4 ways to help agents (re)adjust to a normal market
How the real estate agents in your brokerage respond to change is key. Don’t let it run you over. Make it work for you
by Thai Hung Nguyen Apr 13
Homebuyer mortgage demand perks up as rates retreat
Homebuyer demand for purchase loans up 8% last week even after adjusting for the expected seasonal boost from the spring homebuying season
by Matt Carter Apr 12
Housing costs remain stubbornly high despite relief on food, energy
The US Consumer Price Index cooled to 5% in March compared to a year ago, but remained elevated overall despite efforts to curb inflation, according to the Bureau of Labor Statistics
by Ben Verde Apr 12
Economic anxiety accelerated Q1 multifamily rent growth slump
Inflation and recession fears pushed renters away from higher-priced, amenity-rich developments as rent growth at the highest tiers slowed to 1.5% annually, according to a new CoStar analysis
by Marian McPherson Apr 11
Poll shows most Americans still think it's a bad time to buy
Fannie Mae survey shows sentiment ticked up slightly in March with consumers becoming more confident about homeselling conditions and less worried about losing their jobs
by Matt Carter Apr 10
Real estate adds fewer jobs in an otherwise strong US hiring month
The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data
by Daniel Houston Apr 7
Home sales are cooling — but the competition is red hot. What gives?
New listings plunged 21.8% from a year ago, marking one of the most significant annual drops since the beginning of the pandemic, according to a new analysis of housing inventory by Redfin
by Ben Verde Apr 7
Renters of color spend 43% more on initial rental costs
Zillow's latest market report reveals Black, Latinx and Asian American Pacific Islander renters spent $15 more per application than their white counterparts
by Marian McPherson Apr 6
Purchase loan demand falls as jumbo mortgages buck rate trend
Ongoing banking instability sparked by the failures of Silicon Valley Bank and Signature Bank may affect the availability of jumbo mortgages not eligible for purchase by Fannie Mae, Freddie Mac
by Matt Carter Apr 5
Cash to burn: Do real estate's big players have enough in the bank?
Real estate businesses burned through billions in cash last year. Intel breaks down the biggest companies with the least wiggle room as economic uncertainty stretches into 2023
by Daniel Houston Apr 5
Don't knock the She Shed, guys — it could get you a 2.5% premium
Amenities that appeal to cooking enthusiasts, like steam ovens, pizza ovens or professional-grade appliances, can also add as much as 5.3% more to a home's sale price, a new analysis shows
KC Conway on a big banking risk that has flown under the radar
Hundreds of banks are exposed to large concentrations of commercial real estate — and high levels of risk, Red Shoe Economics' K.C. Conway, a seasoned Federal Reserve veteran, told Intel
by Daniel Houston Apr 5
23 objections you'll hear now (and how to handle them)
There are many ways to handle objections from potential clients. Here's how to make your response authentic and effective
by Cara Ameer Apr 5
Cash deals hit all-time high in Manhattan as sales plummet 38%
The average sale price for a home in Manhattan fell 5% to $1.95M while the median sale price fell 10% to $1.075M, according to a quarterly market report by Douglas Elliman and Miller Samuel
by Ben Verde Apr 4
No team is hot all the time. Here's how to get your team past a hump
Ultimately, the best way to get teams over a hump is to build good teams. Valued people bring buy-in to the workplace
by Michael Zaransky Apr 1
The LA 'mansion tax' is coming, sending sellers on a sprint to April 1
To make their $5M-plus properties more attractive and move them more quickly, some sellers have been cutting their asking prices precipitously and negotiating other add-ons into contracts
by Lillian Dickerson Mar 31