Luxury home purchases hit record low as buyers eye other investments

Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say. Continue reading

Asian American homeownership is still lagging: Report

Asian American homeownership rates lag in numerous major cities including New York, Los Angeles and Boston. Continue reading

Rents see national growth after 8-month stretch of declines

The US median rent increased 1.1 percent year over year in March after 8 consecutive months of declines, according to a new report from realtor.com released on Tuesday. Continue reading

Frontline workers are at greatest risk of housing shortage

A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic. Continue reading

What should landlords do when tenants can’t pay rent?

The number of people who have filed for unemployment in the past few weeks is approaching 10 million. This week, many of those people also had to pay rent. Continue reading

Foreclosure activity hits lowest point in 15 years

There were a total of 48,004 properties with foreclosure filings in February 2020, the lowest number since Attom began tracking the data in April 2005. Continue reading

Better Homes and Gardens Real Estate expands SoCal presence

Better Homes and Gardens Real Estate is expanding its Southern California presence with a merger and a new affiliation, giving it 13 California-affiliated brokerages and more than 1,500 agents in the state. Continue reading