Tag Archives: Data

Market snapshot: Florida and the coronavirus pandemic

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Agents across the state have felt a market impact since the virus took hold, but how and to what extent depends a bit on the region. 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 →

Foreclosure activity continues to decline in March

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Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Continue reading →

Several US markets see uptick in new listing volume

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Several of the earliest hit U.S. markets, with the exception of New York City, have seen an uptick in new listing volumes over the past week. There is a hopeful possibility that activity has “bottomed out” and has started to slowly recover in those mar… Continue reading →

Mortgage rates drop to 30-year low

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The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading →

Making sense of the headlines: What will happen with interest rates?

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Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner talks through the 30-year mortgage and how rates will move the rest of this year. Continue reading →

Colorado Springs ranked hottest housing market in March

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The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days. Continue reading →

US property taxes increased to $306.4B in 2019

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The total property taxes levied on single-family homes in 2019 increased by 1 percent from 2018, the smallest increase in the past three years. Continue reading →

About half of US small businesses have not paid full April rent

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About 30 percent of survey respondents said they did not make a rent or mortgage payment in April and 20 percent said they made a partial payment, according to a poll by Alignable. Continue reading →

New listing volumes plunge 50-75% across the globe

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As the pandemic and associated effect on the real estate market spreads, one of the best leading indicators of a decline in transaction volumes — new listings — has dropped an average of 63 percent in the earliest hit markets. Continue reading →