After a coronavirus-induced standstill, the luxury real estate market in Palm Beach is showing the first signs of picking up. Source: Inman News
Posts published in “Markets & Economy”
The tech-centric brokerage had furloughed 41 percent of its agents amid the economic woes of the coronavirus pandemic. Source: Inman News
According to Apartment List’s latest study, the nonpayment rate for stimulus check recipients was only 3 percent lower than for those who didn’t receive the…
More than 33.5 million people have filed for unemployment since the outbreak exploded in early March, according to the U.S. Labor Department. Source: Inman News
New open home sale transaction volume declined by as much as 50 percent in April, according to Realogy CEO Ryan Schneider. Source: Inman News
Roughly one-quarter, or 26.5 percent, of the 54.7 million mortgaged homes in the U.S. were equity-rich in Q1 2020, according to Attom Data Solutions. Source:…
Three developers share how they’re preparing for a continued surge in affordable housing demand and what needs to be done to meet renters’ needs. Source:…
The coronavirus pandemic has resulted in lenders offering significantly lower average annual percentage rates to homebuyers and refinance borrowers. Source: Inman News
The 30-year, fixed-rate mortgage hit 3.4 percent last week, a record low for the Mortgage Bankers of America survey. Source: Inman News
Agents are hungry to know what’s going to happen to their businesses and the industry as a whole. Leslie Appleton-Young, the vice president of the…