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Where Bidding Wars Are Happening the Most

Key Highlights National inventory shortages spurring bidding wars nation-wide Housing stock levels down -18.9% annually in May, according to Redfin The more inventory levels drop,...

Huge Evolution in iBuyer Business Model

Key Highlights Growing convergence of iBuyers and traditional brokerages Opendoor and Offerpad both launch traditional listing services Both firms to offer side-by-side listed homes...

A Housing Apocalypse?

Key Highlights 30% of Americans missed housing payments in June, according to survey by Apartment List Renters, younger and lower-income households, and urban dwellers...

Recession? Really? Buying Season Hot As the Summer Just...

Key Highlights According to realtor.com, median home prices surging Median home prices +4.3% y/y Median home list price was $330,000, according to most recent...

What’s Booming – What’s Not – And Where?

Key Highlights Pockets of boom and pockets of gloom around the US, Canada and the United Kingdom Surrounding areas of London hot Ski towns...

Wealthy Not Spending & Service Economy Needs Their Dollars

Key Highlights Wealthiest Americans not spending while lower-income Americans are, according to researchers based at Harvard University Spending by top 25% dropped some -37%...

Podcast: Will Headwinds To Economy Reverse Housing Rebound? | Tim and...

More economic data indicates that the recession the country is in won't be over anytime soon. What should every real estate professional (and business...

World Bank: Recession is Deepest in Decades

Key Highlights World Bank released its Global Economic Prospects report warning that pandemic economy is of historic proportions Report compares it to 13 other...

Main Street Lending Program Opens Its Pockets

Key Highlights Program available to small- and medium-sized businesses that were established before March 13, 2020 To be eligible, businesses must have 15,000 employees...

13th Straight Week of +1M Jobless Filings for Unemployment Benefits

Key Highlights Additional 1.5M people applied for unemployment benefits last week, according to Labor Department 13th straight week state filings exceeded 1M Claims for...

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