Tag Archives: COVID-19 pandemic

Is the Peloton room on its way out?

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Peloton sales are down, and homeowners may be turning away from their pandemic exercise rooms, agents told Inman following a lackluster earnings report Thursday. Continue reading →

The best marketing ideas come from agents in the field

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Abby Lee, senior vice president of marketing and communications at RE/MAX, shares how she got into the field, why she’s been with the brokerage for over two decades and why the best feedback comes straight from agents. Continue reading →

Demand for second homes drops for second-straight month

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Second-home demand fell 21 percent in July from the previous year, according to a report released Tuesday by tech-powered brokerage Redfin. Continue reading →

The eviction ban returned, but many renters are still at risk

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Renters continue to be impacted in very unequal ways by the economic fallout of the pandemic, and one big reason for that is where they live and how their local municipalities are handling the crisis. Continue reading →

Automated property inspection startup RentCheck raises $2.6M

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The startup, which helps property managers conduct remote, automated property inspections, also earned $1 million in pre-seed funding, and grew exponentially during the pandemic. Continue reading →

‘Work your community’: How new agents can adapt to a slowdown

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Members of the Inman Coast to Coast Facebook group recently shared tips for new agents on how to change with the times as the market experiences a moderate slowdown. Continue reading →

New single-family housing starts ramp up 6% in June: Census Bureau

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The increase in housing starts is a welcome gift, but experts say builders aren’t yet betting recent improvements in materials costs are here to stay for the long term. Continue reading →

Long Island man continues 20-year stint in house on just 1 mortgage payment

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Guramrit Hanspal, who hasn’t made a mortgage payment on his home since 1998, avoided another court confrontation — and eviction — in early July. Continue reading →

Pending-home sales take 4.4% hit in April

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In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5 percent from March to April. Continue reading →

Rents rise in suburban and rural areas, remain flat in urban centers

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Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines Continue reading →