Agents in southern states on board with economic reopening

The pandemic is not over, but a handful of governors in southern states are gradually reopening their economies. Agents mostly agreed that it’s time. Continue reading

US market data suggests a checkmark-shaped real estate recovery

The latest U.S. market data shines a light on what the dip and recovery will look like — a checkmark shape — with an immediate drop, three to four weeks at the bottom and a slow recovery period. Continue reading

How far $1,200 will go for renters and homeowners in 50 US cities

Over 75 percent of U.S. renters and almost 50 percent of homeowners could pay one month of housing expenses with a $1,200 stimulus check, according to data from Redfin Continue reading

Existing-home sales slammed with first major drop in March: NAR

Existing-home sales fell 8.5 percent in March to a seasonally adjusted annual rate of 5.27 million units, according to NAR. Continue reading

Making sense of the headlines: Why is there a housing shortage?

Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner discusses the housing shortage and what drives the price for new homes up. Continue reading

A little good news: Real estate sales are climbing in Iowa

Despite sales falling in many other states across the nation amidst the COVID-19 crisis, Iowa real estate has managed to achieve the opposite. Continue reading

Market snapshot: Florida and the coronavirus pandemic

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. Continue reading

Ryan Gorman: Home prices not likely to see significant drop

Inventory is low and the real estate market is healthier than it was during the last recession. That should keep home prices relatively stable, the Coldwell Banker chief said. Continue reading

Opendoor layoffs are a retreat not a defeat

Opendoor announced it’s laying off 35 percent of its workforce. The move, designed to give Opendoor more runway, increases its chances of survival, but it comes at a competitive cost. Continue reading