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  • The number of New Yorkers who can’t pay rent this month has doubled Jun. 01st 2020
    According to PropertyNest, 36.9% of all respondents who live in New York City said they do not have the money to pay rent on June 1. The post The number of New Yorkers who can’t pay rent this month has doubled appeared first on HousingWire.

  • Housing market rebound? To get a home in these cities you have to win a bidding war May. 29th 2020
    Although the increase in purchase mortgage applications signal a rebound of home buyer interest and record-low mortgage rates could spur that further, "steeper declines in inventory could be on the horizon if more sellers don’t list homes to meet rising demand," Realtor.com said in its weekly inventory report released Thursday. HW+ Premium Content The post Housing market rebound? To get a home in these cities you have to win a bidding war appeared first on HousingWire.

  • April’s plunge in pending home sales could mark the bottom, NAR says May. 28th 2020
    Pending home sales in April plummeted a record 21.8% as COVID-19 kept buyers at home, the biggest drop since NAR began tracking transactions in 2001. The post April’s plunge in pending home sales could mark the bottom, NAR says appeared first on HousingWire.

  • Massachusetts house prices gained 11%, outpacing the nation May. 27th 2020
    The median price of a single-family home in Massachusetts rose 11% in April from a year earlier, outpacing gains in the rest of the U.S. The post Massachusetts house prices gained 11%, outpacing the nation appeared first on HousingWire.

  • What if it’s an O-shaped recovery? Hint: That would be really bad May. 27th 2020
    For some experts, the future holds a V-shaped recovery with a sharp ascension rising from the swift plummet into near-wreckage. For others, a U-shaped recovery is in the cards, with the economy stuck in the flat doldrums before any upswing takes place. Most fatalistically is an O-shaped recovery. The post What if it’s an O-shaped recovery? Hint: That would be really bad appeared first on HousingWire.

  • More good news for May: newly pending sales up almost 50% from same period in April May. 26th 2020
    In the week ending May 10, newly pending sales nationwide were up almost 50% from the same period in April, according to Zillow’s April 2020 Market Report. And in four large metros — Cleveland, Cincinnati, Houston and Dallas-Fort Worth, newly pending sales were up from the same time last year. The post More good news for May: newly pending sales up almost 50% from same period in April appeared first on HousingWire.

  • Florida housing market poised for growth after dismal April May. 26th 2020
    There's some evidence that April will end up being the bottom for Florida's housing market, and that home sales are already rebounding. The post Florida housing market poised for growth after dismal April appeared first on HousingWire.

  • New-home sales rise as Americans freed from lockdowns go house-hunting May. 26th 2020
    New-home sales rose in April as Americans went on a buying spree as soon as state lockdowns were lifted. The post New-home sales rise as Americans freed from lockdowns go house-hunting appeared first on HousingWire.

  • Will smaller cities see a boom from the coronavirus? May. 22nd 2020
    Demographers, Realtors and even companies like Redfin predict that a movement from high-cost-of-living urban cities to more affordable areas – whether suburbs of the same area or smaller metros altogether - will accelerate. The post Will smaller cities see a boom from the coronavirus? appeared first on HousingWire.

  • As travel slows down, when will Airbnb owners recover? May. 22nd 2020
    As travel has significantly minimized and less people are renting out Airbnb's, some vacation home rental owners are left paying multiple mortgages. The post As travel slows down, when will Airbnb owners recover? appeared first on HousingWire.