New home sales in August hit highest level since before Great Recession

Some of what we're seeing might be making up for a spring in which people were stuck at home and not buying.
Sales of new single-family homes rose 4.8% in August and surpassed an annual rate of 1 million for the first time in 14 years.
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U.S. new home sales rise surprisingly strong 16.6% in May

Jun 23, 2020
The numbers suggest that the reopening of major parts of the country gave a boost to the housing market.
A for-sale sign outside a house. Sales of existing homes jumped in June.
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Despite economic downturn, home prices haven't come down much

Jun 22, 2020
Demand is still outstripping housing supply.
The number of homes for sale is down 17% from this time last year.
Frederic J. Brown/AFP via Getty Images

Housing market shows signs of a thaw

May 7, 2020
Mortgage applications have picked up, along with pending sales.
A house for sale sign in Illinois. Rates are low, but lenders are concerned about credit risk.
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How a mortgage broker is dealing with an ailing market

Mar 25, 2020
Los Angeles mortgage broker Vivian Gueler is expecting a drop in the value of real estate.
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What does social distancing mean for homebuying?

Mar 20, 2020
Packed open houses mean lots of people touching doorknobs and flipping light switches.
People touch a lot of surfaces during open houses.
Justin Sullivan/Getty Images

Low interest rates from COVID-19 present a real estate opportunity

Feb 28, 2020
But the uncertainty that's driving those rates down is causing some to have second thoughts.
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Housing starts down for the month, up for the year

Feb 19, 2020
The Census Bureau reported housing starts fell 3.6% in January 2020 from the previous month, but rose 21.4% from January 2019.
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Why millennials are obsessed with real estate platforms

Feb 17, 2020
With homeownership out of reach for many young people, journalist Angela Lashbrook called Zillow "a place we can imagine ourselves in a new reality."
A woman looking at real estate listings in 2017.
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Rising home prices linked to slowing job growth in some cities

Jan 23, 2020
Research suggests a decline in housing affordability can significantly reduce job growth.
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