This week, the National Association of Realtors reported the most significant month-to-month increase in existing home sales ever recorded. Logan MohtashamiLead Analyst While this has to be taken in the context of the COVID-19-induced depression, the housing market has been
This is your last chance to become a 2020 Vanguard
Calling all 2020 Vanguards: You’re at the top of your field, leading the housing industry to new heights. Many have already heard of you because you are making your mark through innovation, strong leadership and a drive to make the
Seller’s market: Profits on home sales climb 16% in second quarter for a total ROI of 36%
Home sellers gained on average a $75,971 profit on a typical sale in the second quarter of 2020, according to a U.S home sales report from ATTOM Data Solutions. Up from $65,250 in the first quarter, home sellers experienced a
With Added Unemployment Payments Set to Expire, Housing Insecurity Could Reach Perilous Levels
Weekly $600 payments and eviction moratoriums have been a lifeline for many renters out of work, but expiration dates loom Go to Source Author:
More Homes Were Sold Last Week Despite Desperately Low Inventory
This Zillow Weekly Market Report includes housing market data as of the week ending July 18. Go to Source Author:
Heavy Buyer Demand Tilting Market in Favor of Sellers
This Zillow Weekly Market Report includes housing market data as of the week ending July 4 Go to Source Author:
No Bargains in Sight as Home Prices Show Little Impact from Coronavirus
Sale price growth has slowed slightly, but Zillow expects it will re-accelerate soon Go to Source Author:
Home Shopping Season is in Full Swing After Coronavirus Delay
Zillow data reveals pending sales grew faster than new listings through June, as buyers are snapping up homes at a record pace Go to Source Author:
San Francisco Real Estate Market 2020 Overview
Let’s get an overview of the San Franciso real estate market. This article has been updated to reflect recent changes in the housing market of San Francisco due to the coronavirus pandemic. San Franciso consistently ranks among the most expensive real
Housing Market 2020 Predictions: Home Prices & Forecast
If you’re wondering what the state of the housing market will be like over the next twelve months, especially if you’re a real estate investor, then here is some good news for you. Given the current fundamentals, real estate should
Fintech startup Brex partners with UMB to offer FDIC insurance to customers
This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. Fintech startup Brex, which is building out a bank alternative for startups, announced today the addition of
Single-family rent price growth slowed in May
Single-family rent growth slowed in May, according to CoreLogic. The annualized increase in rent slowed to 1.7%, the smallest gain in nearly a decade, down from 2.9% a year ago, according to the CoreLogic Single-Family Rent Index. Leading up to
[PULSE] Mortgage brokers should take this opportunity to rally and show leadership
With great power comes great responsibility – and the independent mortgage broker community is steadily increasing its leverage within the mortgage industry. Mortgage brokers have created outstanding momentum over the last few years, making up roughly 20% of the overall
Austin, Texas, rolls out emergency rental assistance program
As the $600 COVID-19 unemployment bonus comes to an end this month, many people will be left not knowing how they will pay their bills. In anticipation of that, the City of Austin, Texas, on Tuesday announced the rollout of
Kudos: Trade associations work with communities to provide COVID-19 relief
Mortgage and real estate associations have long served as a backbone for their members, with the COVID-19 pandemic only reaffirming this support as members mobilized quickly to provide COVID-19 relief. As their members quickly took action to donate supplies, money
Home sales jump a record 21% in June, NAR says
U.S. existing-home sales rose 21% in June, the biggest monthly gain on record, according to the National Association of Realtors. Sales of single-family homes, townhomes, condominiums, and co-ops rose to a seasonally adjusted 4.72 million at an annual pace after
U.S. home prices grew 4.9% in May despite pandemic
U.S. home prices gained 4.9% in May from a year earlier as low mortgage rates and a shortage of listings boosted competition for properties and kept values growing even amid the COVID-19 pandemic. The pace was lower than the annualized
Is July’s forbearance extension spike a sign of trouble?
As mortgage forbearances dropped from 8.55% to 7.8% in the past five weeks, forbearances that received extensions jumped from 6.52% to 48.06%. Is this a sign of trouble for homeowners and the economy? Let’s examine what’s driving this trend, key
Nexsys partners with digital insurer Lemonade on homeowners’ insurance verification
This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. The competition in the home insurance space continues to heat up. On the same day that insurtech
DIY landlord platform Avail raises $4.2 million in Series A round
DIY landlord and renter platform Avail announced Wednesday that it raised $4.2 million in a Series A round of funding, led by St. Louis-based venture capital firm Cultivation Capital. The company said the funding will go toward accelerating its position
How To Choose Your Ideal Real Estate Agent
Congratulations, you’re in the market to buy a house. Or perhaps you are ready to sell. It’s time to choose a real estate agent to guide you through what can be a challenging – and sometimes stressful – process. So,
The Nation’s #1 Agent, Kyle Seyboth, Joins the Relentless
It’s safe to say that only the best agents in the game affiliate with the CENTURY 21 brand. It should be no surprise that we just welcomed the *nation’s number one real estate agent, according to The 2020 RealTrends, to
The Key to Pandemic Homebuying? “An Agent that gives 121%” Say Military Families
Before COVID-19, most homebuyers wouldn’t consider purchasing a home without being able to see it in person first. The global pandemic is changing the way homebuyers are finding the perfect home, leaving them to face this new and uncertain reality.
Minneapolis Real Estate Market 2020 Overview
This article has been updated to reflect recent changes in the Minneapolis real estate market due to the coronavirus pandemic. We’ll be discussing the housing market trends for the Twin Cities Metro Area. Our focus for real estate investment would be the