Fed policymakers want more data, dash hopes of March rate cut
Chair Jerome Powell says a rate cut at the central bank's next meeting is not 'the base case,' with policymakers wanting to see more data showing inflation is on a sustainable path down to 2%
by Matt Carter Jan 31
Illinois Realtors raises $1M war chest to fight Chicago tax hike
Chicago voters are set to decide whether to quadruple the tax buyers pay on residential and commercial properties in the city. Illinois Realtors plans to lead the fight
by Taylor Anderson Jan 31
Applications for purchase loans sag for first time in 2024
Firming up of mortgage rates finally catches up with homebuyer demand, with applications for purchase loans falling by a seasonally adjusted 11% last week, MBA survey shows
by Matt Carter Jan 31
Engel & Völkers launches in New Hampshire with Portsmouth shop
The new shop is led by License Partner Dean Poritzky and Vice President and Marketing Director Paige McVay of Engel & Völkers Wellesley
by Lillian Dickerson Jan 31
The Detroit Lions loss is nothing next to its lowball appraisals
A housing battle is raging in Detroit, writes Lee Davenport. Lowball home values cut into homeowner equity and exclude residents from resources and opportunities
by Lee Davenport Jan 31
Does your 'date-the-rate' advice constitute deceptive advertising?
CEO and new Inman contributor Jillayne Schlicke explains how common phrases around financing and interest rates can land you and your business in hot water
by Jillayne Schlicke Jan 30
Home price growth accelerated in November alongside high rates
Home prices increased 5.1% between November 2022 and November 2023, despite falling 0.2% month over month from October
by Ben Verde Jan 30
Once China's biggest developer, Evergrande ordered to liquidate
The developer was once considered too big to fail, but it over-borrowed and was hurt by China's weakening property market
by Ben Verde Jan 29
Homebuyer purchasing power rises by $40K since October rate surge
A buyer with a monthly budget of $3K can now purchase a home worth approximately $453,000 — up from $416,000 in October when mortgage rates reached a record of 7.8%, according to Redfin
by Marian McPherson Jan 29
Eddie Shapiro on opening a Nest Seekers office in Tel Aviv in wartime
The Nest Seekers International CEO explains what went into his decision to open an office in Tel Aviv, how he keeps up office morale and why investing in Israeli real estate is so important today
by Lillian Dickerson Jan 29
Are US home-sale revenues finally bottoming out? Intel examines
The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data
by Daniel Houston Jan 29
How to work with financial advisers to help clients navigate the market
Real estate pros and financial advisers can help clients make informed decisions, writes Michael Conticelli, whether buying a home or building a real estate portfolio
by Michael Conticelli Jan 29
Tale of 2 housing markets will linger into 2024, Zonda economist warns
With listings still in short supply, homebuyers are 'dealing with an affordability shock' and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY
by Matt Carter Jan 26
Local Logic's 'NeighborhoodIntel' platform rolls out for 85K agents
The platform will be rolled out to more than 85,000 agents in the coming weeks through an integration with BeachesMLS, MLSListings and REcolorado, it was announced on Monday
by Lillian Dickerson Jan 25
Talk and tech tools to help agents thrive in 2024
Tech and team leaders who spoke at Agent Connect on Tuesday stressed how agents can think outside the box to provide solutions for themselves, their clients and other agents in the industry
by Lillian Dickerson Jan 24
Anywhere CEO touts 'protection' from commission suit chaos
Ryan Schneider celebrated his company's settlements in several high-profile commission cases while on stage at inman Connect New York
by Lillian Dickerson Jan 24