Chase settles with Black homeowner over alleged discriminatory appraisal

The lender will pay the Chicago homeowner $50K and provide mandatory training to its employees on fair lending and appraisals. Continue reading

CDC guidelines may pave the way for open houses, more normalcy

The COVID-19 crisis isn’t over, but new guidance gives people significantly more freedom to gather without the encumbrances of the pandemic. That could prove liberating for real estate agents. Continue reading

Post-virus home price growth forecasts show spike in the West

In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak according to forecasting by Veros Real Estate Solutions. Continue reading

Coming days will be ‘a trying time’ for real estate professionals

Thad Wong, co-founder of @properties, said during an Inman Town Hall Thursday that there may be ‘sheer havoc’ in the short-term. 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

Inman’s state-by-state guide to evictions, rent and foreclosures

Rent and mortgage payments are due. Different states have different strategies for people who can’t pay during the pandemic. We’re updating this post as the situation evolves. Continue reading

Baird & Warner donates $150K towards coronavirus response

The Chicago-based brokerage is giving back to the community through its charitable arm Good Will Network. Continue reading

People are fleeing cities amid coronavirus. Where are they going?

Data retrieved Airbnb analysis website AirDNA shows that short-term renters are emptying out of cities and heading to more rural areas as coronavirus cases become more widespread. Continue reading

Coronavirus clauses become ubiquitous as pandemic worsens

From lockdown orders to the prospect of anyone involved in a transaction getting sick, deals are suddenly in a uniquely precarious position. In response, agents around the country are racing to add coronavirus clauses to their contracts. 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