Real Estate Markets & Economy
A record-high 33.7% of homebuyers sought to move from 1 metropolitan area to another in July, up from 32.6% in the second quarter of 2022, according to a report from Redfin on Thursday
In an Aug. 8 video to agents sure to cause a stir, Altos Research founder and CEO Michael Simonsen posits that the worst the industry may face is a contraction, not a crash
Interest in the housing market has peaked on Google, with searches for whether a crash is imminent shooting up. The spike suggests homeowners are nervous about their market timing
Figures released Wednesday by Attom show a total of 30,358 properties with foreclosure filings in July. Despite the slight drop, foreclosure activity is still up 143% from the same time last year
The long-awaited recovery in home inventory is in full swing. It's not being driven by a rise in new listings but by the ongoing slowdown in demand from buyers, according to Realtor.com
The share of homes listed for 30 days or longer increased 12.5% in July compared to a year earlier, with 61.2% of homes now sitting on the market for a month or longer, according to Redfin
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin
Boldly jumping into a space already occupied by some very savvy players, there has never been a better place to uncover the new and different than the main stage at Inman Connect Las Vegas
Douglas Elliman's revenue declined in Q2 as the housing market — particularly the luxury sector — struggled with slower activity, the company said in its 3rd earnings report as a public company
Despite a softening market and a recent FTC fine, Mike DelPrete described Opendoor as well-managed and in possession of enough cash to thrive for years to come, at Inman Connect
Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to 'race to the top' or 'race to the bottom'
The largest weekly decline in mortgage rates since 2020 sparks increase in home loan applications after 4 weeks of declining demand, MBA's survey says
Opinion
If you haven’t experienced a buyer’s market before, everything you know about selling real estate is about to be turned upside down. Here's how to weather a downturn and keep your business moving forward
The coronavirus pandemic allowed multitudes of people to move away from big coastal cities. A group of luxury real estate leaders at Inman Luxury Connect weighed in on how that trend is progressing
Homebuying power has been in decline but the market fundamentals remain as strong as they were in 2019. Here is some advice from First American Chief Economist Mark Fleming
The increase, while unusually high by normal standards, marked the 2nd month of deceleration as the market shifts away from the cheap mortgage environment brought about by COVID
Homes in New York state take an average of 130 days to get an offer and close a deal. That's longer than anywhere else in the US, according to a new study from online bank Tangerine.ca