4 states reach pre-pandemic job levels, with more on the way: Report
Economists told The Wall Street Journal how population growth has driven the strongest job recoveries — most recently in Texas and Arizona
by Daniel Houston Jan 18
Yes, wages really are rising faster than rent in a majority of counties
A report found that wages are rising faster than rent prices in 637 out of the 1,154 counties analyzed — a slim majority
by Ben Verde Jan 18
Wells Fargo mortgage production fades as it closes branches
Nation's biggest provider of purchase loans made 27% fewer loans to homebuyers in 2021
by Matt Carter Jan 17
Read MLK’s ‘The Other America’ housing speech as it turns 55
Martin Luther King Jr. presented his 'Other America' speech in 1967 to highlight disparities among Black and white Americans and to call on Congress to pass fair housing legislation. Click on Inman's footnotes to understand how far we've come — and how far we have to go
by Taylor Anderson Jan 17
US home sales tally biggest drop since start of pandemic
Record-low inventory dragged home sales down by a seasonally adjusted 3.6% nationwide in December, according to a new Redfin report released Friday
by Taylor Anderson Jan 14
Foreclosures drop in December, capping off all-time low year
Foreclosure filings dropped 8% in December as a once-feared wave of mortgage defaults has largely failed to materialize, according to a new report from Attom Data Solutions
by Daniel Houston Jan 14
Mortgage rates hit highest point since COVID closures in early 2020
Demand for purchase loans remains steady, but rising rates are closing the door on refinancing opportunities, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey
by Matt Carter Jan 12
2021 was 3rd-costliest year on record for extreme weather events
The year saw 20 separate climate and weather disasters wreaking at least $1B in damages each in the US, according to an annual report from the National Oceanic and Atmospheric Administration
by Lillian Dickerson Jan 11
First-time homebuyers: These are the top housing markets of 2022
Magna? Chalco? Mauldin? Realtor.com rounded up the best markets for first-time homebuyers in 2022 and found that the best housing markets for first-time buyers are under the radar
by Lillian Dickerson Jan 10
Demand for houses is way up. Are first-time buyers driving it there?
The share of first-time homebuyers was up last year, but far below the runup to the housing crash of 2008, according to NAR's Profile of Home Buyers and Sellers. What's happening?
by Daniel Houston Jan 10
HomeSmart files IPO paperwork
The tech-enhanced brokerage is the first major real estate firm to move toward a stock market debut in 2022. That move, however, comes after a tumultuous year for publicly traded real estate firms
by Jim Dalrymple II Jan 7
IBuyers flipped 1 in 5 homes to institutional investors in 2021
In one 'hot spot within a hot spot' — McDonough, Georgia — 70% of homes flipped by iBuyers like Zillow Offers and Opendoor were resold to institutional investors, many without being listed
by Matt Carter Jan 7
I worry about higher mortgage rates — and other stuff
Opinion
'When all the experts unanimously agree, it makes me nervous,' Inman Publisher Brad Inman writes. 'I'll never forget the careless chorus of experts pumping up the housing market in 2008.'
by Brad Inman Jan 7
News Quiz: Test your grasp of the biggest news for the week of Jan. 2
Zillow, NAR and a strange celebrity matchup all made headlines on the first week of the new year. As we embark on 2022, test your knowledge of the week's biggest real estate stories
by Inman Jan 7
Agents say they're optimistic about 2022 — but COVID questions linger
Published earlier this week, Inman's latest Agent Appreciation survey also revealed that most real estate agents see inventory shortages as one of 2022's biggest challenges
by Jim Dalrymple II Jan 7
Housing costs will be 'permanently higher' following pandemic: Study
As home prices normalize and rental prices rebound from the height of the pandemic, OJO Labs warns buyers and renters should prepare for a housing market with 'permanently higher' prices
by Marian McPherson Jan 6