Manhattan real estate sales fall 84%
Only 160 contracts were signed in the New York borough in May — an 84 percent dropped compared to 992 last year, according to a new UrbanDigs study. Continue reading
Only 160 contracts were signed in the New York borough in May — an 84 percent dropped compared to 992 last year, according to a new UrbanDigs study. Continue reading
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
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
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 fell 8.5 percent in March to a seasonally adjusted annual rate of 5.27 million units, according to NAR. Continue reading
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
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
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
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 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