The seller's iron grip loosens as bidding wars ease, price cuts rise
The slowing demand for homes is affecting the balance of power between buyers and sellers, according to 2 new reports from Redfin
by Daniel Houston Jun 17
What's giving eXp the edge right now? Mike DelPrete
Opinion
As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies
by Mike DelPrete Jun 17
The best and worst ways to handle layoffs as real estate cuts accelerate
The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others
by Jim Dalrymple II Jun 17
Fannie Mae downgrades home sales expectations for 2022 and 2023
Higher mortgage rates are now 'housing market's primary constraint,' economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5% this year
by Matt Carter Jun 16
Housing starts fall dramatically as builders fret over declining demand
Housing starts clocked in at a seasonally adjusted rate of 1,549,000, a 14.4% decline from revised April levels, according to the US Census Bureau and Dept. of Housing and Urban Development
by Ben Verde Jun 16
Homebuyers 'need a bit of a reset,' Fed chair Jerome Powell declares
Jerome Powell on Wednesday acknowledged the tough situation buyers now find themselves in, adding that 'We need to get back to a place where supply and demand are back together'
by Jim Dalrymple II Jun 16
How the market shift will impact your investment strategy
Opinion
With the negative shift ravaging the real estate market, it is easy to say that there is no positive to take out of it. But as with every market, there are opportunities
by Chris Heller Jun 16
Fed's biggest rate hike in 28 years might not further impact mortgages
After bond market sell-off Friday and Monday, investors take Fed's 75 basis-point rate hike in stride. 'The Fed managed to hint at today's move,' said the COO of 1 capital markets advisory firm
by Matt Carter Jun 15
'Clear sign' of a slowing housing market as builder confidence falls
Homebuilder confidence fell 2 points in June to 67, marking the lowest reading since June 2020, according to the National Association of Home Builders/Wells Fargo Housing Market Index
by Ben Verde Jun 15
Rise, fall, repeat: The biggest housing surprises of 2022  (so far)
Heading into 2022, forecasters at Realtor.com set expectations for where the home market would go. Halfway in, they're taking a second look
by Daniel Houston Jun 15
Do layoffs at Compass and Redfin signal a looming real estate purge?
The ranks of the real estate industry have swelled over the past decade, but some experts who spoke to Inman believe a trend in the opposite direction may be picking up speed
Compass to cut workforce by 10% amid worsening economy
The layoffs will involve full-time employees, not agents, and come as the housing and stock markets experience a major shift
by Jim Dalrymple II Jun 14
Buyers of new homes spend double on 1st-year improvements: Analysis
Hidden costs loom large for buyers in the first year of homeownership, and, surprisingly, that can be even more true with a new build, according to the National Association of Homebuilders
by Daniel Houston Jun 13
A woman managing a budget at a computer
Homebuyer budgets increased by 0.3 percent annually while prices tallied record gains, according to a new analysis by Redfin released Monday
by Ben Verde Jun 13
6 steps to increase diversity in both your office and business plan
Opinion
Studies show that businesses that embrace diversity are more successful than their competitors. Team leaders should reevaluate their workplace and business plan for growth for today's modern consumer
Compensation frustration: Here are 9 alternatives to your non-compete
Opinion
The truth hurts. Your non-compete may be holding your team back from retaining talent
by Donald "Dek" Bake Jun 13