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Posts filtered by tags: Markets & Economy[x]


 

Mortgage rates hit all-time low heading into July 4th weekend

The average 30-year mortgage hit a new all-time low of 3.07 percent this week, according to data from Freddie Mac released Thursday.
Tags: Radio, Mortgage, Freddie Mac, Markets & Economy, Select, Mark Fleming, First American, Sam Khater, Odeta Kushi, Joel Kan, Mortgage Bankers Assocation


Home prices begin to stall

Median home prices stayed the same or decreased in 17 states and half of all metros from April to May, according to new figures from Attom Data Solutions.
Tags: California, New York City, Data, Analysis, Radio, Dallas, Miami, Philadelphia, Louisiana, Washington State, Detroit, South Carolina, Charlotte, Honolulu, Billings, Markets & Economy


Unemployment rate continues decline in June, but virus still looms

The real estate sector — not including rental and leasing — added more than 18,000 jobs in June, according to the US Department of Labor.
Tags: Radio, Jobs Report, Unemployment, BLS, Markets & Economy, Select, First American, Odeta Kushi, COVID-19


New data shows agents are feeling optimistic moving into summer

As states reopen, and the housing industry remains a solid place for consumers to invest, recent data from Homesnap indicates that 2020 may finish stronger than expected.
Tags: Service, Radio, Optimism, Agent, Inventory, Markets & Economy, Brokerage, Select, Homesnap, Closings, Transaction Volume, Rachael Hite, Coronavirus, Agent Satisfaction, Agent Sentiment, Number of closings


Inventory continues to fall in June

Housing inventory across the U.S. was down 27.4 percent year over year, or approximately 363,000 fewer homes, during the same period last year.
Tags: Analysis, Data, Markets & Economy, Select, Active Listings, Average Days On Market, Boston, Cambridge, COVID-19, Dallas-Fort Worth, Danielle Hale, Hartford, Housing Inventory, Jacksonville, Low Inventory, Median Listing Price


Small business loan program ends with billions unspent

The Paycheck Protection Program suffered from a rocky rollout, but ultimately stops accepting applications Tuesday with more than $100 billion on the table.
Tags: Real Estate, Radio, PPP, Industry News, Small Business Administration, SBA, Ben Cardin, Markets & Economy, Brokerage, Select, News Brief, Pandemic, Coronavirus, COVID-19, Paycheck Protection Program


Home price gains are holding steady: Case-Shiller

Home prices were up 4.7 percent year over year in April, according to the S&P CoreLogic Case-Shiller US National Home Price NSA Index, released Tuesday.
Tags: US, Radio, Shiller, CoreLogic, Markets & Economy, Select, Home Prices, Home Sales, Case-shiller, Home Price Index


Making sense of the headlines: A look at housing affordability

Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner takes a look at housing affordability and what it might take to solve the nationwide problem.
Tags: Video, Opinion, Data, Service, Analysis, Radio, Economic Growth, Columns, Mortgage Rates, Affordability, Housing Affordability, Fixed Rate Mortgages, the Federal Reserve, Markets & Economy, Select, U.S. treasury


What agents need to know about mortgages during (and after) COVID-19

As experts and advisers, real estate agents have always played an important role for homebuyers. But it’s clear that during the coronavirus era, they have even more responsibility to educate clients on what's happening in today's market.
Tags: Mortgages, Service, Radio, Teams, Agent, Mortgage, Loans, Markets & Economy, Brokerage, Select, Homebuyers, Mortgage Application, Mortgage Market, Forbearance, Theme Months, Prospective Homebuyers


The rate of Black homeownership has declined in cities since 2012

Minneapolis, Salt Lake City and Milwaukee have the lowest homeownership rate for Black families, according to a new Redfin study released Monday.
Tags: Milwaukee, Regulations, Radio, Inequality, Redfin, Markets & Economy, Brokerage, Select, Redlining, Black Homeownership, Taylor Marr, George Floyd, Minneapolis Salt Lake City


