As we’ve previously noted, ShowingTime is committed to providing service and relevant market data to help real estate professionals in the current environment. As we expand and adapt our offerings to meet the rapidly evolving needs of agents, their clients and their communities during the pandemic, we’ll post relevant stories from industry and consumer media. See below for recent media mentions.
Fort Worth Star-Telegram
If the economy is so bad, why are home prices still high in Dallas-Fort Worth?
“Another real estate service, ShowingTime, said visits to homes available for sale shot up 23% in May compared to the same month a year ago in the southern U.S., which includes Texas.” Read more.
Home tours rebound 21 percent in May: ShowingTime
“After coming to a grinding halt in March, national home-showing activity has finally bounced back, according to ShowingTime’s May market report published on Wednesday.” Read more.
NBC 10 Philadelphia
Philly-Area Housing Market Signals Positive Signs as Coronavirus Restrictions Lift
“The region struggled in May, as 4,365 closed sales was a 38.6% decline over the same month last year, according to data provided by MarketStats by ShowingTime based on listing activity from Bright MLS.” Read more.
ShowingTime Live Video: The next best thing to being there.
“This looks sick, and ShowingTime is in a great position to get real adoption on its platform.” Read more.
Increase in home showings eclipses last year
Showings of homes listed for sale on Alberta’s MLS Systems were twice as high in the middle of March 2020 as they were in the middle of March 2019, says ShowingTime Data, which tracks daily increases and decreases in showings across North America.” Read more.
The Latest Data Shows DC Real Estate May Be Rebounding From the Covid Crisis
“As DC-area real estate slowed to a crawl amid stay-at-home orders and economic upheaval, local agents continued to insist that the bustling spring market would still arrive, just a bit later than usual.” Read more.
Baltimore-area home sales plummet in May to steepest drop in decade amid pandemic
“May’s closings also were down 5% compared with April, according to the report compiled by MarketStats by ShowingTime.” Read more.
COVID-19 Recovery: The Housing Market is Coming Back
“Thanks to ShowingTime, we can see the downward and upward progression of showings in the past several months.” Read more.
Lone Wolf and ShowingTime announce partnership
“Lone Wolf Technologies and ShowingTime have formed a strategic partnership to integrate Lone Wolf’s transaction management solutions, zipForm Plus and TransactionDesk, with ShowingTime’s showing management platform.” Read more.
Buyer Demand Is Back As Bidding Wars Return
“According to data from ShowingTime, tens of thousands of showings that took place were all virtual tours with the prospective buyers observing via video while an agent or someone in the home toured the house.” Read more.
Wall Street Journal
For Economy, Worst of Coronavirus Shutdowns May Be Over
“Showing activity, measured as a rolling weekly average in 100 top markets, was up 27% as of May 23, according to ShowingTime.” Read more.
Post and Courier
SC home showings almost fully recover from steep decline during virus-induced shutdown
“In South Carolina by late Wednesday, home showings were off less than 4 percent from this time last year, according to the ShowingTime Showing Index.” Read more.
Coronavirus Recovery by the Numbers: 4 Real Estate Economists Weigh In
“However, as many areas of the nation begin to open and virtual showings become more prevalent in May, showings are rising, according to data from showing software provider ShowingTime. Through May 18, showings have steadily climbed after a steep decline led to a low in early-to-mid-April.”
Baltimore Business Journal
Baltimore-area April home listings hit 10-year low
“A pause in the residential market last month blamed on Covid-19 led to a 10-year low in new listings around the Baltimore metro area, a new report showed.The report used data provided by MarketStats by ShowingTime.” Read more.
The Washington Post
Signals of a rebound in buyer and renter demand
“ShowingTime, which provides software and market statistics for the real estate industry, reported a 39 percent increase in national home showings scheduled on its tools for the week ending April 20 compared with the week ending April 6. The decline in requests for virtual or in-person visits to properties began March 14 and continued through the first week in April, ending a seven-month streak of growth in requests when comparing each month to that same month in the previous year.” Read more.
Traffic, Demand Up for Major Online Real Estate Companies
“After weeks of declines, requests for virtual or in-person showings jumped 39 percent for the week ending April 20 compared to the one ending April 6, according to the software and real estate market statistics company ShowingTime.” Read more.
