New listing volumes are the best lead indicator of the health of real estate. Right now there’s a precipitous decline in available inventory across the…
Posts published in “mike delprete”
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…
Opendoor and Offerpad will now list homes directly, alongside their core instant-offer businesses, underlining the growing convergence of iBuyers and the traditional industry. Ultimately, this…
Real estate tech strategist Mike DelPrete explains pre- and post-shelter-in-place market trends and how real estate agents can prepare for the future. Source: Inman News
A new report from realtor.com found that new listings fell 44.1 percent in April as the outbreak slammed the economy. Source: Inman News
The latest U.S. market data shines a light on what the dip and recovery will look like — a checkmark shape — with an immediate…
Opendoor announced it’s laying off 35 percent of its workforce. The move, designed to give Opendoor more runway, increases its chances of survival, but it…
Several of the earliest hit U.S. markets, with the exception of New York City, have seen an uptick in new listing volumes over the past…
As the pandemic and associated effect on the real estate market spreads, one of the best leading indicators of a decline in transaction volumes —…