Three Real Estate Initiatives on the California Ballot in 2020
In addition to the presidential, congressional and local elections this year, California voters will decide the fate of twelve state propositions, including three directly related […]
Residential Real Estate
Home Prices Up 13%, Biggest Increase Since 2013, Says Redfin
The U.S. median home sale price increased 13% from 2019 to $319,178—the highest on record, according to a new report from Redfin, the technology-powered real estate brokerage. This […]
New Home Buyers Push Demand for Mortgage Applications Up 33% from Last Year
A report by the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2020 showed that mortgage applications for new home purchases increased […]
Here are the Cities Where Housing Budgets are Stretched the Most/Least
Realtor Magazine recently published an analysis by leading online market place Lending Tree, which looked at how much leverage buyers have in the nation’s 50 […]
Cheap Money Fuels the COVID-19 Housing Recovery
According to Freddie Mac’s latest Primary Mortgage Market Survey for Mid-July 2020, the 30-year fixed-rate mortgage in the U.S. averaged 2.98 percent, the lowest rate in the […]
A Record Number of Americans are Considering Relocating, Says Redfin
A record 27 percent of home searchers are looking to move to another metro area in April and May 2020, according to a new report from Redfin, a […]
Manhattan Apartment Sales Drop to the Lowest Level in 30 Years
Manhattan apartment sales fell by 54% in Q2, the largest percentage decline in 30 years as the real estate lockdown and urban flight due to […]
COVID-19 Infects the Housing Market
Despite an improving unemployment picture and resilient home prices, there are growing signs that the COVID-19 pandemic is finally catching up with the housing market, […]
Despite a Plunge in Sales, Home Prices Continue to Gain Strength
Home sellers have remained steadfast in their asking prices despite a dramatic drop in homes sales as a result of the Coronavirus pandemic, according to […]
New Mortgage Applications Down and Loan Forbearance Numbers Up, Says MBA
New Mortgage Applications Drop by 12 Percent from Last Year According to the most recent Mortgage Bankers Association Builder Application Survey data for April 2020, mortgage applications […]