Luxury home sales plunge to 10-year low, surpassing COVID levels
Luxury home sales in the US dove by 28.1% year over year during the 3 months ending Aug. 31, 2022 — eclipsing the 23.2% drop in luxury sales at the height of the pandemic, Redfin data shows
by Lillian Dickerson Sep 22
As it keeps hiking short-term rates, Fed stays the course on mortgages
Fed Chair Jerome Powell says policymakers are not ready to start selling off Treasurys and mortgage debt to accelerate trimming of $9T balance sheet
by Matt Carter Sep 21
Don't expect mortgage rate relief in 2023, Fannie Mae warns in forecast
Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is under control
by Matt Carter Sep 21
This is the 'fastest-slowing' housing market in the US, new data shows
The slowdown in housing has been 'fastest slowing' on the West Coast, where prices in some markets have already fallen by 2 percent since July, according to a new analysis by Redfin
by Daniel Houston Sep 21
The benefits of the 'Great Housing Boom' will ring out for years to come
Opinion
The entire country experienced a housing boom that set off a neighborhood infrastructure metamorphosis. Even with the housing market flipped upside down, the benefits are boundless
by Brad Inman Sep 21
Median sale price dips below $400K as existing-home transactions slip
The median sale price of an existing US home declined to $389,500 in August, down from July when it sat at $403,800, according to data Wednesday by the National Association of Realtors
by Ben Verde Sep 21
Demand for home loans picks up for first time in 6 weeks
Rising demand for purchase loans and refinancing as rates climb to new highs underscores volatility, with Fed expected to continue rate hikes, according to the MBA's latest survey
by Matt Carter Sep 21
Commissions ain't cutting it? Unique revenue streams for today's tough market
Opinion
One revenue stream is not enough to keep you afloat during market shifts. Find out how agent Taunee English leverages three different streams to maximize financial security
by Bernice Ross Sep 20
A man laying brick using mortar
Monthly housing starts rose 12.2% in August to a seasonally adjusted rate of 1,575,000, according to US Census Bureau data released Tuesday. August 2022 levels fell 0.1% year over year
by Ben Verde Sep 20
Zillow's US home-value estimate drops for 2nd consecutive month
Zillow has lowered its assessment of home values nationwide as the market continues to muddle through an ongoing slowdown in real estate
by Daniel Houston Sep 19
https://www.inman.com/2017/12/26/housing-shortage-softening-buyer-demand-in-major-us-metros/
Builder confidence in the newly built single-family home market fell 3 more points in September, to a score of 46 on the Wells Fargo Housing Market Index, according to data released Monday
by Ben Verde Sep 19
Inman's ultimate guide to navigating the topsy-turvy fall housing market
Buyers and sellers face a new reality where bidding wars will be rare, days on market stretch out and markets go from boom to bust (and bust to boom). But don't fear — Inman has you covered
by Marian McPherson Sep 19
Once on top of world, homesellers are slowly losing their edge: Study
The 4 week period ending on Sept. 11 boasted a 2.9-month supply of homes on the market, up from a supply of just 1 month during the same period a year ago, according to data from Redfin
by Ben Verde Sep 16
Cash still king as nearly a third of homebuyers spurn costly mortgages 
All-cash home purchases in the US hit 31.4% of all transactions in July 2022, just short of an 8-year high reached in February 2022, according to new data released Friday by Redfin
by Lillian Dickerson Sep 16
Fed finds grim outlook for housing in latest Beige Book
The housing market remains stilted by high mortgage rates with hopes for a turnaround dim, according to the Federal Reserve
by Ben Verde Sep 16
RealScout launches 19th Buyer Graph in Southwest Florida
14 brokerages have partnered to launch the Southwest Florida Buyer Graph, which hosts real-time anonymized buyer data and habits and climate risk data
by Marian McPherson Sep 15