Stimulus Checks and Housing: How Far $1,200 Goes for Homeowners and Renters Across the US
More than three-quarters of US renters could pay one month’s worth of housing expenses with $1,200, compared with nearly half of homeowners.
As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.
More than three-quarters of US renters could pay one month’s worth of housing expenses with $1,200, compared with nearly half of homeowners.
Six charts that illustrate the latest developments in the housing market as COVID-19 continues to upend residential real estate.
One-third of home-tour requests made by Redfin customers last week were for agent-led video-chat tours, up from less than 1% during the first week of March.
The impacts of the coronavirus pandemic are rippling through nearly every segment of the economy and the housing market is no exception.
Redfin saw a 494% increase in requests for agent-led video home tours as homebuyers began relying heavily on virtual viewings amid the coronavirus outbreak.
40% of Americans expect the coronavirus to hurt the housing market, while 50% anticipate no impact.
More than three-quarters of US renters could pay one month’s worth of housing expenses with $1,200, compared with nearly half of homeowners.
Six charts that illustrate the latest developments in the housing market as COVID-19 continues to upend residential real estate.
One-third of home-tour requests made by Redfin customers last week were for agent-led video-chat tours, up from less than 1% during the first week of March.
The impacts of the coronavirus pandemic are rippling through nearly every segment of the economy and the housing market is no exception.
Redfin saw a 494% increase in requests for agent-led video home tours as homebuyers began relying heavily on virtual viewings amid the coronavirus outbreak.
40% of Americans expect the coronavirus to hurt the housing market, while 50% anticipate no impact.