Here are a few national real estate-related stories and news pieces that came across my screen this week…
- from CNBC: Bidding wars in a pandemic? Housing is heating up fast
- from CNBC: Home sales dropped nearly 18% in April, while decline in inventory pushed prices to a record high
- from The Wall Street Journal: Social Distancing Has Become Second Nature for Remote-Home Owners. “It’s The Biggest Luxury.”
- from the National Association of Home Builders’ Eye on Housing blog: Gains Expected for Single-Family Built-for-Rent Construction
- from Freddie Mac: Mortgage Rates Decrease — Near Record Lows
- from CNBC: Weekly mortgage applications point to a remarkable recovery in homebuying
- from The Mortgage Reports: 2.5% mortgage rates are here. What’s next — 2%? Or even 1%?
- from Redfin: 41% of Redfin Offers Faced Bidding Wars in Late April, Early May Amid Coronavirus Pandemic
- from realtor.com®: Home Sellers Should Channel Patience as Time on Market Shoots Up During the Crisis
- from the National Association of Home Builders: Broad Declines for Home Construction in April
- from Mansion Global: It’s Still a Good Time to Buy in These Migration Boomtowns
- from the New York Post: Non-eviction order leads to squatting in style in the Hamptons