Real Estate News Feed
Evicted Seattle Resident Murders Property Manager
Mon, 28 Sep 2020 13:59:18 GMT
A resident who was evicted Wednesday from a luxury high-rise apartment in Seattle returned to the building soon afterward, resulting in the deadly stabbing of a maintenance worker that also left a property manager seriously injured, according to multiple media outlets.
More Homeowners Opt Out of Long Commutes
Mon, 28 Sep 2020 13:57:11 GMT
Because stay-at-home orders spurred by the pandemic have kept many office workers away from their desks, more homeowners are reevaluating the necessity for long commutes.
New COVID-19 Cases Hovering Around 5%
Mon, 28 Sep 2020 13:42:48 GMT
There were 700,898 COVID-19 test results reported during the 24 hours ending September 27 with 35,289 (5%) cases testing positive. Last week the percentage of positive cases was 4.5%. Based on the experience of other countries, the percent positive needs to be well under 5% to really push down new infections.
Median Home Prices Up 14% From Last Year
Fri, 25 Sep 2020 11:55:46 GMT
"The recent boost in the number of people listing their homes for sale still falls far short of demand from folks looking to buy homes right now," said Redfin chief economist Daryl Fairweather.
Inventory Is Way Down
Fri, 25 Sep 2020 11:55:13 GMT
Since the start of the COVID-19 pandemic in March, there have been nearly 400,000 fewer homes listed than the same time period in 2019.
Number of COVID-19 Forbearance Plans Decrease
Fri, 25 Sep 2020 11:54:17 GMT
As of September 22, 6.8% of all active mortgages remain in COVID-19-related forbearance plans, down from 7% last week.