Home Builders See Sales Jump as Renters Flee Apartments
New-home sales plummeted for four weeks after the nation shut down and then reversed course. Many would-be purchasers are renters who want more space. Sales of newly built homes started … Continue reading
56% of Consumers Unafraid of In-Person Real Estate Events
Survey: Most buyers seem ready to move forward with deals. In general, more people feared COVID-19’s effect on society (61%) than how it might impact them. Despite the ongoing COVID-19 … Continue reading
Realtor.com: Expect listing prices to rise this summer
Since the housing market reached what many see as its bottom in mid-April, signs of recovery have re-emerged in May. While the spring home-buying season was delayed due to state … Continue reading
Home-Improvement Projects Surged – But Will It Last?
Sales surged during stay-at-home orders, and some think they’ll plummet later in the year as a result. One wild card: Will a second COVID-19 surge create all-new demand? Stuck at … Continue reading
How Will the Coronavirus Pandemic Transform Housing?
Beyond immediate pandemic-caused problems in the real estate industry, two other changing factors could have a long-term influence: The economy and people’s attitudes. The coronavirus pandemic is roiling the real … Continue reading
Did the Pandemic End the Open Office Space Trend?
Open-layout workspaces may be prime targets for retrofits as companies tried to shield workers from COVID-19 – could the office cubicle make a comeback? The COVID-19 pandemic is making employers … Continue reading
Buyers Aren’t Backing Down – New Loan Applications up 54%
Many buyers view the pandemic as an opportunity rather than challenge. Mortgage bankers say the number of mortgage applications and amount requested keeps going up. Homebuyers are entering the market … Continue reading
Real Estate Is Seeing a V-Shaped Economic Rebound So Far
The market quickly hit bottom during stay-at-home orders but then bounced back with renewed vigor. Long-term strength, however, likely depends on unemployment trends. A number of Americans decided to upgrade … Continue reading
Summer home-buying set to take off
Applications for purchase mortgages gained for the seventh consecutive week to a level that was 18% higher than a year ago, further evidence that we’re headed into a strong summer … Continue reading
Listing Isn’t Good for Pets? 95% of Their Owners May Move On
A Realtor.com survey found that two-thirds of pet owners would even forego a dream home if it couldn’t easily accommodate their pets. While buyers may not buy a home specifically … Continue reading