Tag Archives: COVID-19

‘Surge’ in real estate activity may be coming after the pandemic ends

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Gary Gold and Vija Williams said during Inman’s Town Hall Thursday that once lockdown orders end consumers may race back into real estate. Continue reading →

Opendoor layoffs are a retreat not a defeat

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Opendoor announced it’s laying off 35 percent of its workforce. The move, designed to give Opendoor more runway, increases its chances of survival, but it comes at a competitive cost. Continue reading →

Small business loan program runs out of money after less than 2 weeks

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The money was a potentially vital lifeline for vast numbers of real estate professionals. Unfortunately, it was also plagued by problems. Continue reading →

Here’s how Realogy is prepping agents to ‘rule the recovery’

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Recent changes to Realogy’s Learning Platform is allowing the company to pivot to training that will help agents when the market picks back up. Continue reading →

Banks can now delay appraisals for up to 120 days after closing

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In addition to allowing lenders to delay appraisals for up to 120 days after closing, the temporary rule also allows for desktop appraisals and other forms of assessment flexibility. Continue reading →

Real estate giants’ COVID-19 motion fails to stop commission lawsuit

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Court rules that discovery will continue amid coronavirus outbreak in suit against NAR, Realogy, Keller Williams, RE/MAX and HomeServices of America. Continue reading →

Reffkin: ‘We can sustain a downturn for 6 months, 8 months, 9 months’

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But the Compass CEO also conceded that disruption to the housing market will drive some agents and discount brokerages out of the real estate industry. Continue reading →

Real estate firms nab $8B in small business stimulus loans

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The real estate industry has so far secured 3.22% of the money being doled out as part of the pandemic-prompted Paycheck Protection Program. Continue reading →

‘Strong recovery’ on horizon, V curve possible, says real estate exec

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Patrick Stone, of WFG National Title Insurance Company, said Tuesday that home sales will likely be down in 2020, but overall, he’s optimistic about an economic recovery from the current pandemic. Continue reading →