How real estate agents need to pivot for a downturn

Agents who can identify market trends after every period of disruption and adapt to them efficiently are the ones who endure. Here are a few changes that we can expect based on previous experience. Continue reading

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

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

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

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

‘I’m feeling very optimistic’: Agents in southern states foresee ‘booming’ market as lockdowns lift

Isolation mandates are beginning to lift in a handful of southern states. Agents across the region believe consumers will race back to the market. Continue reading

Agents in southern states on board with economic reopening

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

Senate approves $310B in new funding for small business loan program

The money is meant to replenish the Paycheck Protection Program, a potentially important lifeline for real estate professionals. Continue reading

US market data suggests a checkmark-shaped real estate recovery

The latest U.S. market data shines a light on what the dip and recovery will look like — a checkmark shape — with an immediate drop, three to four weeks at the bottom and a slow recovery period. Continue reading