The S&P/Case-Shiller US National Home Price Index remained virtually unchanged since July, when gains rose 19.7% while continuing a 15-month streak of upward growth
Other iBuyers saw the signals and made adjustments while Zillow kept on buying; either it missed the signs or proceeded anyway. Regardless, it’s a timely reminder that growing an iBuyer business is challenging
by Mike DelPrete Oct 19
A new study by Redfin found that in the areas impacted by California's 5 largest wildfires between 2010 and 2020, home values grew at a rate of 21 percent, slightly slower than the surrounding markets
by Libertina Brandt Oct 11
Compass' growth over the past 3 years has been remarkable. It is one of the fastest growing real estate brokerages of all time — yet its stock price continues to decline
by Mike DelPrete Oct 7
The majority of respondents in a recent survey said the threat of a natural disaster played a role in where they looked for a new home
by Libertina Brandt Sep 30
The median asking price of newly listed homes for sale surged 12% year over year to a record high of $361,250, according to a Redfin report
by Lillian Dickerson Sep 29
Annual price growth soared 19.7% in July, extending a 14-month streak of increases while marking the highest rate of growth since Case-Shiller began recording the data in 1987
Clubhouse used to be one of the hottest networking apps out there. But now that the hype has died down, Inman asked agents if it was still a platform worth their time
by Libertina Brandt Sep 28
Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5% from the revised July rate, according to the US Census Bureau
by Lillian Dickerson Sep 24
Existing-home sales declined 2% between July and August to a seasonally adjusted annual rate of 5.88M, with all geographical regions in the US seeing monthly and annual declines
by Lillian Dickerson Sep 22
As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight
by Lillian Dickerson Sep 22
In July, rent for a typical American property grew by 8.5%
Real estate tech companies are going after mortgage, but now mortgage is going after real estate
by Mike DelPrete Sep 14
The foreclosures rate fell to 0.2% in June 2021 from 0.3% the previous year, according to data released Tuesday from property analytics provider CoreLogic
While not cheap, the suburbs chosen by are best-fitted for families with kids
IBuyers are closer than ever to profitability. But the overwhelming majority of profits are coming from record home price appreciation, which won't last and is on the decline
by Mike DelPrete Sep 8