Home affordability erodes at fastest annual pace since 2004
Despite record-high prices, homes remain much more affordable for buyers than they were in 2006, but buying power has taken a big hit lately
by Daniel Houston Mar 30
Rising mortgage rates not deterring spring homebuyers
Purchase mortgage applications were up 1% during the week ending March 25
by Matt Carter Mar 30
A comprehensive guide to generating listings today
Here, Inman has created an extensive resource for ways to find inventory — from old-school methods to more creative approaches — when it seems like there's nothing left on the shelves
by Lillian Dickerson Mar 30
Pennymac lays off 236 workers after upping tech, marketing investments
The layoffs come as Pennymac ups its investment in technology and marketing to help it do more business directly with consumers and mortgage brokers
by Matt Carter Mar 29
The condo recovery is underway — but houses remain hotter
Competition for condos has been fierce in the past year as buyers once again looked for homes nearer their cities' urban centers
by Daniel Houston Mar 29
January home prices see 4th-largest year-over-year gain in 35 years
The 19.2 percent year-over-year jump was the fourth-largest increase recorded in the 35-year history of the Corelogic Case-Shiller Index
by Ben Verde Mar 29
How luxury clients may be impacted by Biden's wealth tax proposal
The 'Billionaire Minimum Income Tax,' as outlined in Biden's proposal, would require households worth more than $100M to pay a tax of at least 20% on both their income and any unrealized gains — including real estate
by Lillian Dickerson Mar 29
As homebuyers pine for options, startups scramble to fill the void
A new class of tech company is responding to the home inventory shortage by taking sellers to the edge of the MLS — and sometimes beyond — with off-market appeals and more
by Daniel Houston Mar 29
The homebuilding supply chain is broken. How can we fix it?
As homebuyers falter under the weight of scant inventory and booming home prices, everyone is counting on homebuilders to tip the scales by increasing supply. However, the specter of The Great Recession and coronavirus-induced supply chain issues means help — for builders and buyers — is far away
by Marian McPherson Mar 28
Pending home sales dip for 4th consecutive month
Pending home sales decreased 4.1% in February from the previous month, and were down 5.4% from the same period last year
by Ben Verde Mar 25
News Quiz: Do you know the biggest stories for the week of March 20?
T3 Sixty, Zillow and Keller Williams all made headlines this week. Test your knowledge of the biggest stories to see if you're up to date on the industry
by Inman Mar 25
From 'Belfast' to 'Dune,' the homes of every Oscar Best Picture nominee
Inman rounded up the homes most prominently featured in this Sunday's Academy Awards for Best Picture, and broke them down by time, place and estimated home price, as well as what they would cost today, for all the movie buffs following along during this year's ceremony
by Lillian Dickerson Mar 25
End in sight for inventory crisis? Yes, but experts can't agree on when
While 38% of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36% pegged 2023 as the year. The remainder believe we'll have to wait until 2025
by Ben Verde Mar 24
Biden administration lays out bold plan to combat appraisal bias
Released Wednesday morning, the 5-point plan seeks to arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry and leverage data for policymaking
by Ben Verde Mar 23
Buyers shift gaze to unstarted builds as new home sales drop
Homebuilders sold more unstarted homes in February, but these gains were more than offset by a decline in sales for homes under construction, according to the US Census Bureau
by Daniel Houston Mar 23
Millennials glow up: Tech savvy age group nears 50% share of US buyers
In 2021, millennials made up the largest share of buyers at 43%, up from 37% in 2020, according to the National Association of Realtors' Home Buyers and Sellers Generational Trends Report
by Andrea V. Brambila Mar 23