Real Estate Markets & Economy
A new report from the US Federal Reserve suggests it was spiking demand — not a lack of homes for sale — that sent prices skyrocketing over the past 2 years
Fannie Mae finds 81% of Americans think the economy is on the wrong track, but the share of consumers who think it's a good time to buy ticked up in June
In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first set in during March of 2020
Fears of impending recession and a spate of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the US Bureau of Labor Statistics
Opinion
As the market shifts, the reemergence of contingent transactions and contingency clauses can help you gauge the balance of power
Opinion
The changing demographics of our nation require the real estate industry to continue to learn and welcome all people in our changing American population
Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers
Opinion
Don't be discouraged if your newly retired homebuyer clients are taking their time. These clients know what they want and are willing to wait for the perfect home
Although fears of a recession are bringing mortgage rates down, would-be homebuyers aren't rushing to apply for loans, according to a weekly survey of lenders
Although inventory shortages are starting to ease, falling sales are driving the trend as homes are less affordable then they've been since the mid-1980s
The vast majority of recently purchased vacation homes are exposed to risk from storms and heat. Floods are an increasing concern
Opinion
Does your pipeline feel frozen? These 7 proven referral source strategies are certain to put some heat back into those prospecting efforts
Opinion
To keep the American experiment vital and vibrant, we need buy-in from folks who are getting overlooked in the current market
The typical asking price for a home on the market took a modest downward turn in late May and early June, a sign of a softening market
Opinion
Housing could be made more affordable. The problem? It's not in enough people's self-interest to do so
Q2 of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least 2 decades. Median home purchases would have taken up 31.5% of average annualized wage
Opinion
The recent market shift has some real estate professionals responding out of fear. Instead, dig down and get in touch with the fundamentals to develop a service-oriented approach that will win the day