Inventory shortage sends home prices soaring at record rate
14.8% annual home price growth is the highest seen in Black Knight data going back nearly 30 years
by Matt Carter Jun 7
Jeremy Wacksman
In a recent podcast appearance, Zillow Chief Operating Officer Jeremy Wacksman argues the housing market's fundamentals are strong
by Daniel Houston Jun 7
Despite challenges, Americans would still rather buy than rent
Share of consumers who say they'd buy a home if they moved hits all-time high of 72%, according to Fannie Mae's monthly National Housing Survey
by Matt Carter Jun 7
Connecting with Keller Williams' CEO: On inventory and an IPO
KW CEO Carl Liebert hinted at Keller Williams' progress toward a stock market debut and talked about how the pandemic will change the industry
by Jim Dalrymple II Jun 7
New, pending, existing: What you should know about today's market
This week, Inman looked at what you should know about pending sales, new-home sales and existing-home sales. Here, Windermere Chief Economist Matthew Gardner dives into where the market stands on those metrics and more
by Matthew Gardner Jun 4
When listing a home, there’s a mid-week sweet spot: Zillow
In a new analysis, Zillow found that houses listed on Thursdays often sell for higher prices and spend less time on the market
by Daniel Houston Jun 3
Mortgage rates stay tantalizingly low as buyers compete for homes
Rates on 30-year fixed-rate mortgages inch up, but remain just under 3 percent
by Matt Carter Jun 3
The Inman Handbook on existing-home sales
3 leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions
by Marian McPherson Jun 3
What really matters when valuing a property?
Opinion
Although the terms 'intrinsic' or 'extrinsic' may be unfamiliar to most, understanding what they imply will help explain what makes real estate valuable, not just expensive — and why being able to identify these elements is essential
by Ricardo Wolf Jun 3
Demand soars for high-end homes
The number of sales involving higher-end homes rose by 26% year over year, outpacing the less expensive end of the market, according to a new analysis by Redfin
by Daniel Houston Jun 2
Connecting with Mauricio Umansky: The looming luxury shortage
'There is a tremendous shortage of inventory, and I think it's the only thing holding us back,' the founder of The Agency told Inman leading up to Inman Connect this month
Demand for mortgages lowest since before the pandemic
After adjusting for seasonal patterns, requests for purchase loans were down 3% from the week before, and 2% from a year ago, according to the Mortgage Bankers Association
by Matt Carter Jun 2
Inman Handbook on new-home sales
New-home sales illuminate the health of the market, and where it might be heading in the near-term. As agents grapple with tight inventory, they'll want to keep an eye on the data
Home prices rise by 13% from last year: CoreLogic
This is the third month in a row that home prices across the country have seen double-digit annual growth
Construction spending rises again in April as lumber costs climb
Residential construction spending continued to grow in April, rising 1.3% month over month for new single-family builds, according to report from the US Census Bureau
by Daniel Houston Jun 1
Inman Handbook on pending home sales
Pending sales numbers are one of the most ubiquitous forms of data in real estate. They have their limits, but are also key to making sense of the housing business
by Jim Dalrymple II Jun 1