The apartment vacancy rate in Manhattan skyrocketed to 3.67 percent in June — the highest rate reached since Douglas Elliman began tracking this data. Source:…
Posts published in “Markets & Economy”
Sellers continue to be at an advantage in July, with homes leaving the market at their most rapid pace since Zillow began analyzing this data…
Boston saw the highest frequency of bidding wars, with 72.4 percent of offers facing competition, according to a Redfin survey released Friday. Source: Inman News
Markets on the East Coast and in Northern Illinois were most vulnerable to the effects of the coronavirus pandemic during the second quarter. Source: Inman…
New data from the Pew Research Center shows that the pandemic is driving a huge amount of migration. Source: Inman News
The total number of mortgage loans in forbearance dropped to 8.39 percent of servicers’ portfolio volume from 8.47 percent the week prior. Source: Inman News
Of the 32 percent of Americans who didn’t make a full housing payment, 19 percent made no payment at all while 13 percent paid a…
In June, meanwhile, new listings for more affordable homes plunged 29 percent year over year, according to a new Zillow survey released Wednesday. Source: Inman…
The Detroit-based lender announced the Rocket brand in 2015, and now plans to use the symbol RKT on the New York Stock Exchange. Source: Inman…
Luxury brokerages, franchises for brands such as Realogy and Keller Williams, MLSs and local Realtor organizations all received money from the Paycheck Protection Program. Source:…