Current Market Data

Is 2020 really the year of the suburb?
Is 2020 really the year of the suburb?

2020 has seen much speculation that COVID-19 is driving households away from cities to lower density places in the suburbs. RCLCO looks at whether 2020 is indeed the year of the suburbs.

Re-imagining real estate in a global pandemic
Re-imagining real estate in a global pandemic

Empty commercial space is a looming crisis. What if all that unused real estate were converted to housing?

RE/MAX report shows strong sales and shrinking inventory in Chicago
RE/MAX report shows strong sales and shrinking inventory in Chicago

The shortage of sellers and abundance of buyers was reflected by a national inventory decrease of 32.5% year over year.

Single-family rent price growth shows a divide in recovery across price tiers
Single-family rent price growth shows a divide in recovery across price tiers

A new report from CoreLogic shows higher-priced rentals returned to 2019 growth rates while the lower-priced tier continues to lag.

Economist sounds warning on unemployment, housing market
Economist sounds warning on unemployment, housing market

“COVID-19 cases are on the rise and there is increasing likelihood of a further impact on economic activity, which may trigger a corresponding increase in unemployment in impacted industries,” says First American Chief Economist Mark Fleming.

Full House: Pandemic buyers want room for multi-generations
Full House: Pandemic buyers want room for multi-generations

A new report from NAR points to changes in homebuyer and home seller behavior brought about by the pandemic.

Foreclosures down in Chicago, but mortgage delinquencies rising
Foreclosures down in Chicago, but mortgage delinquencies rising

The biggest changes were found in mortgages that are in serious delinquency, meaning those that are at least 90 days delinquent.

Homeownership is increasing during the COVID-19 recession: Here’s why
Homeownership is increasing during the COVID-19 recession: Here’s why

The decision to rent or to buy was once a question of finances and lifestyle preferences, but the coronavirus pandemic has added yet another complex layer to the equation for many Americans.

Endless summer: Amid pandemic, Americans are looking to move to vacation destinations
Endless summer: Amid pandemic, Americans are looking to move to vacation destinations

Metro areas with the highest share of vacation homes are seeing more interest on Zillow and higher pending sales growth than the nation at large.

Sold to the highest bidder: Share of homebuyers getting outbid nearly doubles
Sold to the highest bidder: Share of homebuyers getting outbid nearly doubles

Confronted with rising prices and bidding wars, long-haul house hunters are increasingly throwing in the towel.

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