Number of homes for sale declines 15.7% in March

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

Market snapshot: California

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

Foreclosure activity hits lowest point in 15 years

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

10 cities best prepared to weather a coronavirus-fueled economic storm

How cities, businesses and housing markets behave over the next 30 days as the pandemic continues to spread will be crucial on the road to recovery. Continue reading

Mortgage applications surge along with refis

Mortgage applications activity increased by 15.3 percent and the refinance index increased 26 percent during the week ending March 27. Continue reading

36% of home shoppers believe the recession has already begun: Poll

A new survey by Realtor.com reflects the stark contrast in homebuyer sentiment since the beginning of March. Still, many homebuyers are undeterred. Continue reading

Home price gains extend into January — but virus looms large

Home prices rose 3.9 percent in January, but the data does not take into account the impact of the coronavirus pandemic, which didn’t take hold in the U.S. until late February. Continue reading

Making sense of the headlines: How will the housing market fare?

Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner shares why the housing market is poised for a healthy rebound. Continue reading

Home affordability modestly improves in first quarter of 2020

Median home prices were still unaffordable for 66 percent of U.S. counties in Q1 2020, but that number decreased from 70.4 percent in Q4 2019. Continue reading