Continue reading

‘For sale by owner’ homes hit 40-year low. Is it even worth the effort?

Most homeowners who forego an agent are selling to someone they know, leaving a small group that fends for themselves on the open market, several new reports reveal. Continue reading