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  • 34% more homes sold within two weeks in June this year Jul. 15th 2020
    By June 15, the percentage of homes selling within two weeks on market was 34% higher in 2020 than 2019, a Clever report revealed. The post 34% more homes sold within two weeks in June this year appeared first on HousingWire.

  • It’s official: The U.S. won’t see a housing bubble crash anytime soon Jul. 15th 2020
    For months, HousingWire Housing Data Analyst Logan Mohtashami has been telling everyone to wait until July 15 before drawing any conclusions about the imminent demise or survival and recovery of the housing market. That date has arrived, and Mohtashami has plenty to say about it. The post It’s official: The U.S. won’t see a housing bubble crash anytime soon appeared first on HousingWire.

  • Texas housing market suffers from lack of inventory Jul. 15th 2020
    Housing inventory in Texas has hit a new low – a three and a half year-low. Housing sales have also dropped 2.1% year over year in May. The post Texas housing market suffers from lack of inventory appeared first on HousingWire.

  • Young adults are more likely to have moved because of COVID-19 Jul. 14th 2020
    Pew Research said that young adults are among the groups most affected by pandemic-related job losses and by the shutdown of college housing. The post Young adults are more likely to have moved because of COVID-19 appeared first on HousingWire.

  • Forget kitchen upgrades. What everyone desperately wants is a home office Jul. 13th 2020
    The coronavirus pandemic has had a tremendous impact on our lives in one way or another. When it comes to housing, one survey has found that the top reason for moving over the second quarter was a need for more space. The post Forget kitchen upgrades. What everyone desperately wants is a home office appeared first on HousingWire.

  • Redfin: Over half of home offers were in a bidding war in June Jul. 13th 2020
    More homebuyers are entering the market while mortgage rates continue to sink, and as a result, 54% of Redfin offers faced the competition. The post Redfin: Over half of home offers were in a bidding war in June appeared first on HousingWire.

  • Fewer U.S. tenants paid July’s rent Jul. 10th 2020
    According to RealPage, 77.4% of renters living in professionally-managed apartments in the U.S. made their rent payment as of July 6. The post Fewer U.S. tenants paid July’s rent appeared first on HousingWire.

  • New York City apartment vacancy rates reach record highs Jul. 09th 2020
    According to a new report from Douglas Elliman, Manhattan, New York, has now reached the highest vacancy rate in nearly 14 years of being tracked – 3.67%. The post New York City apartment vacancy rates reach record highs appeared first on HousingWire.

  • NAR: Nearly half of members say their market is slowly recovering Jul. 09th 2020
    NAR released its Market Recovery Survey on Thursday, which revealed that 45% of members reported their market has slowly entered recovery mode. The post NAR: Nearly half of members say their market is slowly recovering appeared first on HousingWire.

  • Gentrification comes from lack of housing supply, Urban Institute says Jul. 08th 2020
    Higher housing costs as a result of the shortage inventory leads affluent buyers to seek out low- or moderate-income neighborhoods, creating gentrification. The post Gentrification comes from lack of housing supply, Urban Institute says appeared first on HousingWire.