Pending-home sales climbed record-setting 44% from April to May

It was the biggest monthly gain in pending home sales since the National Association of Realtors began recording the forward-looking indicator in 2001.
Tags: Uncategorized, Sales, Radio, NAR, National Association of Realtors, Lawrence Yun, Markets & Economy, Home Prices, Pending Home Sales, MLS & Associations


27% of homebuyers look to relocate to less dense, more affordable areas

A new Redfin report found that pageviews of listings in towns with less than 50,000 residents were up by 87 percent year-over-year in May.
Tags: Work From Home, New York, Boston, Sacramento, Los Angeles, San Francisco, Data, Analysis, Chicago, Austin, Radio, Dallas, Airbnb, Las Vegas, Seattle, Denver


Home tours rebound 21 percent in May: ShowingTime

According to ShowingTime's latest report, virtual showing technology and loosened shelter-in-place restrictions boosted May homebuyer traffic by 21 percent.
Tags: Radio, Home Tours, Markets & Economy, Homebuyers, Buyer Demand, Showingtime, Coronavirus, COVID-19, Virtual showings


Southern renters are benefiting most from pandemic pricing

According to a Zumper analysis published on Thursday, markets in Tennessee, Texas, and Louisiana have experienced the largest rent declines since March.
Tags: Radio, Louisiana, Zumper, Markets & Economy, Select, Renters, Tennessee Texas, Texas Real Estate Market, Coronavirus, Louisiana real estate market, Rent Decline, Rental Prices, Tennessee real estate market


Homes are flying off the market at their fastest rate in 2 years

Homes sold in the U.S. during the second week of June stayed on the market for about 22 days, the lowest number of median days since June 2018.
Tags: New York City, Data, Indianapolis, Radio, Miami, Kansas City, Seattle, Zillow, Columbus, Pittsburgh, Cincinnati, Markets & Economy, Select, Low Inventory, Days On Market, Coronavirus


New jobless claims top 1M for 14th straight week

More than 1.4 million Americans filed for unemployment last week, according to the U.S. Department of Labor.
Tags: Jobs, Housing Market, Economy, Radio, Glassdoor, Department of Labor, Markets & Economy, Daniel Zhao, Jobless Claims


Summer outlook: Vacation rentals roar back to life

Though the pandemic and its various travel restrictions initially looked like bad news for the vacation rental industry, experts now say the sector is on fire.
Tags: Florida, Real Estate, Texas, California, Summer, Analysis, Austin, Radio, Rentals, Vacation Rental, Vrbo, Coldwell Banker, Port Aransas, Markets & Economy, Select, Vacasa


US home affordability makes gains in second quarter

In the second quarter of 2020, median prices of single-family homes and condos have been more affordable than historic averages in nearly half of the United States.
Tags: US, Data, Analysis, Radio, Orange County, Riverside County, San Diego County, Affordability, Cook County, Los Angeles County, Marin County, Harris County, Santa Clara County, San Mateo County, Richmond County, Maricopa County


Is the US housing market recovering? There’s no simple answer

The market is in the midst of recovery, as evidenced by important lead indicators going up after months of lows. But a high-level snapshot does not paint an accurate picture. A deeper look reveals the varied nature of the recovery rollercoaster.
Tags: US, Recession, Housing Market, Data, Analysis, Radio, Recovery, Markets & Economy, Mike Delprete


Home prices continued to rise through the pandemic: FHFA

Home prices were up 5.5 percent year-over-year in April, according to FHFA's home price index.
Tags: Sales, Radio, FHFA, Markets & Economy, News Brief, Home Prices, HPI, Lynn Fisher, Federal Housing Finance Authority


How is COVID-19 affecting new construction?

