14 ways to sidestep market drama and get back to business
Opinion
Save the drama for your mama when you put these practical strategies to work. Navigate the uncertainties of the current market so that you can feel better about your business
by Tim & Julie Harris Oct 19
CredEvolv coaches homebuyers to help them qualify for mortgages
Integration with Freddie Mac's HomeCoach tool lets housing counselors access automated underwriting tools used by mortgage lenders
by Matt Carter Oct 18
Square footage in suburban homes now worth more than in cities
Typical suburban home was worth $206 per square foot during the four weeks ending Sept. 25, just above the typical urban home which was worth $205 per square foot, according to Redfin
by Ben Verde Oct 18
Homebuilders suspect demand for new homes will fall even further
With sales already slipping off highs from earlier in the pandemic, a survey of builders released Tuesday by the National Association of Home Builders suggests the bleeding may have just begun
by Daniel Houston Oct 18
Heading off surprises helps keep deals on track as rates rise
Power buyers and mortgage lenders are providing certainty to homebuyers and sellers, industry leaders said at Inman Connect on Tuesday
by Matt Carter Oct 18
Gary Keller: 2022 poised to become 'second worst' deal year in history
Keller said during Inman Connect, that transactions could be down nearly as much as during the Great Recession, though he added there are still opportunities for those in real estate
by Jim Dalrymple II Oct 18
RealPage software may have pushed US rents sky high, new report says
The report, out Friday from news non-profit ProPublica, focuses on YieldStar, a piece of software the property management company says on its website is geared toward 'optimizing rent pricing'
by Jim Dalrymple II Oct 18
It's time for the mortgage industry to create meaningful options for homebuyers
Opinion
While mortgage companies go all-in on layoffs and bemoan the state of the industry, they’re failing to provide truly helpful solutions that would reassure buyers and get them into homes
by Troy Palmquist Oct 18
3 reasons New Yorkers are moving to Florida permanently
Opinion
What’s incentivizing the migration to Florida? Affordability, jobs and educational choice are just some of the reasons people are making the move
by Bonnie Heatzig Oct 18
Inflation up 8.2% over last year — and housing is largely to blame
Government’s estimate of the cost of owning a primary residence rose 0.8% in September and was up 6.7% compared to a year ago, which is the largest 12-month increase in the category's history
by Daniel Houston Oct 13
Always a bridesmaid, rarely a bride, first-time buyers make big return
First-time homebuyers now make up 45% of all transactions, up from 37% of all buyers in 2021, returning to pre-pandemic levels, according to new data from Zillow released Thursday
by Lillian Dickerson Oct 13
US residential rent growth cools to slowest pace in more than a year
Median monthly rent in the largest metropolitan areas of the United States dropped for a second-straight month in September to $1,759, according data released Thursday by Realtor.com
by Ben Verde Oct 13
For the first time, Fannie Mae now expects home prices to fall next year
Economists at Fannie Mae project national home prices to decline by 1.5% and home sales by 21% in 2023 as Fed continues inflation fight
by Matt Carter Oct 12
Homebuilding materials remain 38% costlier than normal
Acquiring construction materials remains expensive for homebuilders, even as a reduction in demand may be relieving supply chains, according to data from the US Bureau of Labor Statistics
by Daniel Houston Oct 12
NYC woman nabbed after renting luxury pads for gang members
Police arrested 35-year-old Latoya Williams on Oct. 5 at her Upper West Side apartment in Manhattan and charged her with aggravated identity theft and wire fraud
by Ben Verde Oct 12
Stop making comparisons to 2021. It's an outlier: DelPrete
Opinion
Year-over-year numbers don't take into account the fact that the pandemic years were radical outliers on a number of levels, real estate being just one
by Mike DelPrete Oct 12