Can an LA condo set a $50M record? Agents say, why not?
LA's luxury condo market has never seen a sales price above $35M. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time
by Lillian Dickerson Dec 15
NAR President: Commission changes will 'marginalize' buyers
NAR President Tracy Kasper appeared on CNBC's 'The Exchange' Thursday to discuss mortgage rates, affordability and the potential harm of changes to the current commission structure
by Marian McPherson Dec 15
Rates keep falling, and buyers and sellers are springing into action
Listings and pending sales hit the highest level in roughly a year, according to a new report from Redfin. Still, a record number of contracts were canceled
by Taylor Anderson Dec 15
Recapping the resilience of the 2023 housing market
Opinion
Despite unprecedented challenges, and the predictions of naysayers, the residential real estate market showed surprising strength in 2023, according to industry analyst Michael Gifford
by Michael Gifford Dec 15
Stop! Before you send that buyer listings, ask these 47 questions
If you don't ask your buyers the right questions, writes broker associate Cara Ameer, before you travel too far down the road with them, you could end up wasting their time and yours
by Cara Ameer Dec 14
Mortgage rates poised to drop as Fed projects 3 cuts
Federal Reserve policymakers anticipate 3 rate cuts by the end of next year, but investors and some economists think the central bank may cut faster and harder, with relief by spring
by Matt Carter Dec 13
Homebuyers continue to take advantage of falling rates
Demand for purchase mortgages has picked up in 5 out of the past 6 weeks, and applications to refinance have roared back, jumping 27% from a year ago, MBA survey shows
by Matt Carter Dec 13
High-income renters are top prize as ownership hurdles pile up: Poll
Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman
by Chris LeBarton Dec 13
Confused about condos? Here's everything you need to know
Selling detached or single-family condominiums comes with a host of unusual issues. Trainer Bernice Ross shares what you need to know to provide expert service to your clients
by Bernice Ross Dec 13
Major real estate players push back against Florida's foreign buyer ban
Lobbying group the Real Estate Roundtable, which represents the interests of investors like Blackstone, is appealing to state legislators to amend Gov. DeSantis' foreign investment ban
by Lillian Dickerson Dec 12
Want to grow your business? 5 ways to lead with kindness
Research shows that kindness can positively impact your business. Luxury agent Nikki Beauchamp agrees, incorporating kindness in your professional toolkit can pay dividends
by Nikki Beauchamp Dec 12
Annual inflation cools for 3rd month straight to 3.1%
The Consumer Price Index rose only 0.1% between October and November, 3.1% higher than a year earlier, suggesting interest rates will hold steady at this week's Federal Reserve meeting
by Ben Verde Dec 12
Redfin expands commission-based model in Southern California
New commission-based model, Redfin Next, is now available to agents in San Diego and Orange County. Agents keep their W-2 status and benefits while getting commission splits of up to 75%
by Marian McPherson Dec 12
As the market makes a comeback, here's how to get your 'rizz' back
As the Federal Reserve prepares to meet next week, lower interest rates spark joy with agents and would-be buyers. Are you ready?
by Christy Murdock Dec 9
EXp Luxury celebrates its newest phase of international expansion
In addition to launching in Australia and New Zealand, the virtual brokerage also expanded its luxury program into South Africa and the United Kingdom
Mortgage rates edge up on surprisingly strong jobs report
Employers added 199,000 workers to their payrolls in November, a sign that the economy may achieve a soft landing but making Fed spring rate cuts less likely
by Matt Carter Dec 8