To understand the state of the housing market, economists often turn to stats on new residential construction for indicators on where the market may be headed. Here's what the data says.
Tags: Supply Chain, Service, Challenges, Radio, Agent, Construction, Builders, Inventory, Markets & Economy, Brokerage, Select, Home Prices, New Construction, Residential Construction, COVID-19, Lindsey Hood


Summer outlook: Real estate leaders upbeat about the coming months

Leaders of both large and small firms envision an active summer selling season. Low inventory and a potential return of the coronavirus, however, remain points of concern.
Tags: Real Estate, Texas, Washington, Oregon, New York City, Analysis, Austin, Radio, Mls, Agent, Corcoran, Coldwell Banker, Realogy, Markets & Economy, Select, Multiple Listing Service


How the pandemic is impacting Americans’ decision to move

According to a recent Apartment List survey, 30 percent of Americans are canceling their moving plans because of coronavirus-induced financial strain.
Tags: Urban, Economy, Radio, Migration, Moving, Suburban, Markets & Economy, Select, Renters, Suburban Areas, Apartment List, Coronavirus, Financial Strain


Millennials are confused about real estate

Although millennials will likely make up the largest percentage of homebuyers this year, the generation appears to be under-informed about real estate.
Tags: Lifestyle, Mortgages, Data, Analysis, Radio, Millennials, Agent, Mortgage, Markets & Economy, Select, Private Mortgage Insurance, Millennial Buyers, Homie, Real Estate Education, Agent Commissions, Buyers Tools


New single-family home sales surge in May, surpassing 2019 numbers

Sales of new single-family homes were up 12.7 percent year over year, according to data released Tuesday by the U.S. Census Bureau.
Tags: Sales, Housing Market, Economy, Radio, Markets & Economy, Select, COVID-19, New Residential Sales, Single-family Sales


The moving industry could lose $2.5B because of COVID-19

Revenue decline across the moving industry could hover between 12.2 percent and 19.9 percent, according to a new study from HireAHelper.com.
Tags: Bloomberg, Data, Analysis, Radio, Goldman Sachs, Moving, Markets & Economy, Select, The Great Recession, Coronavirus, COVID-19, Moving Companies, Moving During Coronavirus, COVID-19 buying trends


Making sense of the headlines: What is high-frequency data?

Did you know that Apple, the TSA, OpenTable and other high-frequency data are helping economists track our economic recovery? Windermere Chief Economist Matthew Gardner explains what high-frequency data is and how he's using it to keep tabs on the recession.
Tags: Video, Opinion, Data, Service, Analysis, Radio, Economic Growth, Columns, Mortgage Rates, Fixed Rate Mortgages, the Federal Reserve, Markets & Economy, Select, U.S. treasury, Matthew Gardner, COVID-19


Will city-dwelling homeowners relocate after the pandemic?

Will the pandemic accelerate urbanization or lead to a reversal of the trend? With the country taking its first tentative steps out of quarantine, experts on both sides can point to facts backing up their theory.
Tags: City, Service, Radio, Agent, Market, Urbanization, Suburbs, Markets & Economy, Brokerage, Select, City Dwellers, Luxury Market, Luke Babich, post-COVID-19 market, Post-pandemic, Re-urbanization


6 ways to set buyer and seller expectations for today’s housing realities

Although it's hard to know how long this pandemic will last, one thing seems certain — the drive to find the ideal home remains a priority. That's why it's important to let buyers and sellers know what to expect. Here's how.
Tags: Service, Radio, Agent, Homebuying, Real Estate Market, Home Sale, Markets & Economy, Select, New Construction, Cara Ameer, Low Inventory, COVID-19, Contingency confusion, Coronavirus Market, Home Market, Inspections and repairs


Summer outlook: A slowing recovery may wait in the wings

While housing has seen a strong recovery, experts say prices may fall later this year. Factors such as unemployment could also weigh down the market.
Tags: Real Estate, New York, Oregon, Sacramento, San Francisco, Economy, Analysis, Radio, Portland, Seattle, Market, Zillow, Great Recession, Redfin, Bay Area, Industry News



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