iBuyers still on slow road to recovery: Redfin

iBuyers purchased 0.3 percent of all homes sold across 418 U.S. metro areas analyzed by Redfin during the fourth quarter of 2020, down from 0.8 percent of all homes sold the year before. Continue reading

Hot market was doused by pandemic, Zillow report shows

A new report shows that what was poised to be “the most competitive” spring market in years instead ended up with plummeting numbers of new listings. Continue reading

US property taxes increased to $306.4B in 2019

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

Inman’s state-by-state guide to evictions, rent and foreclosures

Rent and mortgage payments are due. Different states have different strategies for people who can’t pay during the pandemic. We’re updating this post as the situation evolves. Continue reading

Flipped home sales rose in 2019, but profits dropped

House flips reached their highest point since 2006 last year, but the business of home flipping saw its worst year since the Great Recession, with returns hitting an 8-year low. Continue reading

Flipped home sales rose in 2019, but profits dropped

House flips reached their highest point since 2006 last year, but the business of home flipping saw its worst year since the Great Recession, with returns hitting an 8-year low. Continue reading

Working remotely allows more opportunities for affordable housing

Sixty percent of individuals who work remotely to some degree reported an increase in affordability after relocating, according to a study by Redfin. Continue reading

For-sale housing shortage is driving up rental prices

A lack of affordable for-sale housing is “placing pressure” on the rental market and driving up rent, according to Apartment Guide’s Rent Report 2020. Continue reading

Major Arizona indie brokerage joins eXp

Revelation Real Estate has nearly 900 agents based out of an office in a Phoenix suburb, and had previously made investments in its brick-and-mortar operations. Continue reading

Homebuyers see fierce competition across the country

Low mortgage rates and a lack of inventory have created a highly competitive market. In San Jose, one homebuyer had to put 50% down and write a letter to the sellers in order to beat 24 other offers. Continue reading