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  • Airbnb properties wouldn’t make a dent on housing market Jun. 02nd 2020
    While the real estate market has lots of challenges during the COVID-19 pandemic, a tsunami of houses being sold by Airbnb hosts who can’t pay their mortgages isn’t one of them. HW+ Premium Content The post Airbnb properties wouldn’t make a dent on housing market appeared first on HousingWire.

  • Washington D.C. housing market seeing quick rebound from pandemic Jun. 02nd 2020
    The Washington, D.C.-area market is among the most expensive on the East Coast. Redfin reported the average D.C. metro home price last month was $620,000, up 5.1% from one year earlier. The arrival of Amazon’s second headquarters at National Landing in Arlington County has kept prices high for that section of the market. The post Washington D.C. housing market seeing quick rebound from pandemic appeared first on HousingWire.

  • Vacation rental company Vacasa raises $108 million in new funding round Jun. 02nd 2020
    Vacation rental company Vacasa announced it received $108 million in Series D funding, led by Silver Lake and including participation from Riverwood Capital and Level Equity. The post Vacation rental company Vacasa raises $108 million in new funding round appeared first on HousingWire.

  • 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.