National News

New listings fall as pandemic concerns keep sellers on the sidelines

A new report offering the first full month of data showing the impact of the COVID-19 pandemic on residential real estate shows that sellers are taking a wait-and-see approach.

New report predicts home prices will continue to rise in 2020

CoreLogic’s March Home Price Index report reveals initial effects of the economic fallout from the COVID-19 pandemic while forecasting slight price growth.

Luxury sellers are hitting the pause button amid economic concerns

Real estate listings are down across the country, but luxury listings are disappearing.

Surveys show buyers, sellers and landlords are adjusting to a new normal

Fewer buyers were delaying their home search by the end of April, according to NAR surveys.

Big dip in pending sales hasn’t touched prices

NAR projects home sales will decline 14% in 2020, but prices will likely remain steady and may even hit a record high this year.

Consumer confidence marks largest drop ever, though long-term view still positive

The numbers are starting to pour in, and they’re certainly not pretty, but a hopeful public looks ahead to brighter days.

What the ‘stickiness’ of home prices means for your clients

A new report by First American Financial Corporation shows housing “may be better positioned than many believe” for recovery.

Guaranteed prosperity through positivity

Victor Ciardelli, CEO of Guaranteed Rate, offers his take on success, the real estate market and the forthcoming economic rebound in a live webinar.

Pet ownership is growing amid the coronavirus lockdown. Here’s what Realtors need to know

Americans are increasingly choosing to quarantine with new pets. NAR’s new report, Animal House: Pets in the Home Buying and Selling Process, examines the trends and the ways pet ownership will influence homebuying decisions moving forward.

Will forbearance backfire? What to tell clients about their options

Some homeowners worry that, after a few months of forbearance, they’ll be required to pay everything they owe upfront, in one lump sum.

New NAR survey shows relative calm among sellers

Few are dropping prices and many plan to carry on with their home sale. Buyers may be a different story, though.

Second stimulus package adds billions in funding for small businesses

Lawmakers have approved another stimulus package aimed at replenishing the Paycheck Protection Program.

Home sales down in March, but prices holding steady

The latest existing home sales report from the National Association of Realtors shows the impact of COVID-19 on sales numbers but not prices.

Tightening credit expected to impact sales, according to new model

First American Chief Economist Mark Fleming predicts a reduction in spring sales activity and a moderation of price appreciation.

Homebuilder confidence takes a hit, though experts see light at the end of the tunnel

Economists believe home sales can help drive the nation’s economic recovery from COVID-19.

A quarter of Realtors have sold homes sight unseen

A National Association of Realtors survey shows that one in 10 members have either seen their business grow or remain flat under COVID-19.

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