Why the 2023 housing market slowdown is a good thing
In a session called 'Your Inside Look Into the 2023 Housing Market,' panelists at Inman Connect New York said real estate companies and consumers are 'adjusting to the new reality'
by Andrea V. Brambila Jan 24
A quarter of homebuyers were looking to relocate during Q4, 2022
According to a new report, 24.6% of Redfin users were looking to move inspired by high housing costs in most major cities and the freedoms provided by remote work
by Ben Verde Jan 24
RealPage hit with second class-action suit alleging rent price fixing
Tenants in Florida claim the company oversaw a 'cartel' that unfairly drove up the cost of rent in markets across the Sunshine State. The claim comes on the heels of a similar suit in California
by Taylor Anderson Jan 23
NAR: New Fannie and Freddie mortgage fees will hit middle class
The mortgage giants' federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases starting May 1
by Matt Carter Jan 20
Home prices are looking softer to Fannie Mae economists
National home prices are projected to fall 6.7% over the next 2 years, with sales also expected to drop 21% this year to a level not seen since 2010, Fannie Mae forecasters said
by Matt Carter Jan 20
Existing-home sales dip for 11th month, but NAR sees light ahead
Existing-home sales fell 1.5% nationally between November and December while plunging 34% from December 2021, according to data released Friday by the National Association of Realtors
by Ben Verde Jan 20
The Agency 2022 Red Paper: A softening, but still strong market
'The key takeaway is this,' CEO Mauricio Umansky said of this year's report. 'Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation'
by Lillian Dickerson Jan 19
Mortgage rate swing created 'more normal' market in December
Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow's latest market report.
by Marian McPherson Jan 19
What Sandra Bullock can teach real estate agents about winning clients
Crystal White, director of agent development at @properties, told Inman ahead of ICNY Jan. 24-26 that real estate pros need to know their business as well as A-list actors know their lines
by Jim Dalrymple II Jan 19
Single-family housing starts leap 11% as permits and completions fall
Overall housing starts clocked in at a seasonally adjusted annual rate of 1,382,000, 1.4% below levels recorded in November, according to new data released Thursday by the US Census Bureau
by Ben Verde Jan 19
VC trends to watch, leadership tips and leveraging video
Tune in to this week's latest classes to stay ahead of the competition with Inman Access
by Claire Buzzanca Jan 19
The country moved closer to a balanced market in December
Inventory rose 69% and sales fell 38% to close out 2022 as the nation moves away from the frenzied seller’s market and closer to balance, according to a new market report from RE/MAX
by Taylor Anderson Jan 18
Homebuyer loan requests jump 25% as mortgage rates continue to fall
After 2 months of declines, mortgage rates are now at their lowest level since September with potential to spur spring homebuying: MBA economist
by Matt Carter Jan 18
Mike DelPrete Intel exclusive: Big brokerages spar in race to cut costs
Opinion
All of the biggest players in real estate are cutting costs, but some are better off than others to weather the storm, Mike DelPrete argues in his first exclusive filing for Inman Intel
by Mike DelPrete Jan 18
Opendoor in 2023: The iBuying king and a business model in turmoil
Opendoor faces a fight for survival after ‘an abrupt strategy pivot’ sent it to 2023 ‘without a proven business model.’ See the 5 biggest challenges facing the king of a troubled business model
by Taylor Anderson Jan 17
Agree to disagree: 11 real estate leaders dust off crystal ball for 2023
The market isn't done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point
by Daniel Houston Jan 17