US home prices tally biggest uptick of 2023 amid steep mortgage rates
The S&P CoreLogic Case-Shiller National Home Price Index posted a yearly increase of 4.8% in October, the fastest annual rate gain of 2023 and 'the strongest national growth rate since 2022'
by Ben Verde Dec 26
Loan subservicer Dovenmuehle Mortgage laying off 212 workers
Illinois-based Dovenmuehle, which collects monthly payments from homeowners in all 50 states on behalf of lenders and investors, is trimming staff at Lake Zurich HQ but not closing down
by Matt Carter Dec 22
New-home sales fell in November, but brighter days may lie ahead
Sales of newly built single-family homes fell 12.2% between October and November to an annual rate of 590,000, but lower interest rates may bring relief
by Ben Verde Dec 22
NAR must find a way to advocate for marginalized buyers post-Sitzer
According to Realtor Trina Gonzales-Van, additional fees to buyers, especially in marginalized communities, has the potential to create more barriers to homeownership
by Trina Gonzales-Van Dec 22
If I wanted to make $342,987 in 2024, this is what I’d do
If you truly want to have your best year ever in 2024, writes Jimmy Burgess, develop your plan of action and execute on your plan. Here's his blueprint for the new year
by Jimmy Burgess Dec 22
Keller Williams appoints 2 new executives before year's end
Longtime Keller Williams team leaders Wendi Harrelson and John Clidy are the brokerage's newest president of KWRI-Owned Regions and vice president of growth.
by Marian McPherson Dec 21
Lower mortgage rates failed to spur homebuyers into action last week
Demand for purchase loans has picked up in 5 of the last 7 weeks as mortgage rates continue a dramatic retreat from October highs on expectations of Fed rate cuts
by Matt Carter Dec 20
Toes in the sand: Real Brokerage adds 40-agent indie in Carolinas
Carolina Sky Real Estate operates in North and South Carolina under the guidance of Sheila Fleming and Toni McIntyre and is on track in 2023 to close just under 300 homes worth $117M
by Craig C. Rowe Dec 20
Zillow unveils top 10 markets where people dreamed of moving in 2023
The real estate portal pulled user search data and other metrics to find the top markets where people looked to move to in 2023. (Hint, the East Coast is really popular right now)
by Taylor Anderson Dec 20
Existing-home sales inch up in November after 5-month decline
Sales of existing single-family homes edged up 0.8% between October and November, and more gains are expected as interest rates settle
by Ben Verde Dec 20
1 in 4 agents are fielding client commission queries now: Triple-I
Brokerages have sprung into action as commission lawsuits proliferate — and not a moment too soon, according to the results of November's Inman Intel Index survey, released Wednesday
by Daniel Houston Dec 20
Time for brokers, agents to bridge the Sitzer disconnect: LeBarton
Brokerages have been scrambling to get agents up to speed on commission lawsuits — but they may already be in deeper than broker-owners realize, Inman's Director of Research tells Intel
by Daniel Houston Dec 20
How was your year? Take the Inman Intel Index survey: December 2023
The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey today
by Chris LeBarton Dec 20
Life is the force that will define the 2024 spring housing market
Team leader and new Inman contributor Diana Sutherlin says agents must approach the spring market with enthusiasm, preparation and adaptability, and be ready to navigate every opportunity
by Diana Sutherlin Dec 20
Housing starts defy expectations, surge to highest point since May
Housing starts jumped 14.8% between October and November to a seasonally adjusted annual rate of 1.56M. That's 9.3% higher than they were in December 2022
by Ben Verde Dec 19
Flyhomes announces 3rd round of layoffs since 2022
The Seattle-based brokerage and mortgage lender announced another round of layoffs on Friday. Flyhomes had layoffs in July and November 2022, with one round impacting 20% of its workforce
by Marian McPherson Dec 19