About 30 percent of survey respondents said they did not make a rent or mortgage payment in April and 20 percent said they made a partial payment, according to a poll by Alignable. Continue reading
As the pandemic and associated effect on the real estate market spreads, one of the best leading indicators of a decline in transaction volumes — new listings — has dropped an average of 63 percent in the earliest hit markets. Continue reading
In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak according to forecasting by Veros Real Estate Solutions. Continue reading
Since sales typically represent contracts that were signed in the previous two months, CoreLogic expects the pandemic’s effects will start to show in the April data. Continue reading
Counties in the Northeast and Florida are at the greatest risk of taking the biggest hit to the housing market in the wake of the pandemic. Continue reading
Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner talks through the volatility of the jumbo mortgage market and what it means. Continue reading
A recent Inman survey showed that the impacts of the coronavirus pandemic have been mixed so far. But nearly everyone thinks they’ll eventually suffer. Continue reading
The market started to show a slow down in the second half of March as the coronavirus outbreak settled in, according to data from realtor.com and Redfin. Continue reading
A ban on construction in the Bay Area, rent strikes in San Diego and new buildings left vacant in San Pedro all as real estate is deemed ‘essential’ across the state of California. Continue reading
There were a total of 48,004 properties with foreclosure filings in February 2020, the lowest number since Attom began tracking the data in April 2005. Continue reading