Tag Archives: COVID-19 pandemic

Improving rates just drove a ‘big week’ for mortgages

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The latest numbers from the Mortgage Bankers Association show that applications for loans increased last week. Rates for a 30-year fixed rate loan averaged 6.16 percent Continue reading →

How homeowners, not builders, are driving Denver’s inventory boom

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How is Denver out so far in front of the pack? Without a building boom, owners of existing homes are flouting a ‘rate lock-in’ and weak demand in a way that helps explain a broader national trend. Continue reading →

Foreclosures were up 9% year over year in May: ATTOM

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States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM’s CEO described the situation as “a mixed picture.” Continue reading →

US inventory exceeds 1M homes for first time in 6 years

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Metro areas with the greatest gains in inventory are those that continued to build during and shortly after the COVID-19 pandemic, while those that did not still lag behind pre-pandemic levels. Continue reading →

What aspect of real estate has changed most in the past 5 years?

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From market changes to regulatory shifts and more, what are the biggest changes you’ve seen over the past five years? Continue reading →

Opendoor, Fathom stocks flirt with $1 threshold — and with disaster

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Companies that can’t keep their shares over $1 risk being delisted from the stock market. Opendoor shares crossed that threshold this week, while Fathom crossed it last month. Continue reading →

NYC’s tax revenue soars, while job market faces its own challenges

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Real estate-related taxes soared to an all-time high of $37 billion last year. That figure is expected to climb even higher to $40 billion in 2025, according to a REBNY report. Continue reading →

Most Gen Z sellers have regrets over pandemic home purchases

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Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading →

Most Gen Z sellers have regrets over pandemic home purchases

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Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading →

Home values have surged at 2X the normal rate since pandemic

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Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading →