Even in a topsy-turvy market, some agents are still drawing tons of bids
Even as home prices and rates hit record highs, it's still possible to attract multiple offers when a property stands out or it's priced to sell. 'We priced it right — right away,' one agent told Inman
by Ben Verde Oct 28
As US economy zigs upward again, real estate sags
Hits to broker commissions and home construction drove a decline in real estate gross domestic product in Q3 of the year, new data shows
by Daniel Houston Oct 27
In the short term, home prices will fall. But then what, economists ask
Affordability concerns weigh on nearly every corner of the housing market as the economy tips toward a possible recession, according to a new survey of real estate experts
by Daniel Houston Oct 27
Prices and rates are sky high! But what if my client NEEDS to move?
Despite mortgage rates near 7% and generationally high inflation, thousands of people still need to move in the next year and need help in navigating homebuying in the pricy market
by Ben Verde Oct 27
The economic outlook for real estate: Dark days ahead?
Instead of disputing the economic news, searching for a ray of sunshine, or ignoring it, Compass' Rich Hopen goes beyond the headlines to understand what is going on
by Rich Hopen Oct 27
Following dramatic surge, new-home sales fall 10.9% in September
The median sales price of a newly built single family home hovered at $470,000, up from the median sales price of $436,000 in August, according to new Census data released Wednesday
by Ben Verde Oct 26
Mortgage demand hits lowest level in 25 years as rates keep rising
With a Fed meeting looming next week, rates on 30-year fixed-rate mortgages have surged well past the 7% threshold, a Mortgage Bankers Association survey released Wednesday shows
by Matt Carter Oct 26
CoStar sees revenue, profit jump in Q3 despite slowing housing market
In an earnings call Tuesday, the real estate giant pointed to its Apartments.com business as a particularly successful standout in an otherwise challenging market this summer
by Jim Dalrymple II Oct 25
Not a one-off: Home prices dropped further — and faster — in August
A reversal in home price growth in July deepened into August as prices declined by 0.9%, according to the latest S&P CoreLogic Case-Shiller report. They remained up 13% from last year
by Daniel Houston Oct 25
Create future income: Secrets for maximizing your real estate investments
Opinion
The emerging buyer’s market, with increasing inventory and falling prices, offers a golden opportunity for you to invest in real estate to create income now and in the future
by Bernice Ross Oct 25
Side carries out new round of layoffs amid slowing market
The latest round of cuts comes after the company laid off 10 percent of its workforce in June. Side's layoffs are among dozens of others in the housing industry this year
by Jim Dalrymple II Oct 24
From zero to retirement hero: How real estate can fund your dreams
Opinion
Real estate is a hard asset that will keep pace with inflation, making it a smart investment to fund your retirement
by Bernice Ross Oct 22
Mortgage rates punch through 7% but may pause for Fed clues
Several Fed policymakers have hinted that they'd be open to a smaller increase in short-term rates in December if there are signs that inflation is starting to ease
by Matt Carter Oct 21
Nearly a third of income gobbled up by monthly mortgage payments now
The share of income required to afford a mortgage has risen to 30.2%, well above the established norm of 22.8% of a homeowner's income, according to an analysis by Zillow released Thursday
by Ben Verde Oct 21
Agent Outlook: It's harder than ever to get into the real estate market
Opinion
This will go down as one of the most challenging years for non-owners who would like to enter the market to begin building equity
by Eric Forney Oct 20
Existing-home sales drop for 8th straight month in September
Existing-home sales sagged 1.5% to a seasonally adjusted annual rate of 4.71M, 23.8% lower than in September 2021, according to data released Thursday by the National Association of Realtors
by Ben Verde Oct 20