Brokerage executives predict falling profits, economic decline in 2023
Real estate leaders are pessimistic about the state of the economy, but nevertheless upbeat about their ability to take share in a chaotic market, according to a new survey from Delta Media Group
by Jim Dalrymple II Jan 12
‘The gate is beginning to open’: Big inflation drop may aid homebuyers
The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers' budgets — and financing, according to new data from Bureau of Labor Statistics
by Daniel Houston Jan 12
Refis ramp up as rates fall to 6.28% — but homebuyers stay on the fence
Requests to refinance accounted for 31% of all loan applications last week, well below the past decade’s average of 58%, according to a weekly MBA lender survey
by Matt Carter Jan 11
2023 is going to be alright
You've got 365 days to work with in 2023. Whatever your circumstances, that adds up to (at least) 365 opportunities in the coming year
by Teresa Boardman Jan 11
Anywhere lays off more workers, announces end of RealSure iBuyer
The company has slashed its workforce by 11% since last June, according to US Securities and Exchange Commission filings. The moves come following months of housing market declines
by Jim Dalrymple II Jan 10
This is where it takes the longest amount of time to save up for a home
In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in Detroit, who will save for just 2.6 years
by Lillian Dickerson Jan 10
Show your agents love — and build their businesses
It's the middle of winter, and your team is wrestling with new habits and resolutions. Show them appreciation with tools that will help them capture business, not just words of encouragement
by Rachael Hite Jan 10
EXp founder Glenn Sanford speaks out on 'lull' in agent count growth
EXp World Holdings founder Glenn Sanford said the tumultuous housing market was a factor in him stepping back into the role of CEO at eXp Realty, and the firm's sluggish agent count growth
by Jim Dalrymple II Jan 9
Homebuyer sentiment ticks up again on signs of market top
More consumers are coming around to economists' views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae
by Matt Carter Jan 9
5 myths (you may believe) about affordable housing
Opinion
Agent Missy Yost debunks common misconceptions around affordable housing that you may need to reconsider
by Missy Yost Jan 9
Pending home sales fall to lowest level since 2015, new data shows
Pending home sales dropped 32% annually during the 4-week period ending Jan. 1, with the biggest drop-offs recorded in markets that took off during the pandemic, according to Redfin
by Ben Verde Jan 6
8 ways for agents to be the lighthouse in 2023
Consumers are overwhelmed with noise and nonsense surrounding real estate transactions. Help shed light against the negative naysayers by focusing on providing sensational customer service experiences instead
by Darryl Davis Jan 6
Real estate payrolls end on a strong note to close out a volatile year
Brokers, agents and homebuilders tallied a solid hiring month amid the holidays even as the downturn in real estate transactions continued, according to the US Bureau of Labor Statistics
by Daniel Houston Jan 6
Want to buy a home in Canada? You'll likely have to be Canadian
As of Jan. 1, homes in Canada can only be purchased by the nation's citizens and a few other groups after a new law went into effect. The step's a campaign promise of Prime Minister Trudeau
by Daniel Houston Jan 5
The 'Great Reshuffling' didn't come to a halt in 2022, new data shows
The number of moves slowed slightly from a record year in 2021 but remained at elevated levels nationwide, according to new data from the US Census Bureau backed by internal metrics from U-Haul
by Taylor Anderson Jan 5
Dealing with disasters: How agents can help their communities recover
When disaster strikes, the connections we’ve built in the course of our daily work can prove invaluable in the recovery effort and beyond
by Marcus Larrea Jan 5