Tag Archives: Analysis

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

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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?

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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

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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

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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

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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

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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 →

Foreclosure activity continues to decline in March

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Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Continue reading →

Several US markets see uptick in new listing volume

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Several of the earliest hit U.S. markets, with the exception of New York City, have seen an uptick in new listing volumes over the past week. There is a hopeful possibility that activity has “bottomed out” and has started to slowly recover in those mar… Continue reading →

Mortgage rates drop to 30-year low

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The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading →