“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.
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Most Realtors know a fresh coat of new paint can transform a space, but do they know which colors will attract buyers? A new study has the answer.
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“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com
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The work from home phenomenon — and the need for a dedicated home office— is driving demand for more space among both buyers and renters.
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This year, buyers encountered a 21% decrease in listings from the beginning of 2020, along with a 17% price increase to about $20,000 more than anticipated.
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A new report by Redfin shows counties of both political stripes are benefiting from a booming real estate market. See how the numbers break down.
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Re/MAX home sales across the nation were up 4.3% year over year, making it the third best month for home sales in the 13-year history of the report.
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A new report from the financial website Wallethub ranks each state on COVID-19 restrictions.
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The biggest players in the iBuyer market closed up shop at the beginning of the pandemic, and a new report shows the numbers.
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Serious delinquencies are expected to rise — particularly among lower-income households, small business owners and for those working in sectors hard hit by the pandemic.
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