Real Estate News

  • June 1 rent payments show stress, with some cities seeing steep declines Jun. 03rd 2020
    Rent payments made on June 1 have dipped in some states, while others have shown positive growth, according to a survey from LeaseLock. The post June 1 rent payments show stress, with some cities seeing steep declines appeared first on HousingWire.

  • Real estate CEOs talk about digitizing the industry Jun. 03rd 2020
    On the second day of Inman Connects Now, brokers and CEO’s took the virtual stage and discussed real estate’s transition to virtual technologies. The post Real estate CEOs talk about digitizing the industry appeared first on HousingWire.

  • First-hand account: Here’s what it’s like to sell your home during a pandemic Jun. 03rd 2020
    Last week, I decided to sell my home. This is my first-hand account of what it's like to sell your home during a pandemic. The post First-hand account: Here’s what it’s like to sell your home during a pandemic appeared first on HousingWire.

  • No, we’re still not in a housing inventory crisis – Here’s proof Jun. 03rd 2020
    For the past eight years, housing analysts were in near-unanimous agreement that the U.S. housing market was in an inventory crisis. "I did and continue to disagree. Here’s why," Columnist Logan Mohtashami writes. HW+ Premium Content The post No, we’re still not in a housing inventory crisis – Here’s proof appeared first on HousingWire.

  • Airbnb properties wouldn’t make a dent in housing market Jun. 02nd 2020
    While the real estate market has lots of challenges during the COVID-19 pandemic, a tsunami of houses being sold by Airbnb hosts who can’t pay their mortgages isn’t one of them. HW+ Premium Content The post Airbnb properties wouldn’t make a dent in housing market appeared first on HousingWire.

  • Washington D.C. housing market seeing quick rebound from pandemic Jun. 02nd 2020
    The Washington, D.C.-area market is among the most expensive on the East Coast. Redfin reported the average D.C. metro home price last month was $620,000, up 5.1% from one year earlier. The arrival of Amazon’s second headquarters at National Landing in Arlington County has kept prices high for that section of the market. The post Washington D.C. housing market seeing quick rebound from pandemic appeared first on HousingWire.

  • Vacation rental company Vacasa raises $108 million in new funding round Jun. 02nd 2020
    Vacation rental company Vacasa announced it received $108 million in Series D funding, led by Silver Lake and including participation from Riverwood Capital and Level Equity. The post Vacation rental company Vacasa raises $108 million in new funding round appeared first on HousingWire.

  • The number of New Yorkers who can’t pay rent this month has doubled Jun. 01st 2020
    According to PropertyNest, 36.9% of all respondents who live in New York City said they do not have the money to pay rent on June 1. The post The number of New Yorkers who can’t pay rent this month has doubled appeared first on HousingWire.

  • Housing market rebound? To get a home in these cities you have to win a bidding war May. 29th 2020
    Although the increase in purchase mortgage applications signal a rebound of home buyer interest and record-low mortgage rates could spur that further, "steeper declines in inventory could be on the horizon if more sellers don’t list homes to meet rising demand," Realtor.com said in its weekly inventory report released Thursday. HW+ Premium Content The post Housing market rebound? To get a home in these cities you have to win a bidding war appeared first on HousingWire.

  • April’s plunge in pending home sales could mark the bottom, NAR says May. 28th 2020
    Pending home sales in April plummeted a record 21.8% as COVID-19 kept buyers at home, the biggest drop since NAR began tracking transactions in 2001. The post April’s plunge in pending home sales could mark the bottom, NAR says appeared first on HousingWire.