Denver Business Journal
Here’s how Denver home sales fared during April’s stay-at-home orders
“Data from ShowingTime, which provides showing management and market stats technology for the real estate industry, could provide some idea of where activity in the Denver metro is trending.” Read more.
CBS Dallas / Forth Worth
North Texas Sees House Hunting Done Differently Amid Coronavirus Pandemic
“Citing ShowingTime, Piccinini also said showings are down 38% in North Texas from this time last year.” Read more.
Ontario Real Estate Showings Gradually Rebounding Amid Pandemic
“According to data from ShowingTime, a market stats and showing management technology provider for residential real estate, the initial drop in showing activity seen throughout March — as stay at home and social distancing orders were implemented — has given way to show “modest” signs of stabilization as agents are turning to virtual showings in the areas where ShowingTime operates, which includes Alberta, Ontario, and Nova Scotia in Canada, as well as many states across the US.” Read more.
ShowingTime reports rebound in showing activity
“Whether conducted virtually or in person, real estate showings have rebounded across North America, according to data from ShowingTime.” Read more.
Home Showings Are on the Rise After Steep Fall Off
“While showings dropped between March 12 and April 12, data from the national showing service ShowingTime shows that home showings have been on the upswing, with a 39% increase in the last two weeks. The uptick is likely due to virtual showings rather than in-person showings.“ Read more.
COVID-19 restrictions drive home sales down, but Realtors remain hopeful
“Nationwide, the number of showings have dropped dramatically since early March. According to data from ShowingTime.com, a website that tracks real estate statistics across the country, the average number of weekly showings have dropped 42% since March 11.” Read more.
A Sign Of Hope? Home Showing Data Shows Increase Over Past Two Weeks
“As the data from national showing service ShowingTime shows, home showings dropped precipitously almost as soon as infection rates reached a tipping point, seeing a 43% decline compared to the same week last year. However, if we look at the past week and a half, the trajectory has started an upward trend of a 39% increase compared to the earlier time frame.” Read more.
March Real Estate Activity Robust Despite COVID-19
“If D.C. real estate watchers expected a dramatic dip in home sales and a slowing market in March, it didn’t materialize according local sales data from MarketStats by ShowingTime.” Read more.
Falls Church News-Press
Northern Virginia Housing Market Facing an Uncertain Future
“An enthusiastic start to March had sales up 14 percent year-over-year with a total of 1,815 homes sold, according to ShowingTime data on the Northern Virginia region, and typically sold above their asking price and spent almost a week less on the market. The $1.17 billion in total dollar volume was a 24 percent increase over last March as well.” Read more.
Washington Business Journal
Greater Washington home listings fell in March, just as they would normally ramp up
“About 6,763 homes hit the market in the D.C. Metro area in March, the lowest number for that month in five years. It’s about 544 fewer than 2019, or a 7.4% drop, according to data provided by MarketStats by ShowingTime based on listing activity from Bright MLS. March is usually the kickoff to the busy spring and summer home sales season.” Read more.
Here Is the Data on What Covid Has Done to the DC Real Estate Market
“The Washington real-estate market started out strong in March—traditionally when the busy spring buying season shifts into high gear. But the onset of the coronavirus crisis during the second half of the month led to one of the slowest periods for local real estate in recent memory, according to MarketStats by ShowingTime, the authority on such data”. Read more.
Maryland Daily Record
Md. real estate shows symptoms of COVID-19 slowdown
“Both Baltimore and Washington metro areas, according to MarketStats data by ShowingTime, posted their highest median March sales prices in a decade.” Read more.
No surprise: Regional homes market sent mixed messages in March
“‘Currently, home sellers are checking the temperature of the real-estate market in the D.C. area,’ said Chris Finnegan, chief marketing and communications officer at Bright MLS, in an analysis accompanying sales data for March that was reported April 13 by MarketStats by ShowingTime based on listing activity from Bright MLS.” Read more.
“The nation’s largest real estate showing tool, ShowingTime, reports that showings in our area are down 70.9% from this time last year. Yet prices have held steady for the market overall.” Read more.
