Homebuilders avoid mass layoffs as brokerages post big hiring month
Sales of new homes have suffered, but plenty of projects remain active. Homebuilders have yet to make steep cuts to their payrolls, according to the US Bureau of Labor Statistics on Friday
by Daniel Houston Dec 2
Homes for sale were pulled from the market at record pace in November
In the biggest decline in active listings since at least 2015, an average of 2% of all US homes for sale were delisted during a 12-week period ending Nov. 20, according to data Friday by Redfin
by Ben Verde Dec 2
Pending sales fell in October for the fifth month in a row
Rising rates and nervous consumers have set up the housing market for its 'slowest fourth quarter in a decade,' according to one economist
by Jim Dalrymple II Dec 1
CoStar cuts 100 jobs amid Homes.com restructuring
The cuts are part of an effort to integrate Homes.com with Homesnap and come at the tail end of a year in which CoStar has moved aggressively into the residential real estate sector
by Jim Dalrymple II Dec 1
Home tours plummeted by half this year in Western states
Nationwide, home showing activity in October was down 27% year over year. In the West, the drop-off was nearly twice as steep
by Daniel Houston Dec 1
'Bet on the Midwest': Zillow's 2023 housing market predictions
The listings giant predicts a surge of interest in Midwest markets and a new crop of first-time landlords among other items
by Ben Verde Dec 1
These counties are at the greatest risk for housing market declines
The data does not suggest a steep drop in home prices is imminent but shows that different areas are facing lower and more elevated levels of risk as the U.S. economy remains uncertain
by Ben Verde Dec 1
Redfin economist: 'We're going to have pain' while high inflation lasts
Daryl Fairweather also said during her Yahoo Finance appearance that 'demand is very weak' as both homebuyers and sellers take a breather from the housing market
by Jim Dalrymple II Nov 30
Here are the 10 best (and worst) cities for women in real estate
Women in real estate in Toledo make 136% of the earnings of men in real estate in the city, survey says. Women also hold a majority of real estate jobs in the city at 59% of all real estate jobs
by Lillian Dickerson Nov 30
All brokerages are entering the winter of real estate: Mike DelPrete
Opinion
Now that earnings are in for the big box brokerages, the anticipated revenue decline is clear. But does it tell the whole story?
by Mike DelPrete Nov 30
Purchase mortgage demand up 4th week in a row as rates fall
Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to MBA lender survey
by Matt Carter Nov 30
Fannie and Freddie get green light to buy $1M mortgages
The big run-up in home prices may have cooled, but the 2023 conforming loan limit will be increased by 12% to $726,200 in most parts of the country
by Matt Carter Nov 29
Home prices dropped in September for third straight month
The S&P Corelogic Case-Shiller Home Price Index reported a 10.6% annual gain in home prices during September, down from the previous month when they increased 12.9%
by Ben Verde Nov 29
Proptech’s leader has been crashing on our couch this whole time
Opinion
Stop talking about proptech without even a whiff of the defining company in the category entering the chat. The largest proptech company is rarely mentioned
by Drew Meyers Nov 29
Sign of the times: What the market could be signaling
Opinion
Ready to take a casual stroll through stats to try to make sense of these market? Find out where 'cocktail economist' Peter Prudden thinks we are headed next
by Peter Prudden Nov 29
'No housing bubble': An economist's top 10 predictions for 2023
Cut through the online clutter and armchair quarterbacking of the real estate industry with these expert predictions from Windermere Real Estate Chief Economist Matthew Gardner
by Matthew Gardner Nov 28