US home prices rise in 93% of all housing markets in Q1, NAR says
Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday
New-home sales enjoy big spring rally after signs of wear in February
Sales of newly built, single-family homes rose 8.8% in March, a reflection of the beginning of a busy homebuyer season. New-home sales rose 8.3% year over year, according to the US Census Bureau
by Lillian Dickerson Apr 23
Lamacchia: 'Nothing's changed' about mortgage commission rules
Anthony Lamacchia thinks some agents are reading too much into guidance issued by Fannie and Freddie confirming that sellers can continue to pay buyer's agents' commissions
by Matt Carter Apr 22
Luxury home prices have reached new heights: Redfin
With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are cashing out existing homes and using cash power to buy a new one, fueling price growth
by Lillian Dickerson Apr 19
Floridians grapple with insurance changes as hurricane season nears
70% of Florida homeowners or the area in which they live have been impacted by changes to cost or coverage of home insurance in the last year, according to a report issued Wednesday by Redfin
by Lillian Dickerson Apr 17
'Million-dollar' cities have spiked to a new high in the US: Report
There are now 550 'million-dollar' cities in the U.S. compared to 491 last year. California is home to nearly half of them, according to a new Zillow analysis
Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
36% of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday
by Lillian Dickerson Mar 27
Over 60% of agents have been recruited so far this year: Intel
Most agents say they've heard from competitor brokerages in recent weeks. Intel examines what's on their mind as they decide whether to stay — or bolt
by Chris LeBarton Mar 18
Case-Shiller is a go-to source for prices — but know these blind spots
Repeat-sales models have been the gold standard in home-price tracking for decades. Intel examines what they miss, and what some data providers are doing to fill in the gaps
by Chris LeBarton Mar 11
Brokerages, lenders anticipate big recruitment push in 2024: Triple-I
Approximately 28% of brokerage leaders believe 'recruiting and retaining talent' will be their most challenging responsibility 1 year from now, according to results from the Inman Intel Index survey
by Chris LeBarton Feb 26
Agents have real concerns — but commission rates aren't at the top
Despite ongoing commission lawsuits, agents are more concerned about the health of the real estate pie than the size of their own slice, results of the latest Inman Intel Index survey show
by Chris LeBarton Feb 7
Tracking the housing recovery? These 12 dates offer crucial clues
Intel is highlighting the most important data releases and events slated for each month of 2024 in an effort to help industry observers follow the arc of residential real estate's rebound this year
by Chris LeBarton Jan 24
80% of first-time homeowners say they'll need a gift to buy again: Poll
Faced with rising prices and rates, buyers are increasingly counting on personal loans and gifts to close deals, according to a survey of 3,000 potential buyers conducted by Dig Insights and Inman
by Chris LeBarton Dec 5
Lack of access to credit keeps Black neighborhoods in rental loop
Access to safe credit building is limited in Black neighborhoods, Zillow reported, highlighting lingering effects of redlining that keep those households renting instead of owning a home
How long can home prices hold out? Here's how I see it
When will rising interest rates, low inventory and diminishing buyer hopes translate into falling home prices? Windermere Chief Economist Matthew Gardner weighs in
by Matthew Gardner Nov 1
NAR to shed 1M members if shared commission banned, analysts say
A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30% as a result of ongoing threats to the real estate industry
by Taylor Anderson Oct 16