Tag Archives: COVID-19

Glenn Kelman: Waves of migration, consolidation coming to real estate

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The Redfin CEO said Wednesday the coronavirus pandemic is helping fuel changes in real estate imagery and consumer behavior. Continue reading →

Compass CEO: ‘It’s OK to not be OK in this time’

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Robert Reffkin, one of the few African American leaders in the real estate industry, discussed how agents and allies can help the Black community. Continue reading →

Cash en route to small businesses after House approves new stimulus bill

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The new stimulus bill includes $310 billion for the Paycheck Protection Program, which is supposed to help small firms through the pandemic. Continue reading →

Zillow seeing rising web traffic, growing consumer interest

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Traffic to listings on Zillow plummeted in the first weeks of the pandemic. But it has since rebounded, suggesting more consumers might be ready to buy and sell homes. Continue reading →

Fannie Mae forecasts mortgage rates under 3% for 2021

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The average rate on a 30-year fixed-rate mortgage could hit 2.9 percent in 2021, according to Fannie Mae’s April housing forecast. Continue reading →

Compass cuts salaries and admin staff hours

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Compass is cutting staff salaries across the board a month after laying off roughly 15 percent of its staff. The move comes at the same time the company continues to add new agents, even during a market slowdown. Continue reading →

Agents in southern states on board with economic reopening

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The pandemic is not over, but a handful of governors in southern states are gradually reopening their economies. Agents mostly agreed that it’s time. Continue reading →

Health insurance created by 1 real estate professional for another

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Brian Bushlach was fed up with the insurance options available to real estate professionals, so he decided to create his own health insurance company. Continue reading →

How curbside closings are keeping the market moving

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Due to the onset of COVID-19, real estate is becoming the next big business to leverage the efficiency and convenience of drive-thru deals known as curbside closings. Here’s a look at how various parts of the transaction are coming together to get the … Continue reading →