Tag Archives: Markets & Economy

Compass agents anticipate post-pandemic buyer’s market in California

By | | Uncategorized
Comments Off on Compass agents anticipate post-pandemic buyer’s market in California

More than 700 Compass California real estate agents shared their concerns and market predictions for when shelter-in-place laws lift in the state. Continue reading →

Several US markets see uptick in new listing volume

By | | Uncategorized
Comments Off on Several US markets see uptick in new listing volume

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

By | | Uncategorized
Comments Off on Mortgage rates drop to 30-year low

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 →

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

By | | Uncategorized
Comments Off on Real estate firms nab $8B in small business stimulus loans

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

By | | Uncategorized
Comments Off on ‘Strong recovery’ on horizon, V curve possible, says real estate exec

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 →

Market snapshot: Texas and COVID-19

By | | Uncategorized
Comments Off on Market snapshot: Texas and COVID-19

Texas real estate saw a significant slowdown in market traffic once the COVID-19 pandemic arrived, but since then, indications of a hopeful market have emerged. Continue reading →

Market Snapshot: Wisconsin still seeing deals amid pandemic

By | | Uncategorized
Comments Off on Market Snapshot: Wisconsin still seeing deals amid pandemic

Agents in Wisconsin are seeing a slow down during the pandemic. But they also said that inventory is so low that competition for homes remains fierce. Continue reading →

Delinquency rates still low, but a pandemic-related jump to come

By | | Uncategorized
Comments Off on Delinquency rates still low, but a pandemic-related jump to come

‘We expect delinquency rates to jump significantly throughout the year as the economic toll from COVID-19 becomes more evident,’ CoreLogic President Frank Martell said. Continue reading →