Is real estate recovering? Most Realtors say yes
Nearly a third of NAR members told the association they’re prepared for a second wave of the novel coronavirus.
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Unemployment fell in June, but coronavirus setbacks in some states may slow rebound
The Bureau of Labor Statistics reports a drop in unemployment claims in June, as the country added nearly five million jobs. But economists warn a rebound in coronavirus cases could result in another labor shock.
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New construction sales numbers rose 16.6% in May, amid growing builder sentiment
Despite record-breaking unemployment, sales of newly built single-family homes rose in May, as builders rushed to meet pent-up demand and flight to suburbs.
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Sales fell again in May; strong rebound around the corner, says NAR
While existing-home sales were down again, the National Association of Realtors predicts a post-lockdown boom that will surpass 2019 sales figures.
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Call it the coronavirus effect: Young adults are moving back home
Roughly 2.7 million U.S. adults moved in with a parent or grandparent in March and April as the coronavirus pandemic spread, potentially costing landlords hundreds of millions of dollars in monthly rent payments and casting doubt on the future of young workers in particular.
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Lenders predict ‘near term strength’ for the housing market
May applications for new home purchases were up 26% from April, pointing to a recovery that’s already underway.
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Survey finds COVID-19 has disproportionate impact on minority housing options
A higher percentage of black and Hispanic individuals say their housing has been impacted by COVID-19, according to a new survey
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Permits, builder sentiment indicate turning point for the market
In a sign of continued forward momentum, single-family permits posted an 11.9% gain in May, while builder sentiment jumped 21 points in June.
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Pride Month kicks off with landmark decision and new video series
It’s time to celebrate Pride Month and the recent U.S. Supreme Court decision for workplace equality. What better way than to meet some members of the LGBTQ community at RE/MAX?
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Single-family rent prices post lowest growth rate in 9 years
The latest CoreLogic report reveals the first measurable impact to the single-family rent market, pushing price growth to its lowest rate since the initial recovery of the Great Recession.
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