Real Estate Markets & Economy
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests
National home prices climbed 3.9% from a year earlier in September and were up 0.7% from the previous month. Detroit was the market with the highest price growth, followed by San Diego
The pilot program, dubbed 'Plus One ADU,' draws on a $2.6M grant from New York State Homes and Community Renewal. As many as 15 eligible single-family homeowners will receive funds
Opinion
According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case has broad implications for the accessibility of homeownership
Sales of newly built single-family homes clocked in at a seasonally adjusted annual rate of 679,000 during the month of October
Two closely watched forecasts agree that mortgage rates have probably peaked, but the MBA and Fannie Mae diverge sharply on how quickly they'll come down over the next 2 years
Requests for purchase loans were up 4% last week compared to the week before, but down 20% from the same time a year ago, Mortgage Bankers Association's weekly survey of lenders finds
Existing sales fell 4.1% in October to an annual rate of 3.79M, the lowest since 2010, according to data from NAR. Nonetheless, multiple offers are still happening, economist Lawrence Yun said
After exceeding 8% in October, rising mortgage rates overtook 'lack of housing inventory' as the top concern for real estate agents, according to the latest monthly Inman Intel Index results.
RentRedi CEO Ryan Barone writes that from smart home enhancements to mobile-friendly tech services, technology is the key to helping college-town landlords thrive in today's market
Don't let the negative headlines get in your head, writes coach and trainer Darryl Davis. Find out how you can come from a positive place and put your best face forward right now
Thirty percent of rentals advertised on Zillow in October offered concessions of some sort, such as free parking or free months of rent, even as rental rates remain high
Please add your voice to the Triple-I, the real estate industry's most ambitious monthly survey
Right now, agents are feeling overwhelmed by potential changes post-Sitzer. Coach Darryl Davis offers wisdom and action steps to shore up your business for the tumultuous market ahead
Housing starts rose 1.9% from September to reach a seasonally adjusted annual rate of 1.372M
Since its appraised value is over $1M, the iconic Italian beef stand would incur significantly higher transfer taxes in a sale if Mayor Brandon Johnson's proposed 'mansion tax' passes
October saw builder confidence in the market for newly built single family homes fall 6 points to a measure of 34, the lowest level since December 2022