How real estate portals are reacting amid the coronavirus pandemic

As the coronavirus pandemic and the associated impact upon global economies spreads, the world’s leading real estate portals are all making big moves in response. Continue reading

Survival of the fittest: What will it take for businesses to outlast this pandemic?

International and historical data shows that as the pandemic spreads and more stringent lockdown measures are put in place, the volume of real estate transactions will drop significantly — up to 90 percent. Although the drop is temporary, only the most… Continue reading

Refis up 104% year-over-year

Residential refinance mortgages more than doubled in Q4 2019, bringing them to their highest point in nearly seven years. Continue reading

SoftBank may pull out of pledge to buy $3B in shares of WeWork

The Japanese conglomerate has been rapidly losing faith in the co-working space company. Continue reading

How will iBuying fare in a world of social distancing?

The iBuyer business model is uniquely positioned to thrive in a world of social distancing, where people are putting a premium on the ability to conduct business while limiting direct human contact. Continue reading

New housing construction drop again in February

Residential housing starts dropped 1.5 percent to a seasonally adjusted rate of 1,599,000 in February, according to a new sales report released Wednesday. Continue reading

Coronavirus could bring consolidation, layoffs to proptech

Venture capitalists have poured billions into real estate technology. But as the coronavirus hammers the economy, that funding may begin to dry up. Continue reading

Virus prompts nearly a quarter of all sellers to adjust how home is viewed

A survey released Thursday by NAR indicates sellers are cancelling open houses, requiring interested buyers to wash their hands and remove shoes. Continue reading