Home-Builder Confidence Rebounds in May From Historic Decline as Industry Grows Optimistic About Post-Pandemic Home Sales

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Construction firms are upbeat on the housing industry’s prospects thanks to low interest rates, even though coronavirus-related challenges remain.

The post Home-Builder Confidence Rebounds in May From Historic Decline as Industry Grows Optimistic About Post-Pandemic Home Sales appeared first on Real Estate News & Insights | realtor.com®.

Mortgage Delinquencies Caused by the Coronavirus Will Exceed Great Recession Levels, According to This Forecast

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The troubles homeowners face now could make it harder for other people to get home loans in the future.

The post Mortgage Delinquencies Caused by the Coronavirus Will Exceed Great Recession Levels, According to This Forecast appeared first on Real Estate News & Insights | realtor.com®.

Pending Home Sales Drop to Lowest Level Since 2011 as Coronavirus Takes Its Toll

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The index of pending home sales dropped 20.8% in March, due to the coronavirus pandemic. The index serves as an indicator for existing-home sales reports in the coming months.

The post Pending Home Sales Drop to Lowest Level Since 2011 as Coronavirus Takes Its Toll appeared first on Real Estate News & Insights | realtor.com®.

Pending Home Sales Drop to Lowest Level Since 2011 as Coronavirus Takes Its Toll

realtyexpertsReal Estate News

The index of pending home sales dropped 20.8% in March, due to the coronavirus pandemic. The index serves as an indicator for existing-home sales reports in the coming months.

The post Pending Home Sales Drop to Lowest Level Since 2011 as Coronavirus Takes Its Toll appeared first on Real Estate News & Insights | realtor.com®.

Existing-Home Sales Slump 8.5% in March—but the Worst Is Yet to Come as the Coronavirus Hits the U.S. Housing Market

realtyexpertsReal Estate News

Sales slowed in March before most states were under stay-at-home orders, suggesting even slower sales activity will be reflected in the data in future months.

The post Existing-Home Sales Slump 8.5% in March—but the Worst Is Yet to Come as the Coronavirus Hits the U.S. Housing Market appeared first on Real Estate News & Insights | realtor.com®.

New-Home Construction Records Biggest Monthly Decline Since March 1984, as Coronavirus Pandemic Takes a Toll

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Despite a slowdown, housing starts and building permitting activity are still occurring at a faster pace than a year ago.

The post New-Home Construction Records Biggest Monthly Decline Since March 1984, as Coronavirus Pandemic Takes a Toll appeared first on Real Estate News & Insights | realtor.com®.

New-Home Construction Records Biggest Monthly Decline Since March 1984, as Coronavirus Pandemic Takes a Toll

realtyexpertsReal Estate News

Despite a slowdown, housing starts and building permitting activity are still occurring at a faster pace than a year ago.

The post New-Home Construction Records Biggest Monthly Decline Since March 1984, as Coronavirus Pandemic Takes a Toll appeared first on Real Estate News & Insights | realtor.com®.