Current Market Data

NAR reaches agreement with Department of Justice

The complaint, filed by the Department of Justice on Nov. 19, alleges that the organization’s practices and policies are anti-competitive.

Is 2020 really the year of the suburb?

Is COVID-19 is driving households away from cities to lower density suburbs? RCLCO looks at whether 2020 is indeed the year of the suburbs.

Housing market rebound sets stage for 2021

The boost from loosening credit, along with rising house-buying power, equity and household formation, was strong enough to overcome the negative impact on housing market potential from the increase in tenure length so far in 2020, says Chief Economist Mark Fleming.

Re-imagining real estate in a global pandemic

Empty commercial space is a looming crisis. What if all that unused real estate were converted to housing?

RE/MAX report shows strong sales and shrinking inventory in Houston

The shortage of sellers and abundance of buyers was reflected by a national inventory decrease of 32.5% year over year.

Single-family rent price growth shows a divide in recovery across price tiers

A new report from CoreLogic shows higher-priced rentals returned to 2019 growth rates while the lower-priced tier continues to lag.

Economist sounds warning on unemployment, housing market

“COVID-19 cases are on the rise and there is increasing likelihood of a further impact on economic activity, which may trigger a corresponding increase in unemployment in impacted industries,” says First American Chief Economist Mark Fleming.

Full House: Pandemic buyers want room for multi-generations

A new report from NAR points to changes in homebuyer and home seller behavior brought about by the pandemic.

Homeownership is increasing during the COVID-19 recession: Here’s why

The decision to rent or to buy was once a question of finances and lifestyle preferences, but the coronavirus pandemic has added yet another complex layer to the equation for many Americans.

Endless summer: Amid pandemic, Americans are looking to move to vacation destinations

Metro areas with the highest share of vacation homes are seeing more interest on Zillow and higher pending sales growth than the nation at large.

Sold to the highest bidder: Share of homebuyers getting outbid nearly doubles

Confronted with rising prices and bidding wars, long-haul house hunters are increasingly throwing in the towel.

Zombie property rate down — for now at least

Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.

Pending home sales slide slightly in September

Still all four regions see year-over-year increases in contract activity.

More than 40% of Americans hesitant to move to areas where they’d be in the political minority

Another 16% of U.S. residents would consider leaving the country if their candidate loses, up from 9% in 2016.

Mortgage fraud drops dramatically in Q2

A new report from CoreLogic shows that record-low interest rates and a spike in lower-risk refinance originations have driven the trend.

Expect fall price gains, but 2021 could see a cooling market

The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.

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