Atlanta Journal Constitution
Metro Atlanta home buying, selling jolted in coronavirus pandemic
“And showings are down nearly 50% in Georgia from 2019, according to data from ShowingTime, a company that tracks residential real estate showings” Read more.
Mortgage News Daily
“According to the online service ShowingTime, the number of in-person real estate showings as of March 25 was down nearly 50 percent from the 2020 peak only two weeks earlier.” Read more.
Dayton Daily News
Coronavirus slowing Dayton region housing market
March home sales numbers are not yet available, but home showings have plummeted, according to data collected by ShowingTime.com, which tracks real estate showings scheduled in the Dayton Multiple Listing Service (MLS) covering Montgomery, Greene, Preble and Darke and northern Warren counties.Read more.
Arizona Daily Star
Tucson homebuyers recoiling, opting for virtual tours, during coronavirus pandemic
“At the beginning of the year, home showings across Arizona were on pace with 2019 showings until about March 12 when they dipped about 37% through the end of the month, according to data from ShowingTime, a management technology provider to the residential real estate industry.” Read more.
ABQ housing market still ‘rocking’ – for now
“According to the website ShowingTime, the number of home showings in New Mexico began plummeting in mid-March. By Thursday, they were down more than 37% from the weekly average so far this year.” Read more.
Impacts of COVID-19 on the real estate industry
“According to the company ShowingTime, showings in Colorado have gone down by 45.8% compared to this time last year.” Read more.
CultureMap – Forth Worth
Dallas-Fort Worth housing market poised to recover after coronavirus-related setbacks
“In February, sales of existing homes in Texas notched their eighth month of growth. Home showings across the state have tapered off in the wake of coronavirus concerns and restrictions. As of March 29, home showings in Texas were down 55 percent compared with their 2020 peak and with the same time in 2019, according to ShowingTime.” Read more.
Post and Courier
Home showings tumble in March due to pandemic after healthy gains in February
“Home showings in some U.S. markets tumbled as much as 45 percent through mid-March as the coronavirus took its toll on the housing industry. In South Carolina, they were down almost 24 percent as of March 23, according to the ShowingTime Showing Index.” Read more.
Wall Street Journal
As Coronavirus Cases Grew, Some Wealthy Buyers Still Bought Multimillion Dollar Homes
“With cities across the country shut down, showings were down by as much as 45% in some North American markets over the past two weeks, according to data from ShowingTime, a showing management technology provider.” Read more.
America’s mortgage market sickens
As coronavirus impacts home showings, Atlanta real estate market takes a hit, adjusts
“That should come as little surprise, as a report by software firm ShowingTime indicates showings in North America have declined between 38 and 45 percent in just the past two weeks.” Read more.
The Columbus Dispatch
John Glenn flights, passengers way down amid coronavirus crisis
“In another sign that the housing market is diving, Ohio home showings this week dropped 40% below the same time last year, according to a service that schedules and tracks showings.” Read more.
COVID-19 and Home Inspections
“At the time of this blog post, the market in the Twin Cities is still hot. Or at least warm. To get a good idea of how COVID-19 has affected home sales, check out ShowingTime’s chart that shows daily showing activity.” Read more.
Chicago Agent Magazine
Showings are down dramatically in Illinois
“Though 2020 started out with national showing activity that outpaced last year, the situation has flipped since the COVID-19 pandemic took hold. ShowingTime, a showing management technology provider for the residential real estate industry, is monitoring the situation with a new dataset, updating daily, examining how scheduled listing viewings are falling off in an era of social distancing.” Read more.
Forecasting Which States Will Be The First To See A Housing Downturn Due To Coronavirus
“One of the best leading indicators for how the housing market will perform a month or two from now is to look at the number of showings that are taking place right now. In the wake of widespread closures and quarantines, those numbers are dropping ever closer to zero with each passing day.” Read more.
Track your state’s buyer activity with ShowingTime’s new daily report
“The impact of the COVID-19 pandemic is finally hitting the housing market, according to software and market stats service provider ShowingTime. Although buyer demand and confidence remained strong at the beginning of March, ShowingTime said buyer activity has nosedived over the past week as federal, state and local governments begin enacting stricter social distancing measures.” Read more.