Aramco Report

In one of the most erratic and tumultuous economic years ever, the housing market has remained a bright spot. According to a forecast model, Redfin says it expects home sales to end 2020 on higher than the previous year. The model predicts a total of 6.2 million home sales before the end of the year...

Americans are factoring in the upcoming presidential election in their decision to buy or sell a home, according to a new report. A survey conducted by Redfin of more than 1,400 U.S. residents shows that 22 percent of homebuyers and sellers are considering the outcome of the election in their decisi...

In the age of the coronavirus, people are taking home cleaning a lot more seriously. But for some, this doesn’t mean more scrubbing and elbow grease. Rather, it appears to be a form of ‘smart cleaning’ that is designed to battle COVID-19 by stopping the spread of germs. A sanitizing butler and UV r...

The housing market appears to be red hot with record low mortgage rates promoting home buying and sellers realizing record profits. But uncertainty about how long this can last are rising among industry analysts. “The question on everyone’s mind is ‘how fast can prices keep rising?’” said Redfin ch...

As the pandemic stretches on and many people continue to spend most of their time at home, a growing number of homeowners have expressed a dissatisfaction with where the live. According to a new survey conducted by Sears Home Services, 44 percent of respondents say they are less satisfied with their...

After improving for six straight weeks, the number of mortgages in pandemic related bailout plans rose by 21,000 during the week ended September 29. This latest information is according to Black Knight. Currently, approximately 3.6 million homeowners in the U.S. remain in a state of forbearance. Thi...

Pending home sales in August reached a record high pace according to a new report from the National Association of Realtors. Sales of existing homes rose 8.8 percent during the month, representing a 24.2 percent increase over August 2019. Rock-bottom mortgage rates appear to be the main driver behin...

Homeowners who listed their property for sale during Q2 2020 owned their homes for just under eight years on average. This is just under the peak reached in 2019. According to ATTOM Data Solutions newly released Home Sales Report, the length of tenure before selling a home is climbing in many major...

Homeowners in the U.S. who are struggling financially during the economic downturn caused by the coronavirus pandemic may find some relief by lowering their monthly mortgage payment. Mortgage rates continue to hover near historic lows, giving an opportunity to those who haven’t yet refinanced into a...

Home prices rose at a rapid pace the past few months, an indication that any slow down in the housing market due to the coronavirus pandemic was temporary and short-lived. According to the S&P CoreLogic Case-Shiller National Home Price Index, home prices in the U.S. climbed by 4.8 percent in July on...