Manhattan housing market posts biggest 3rd quarter in 3 decades
Luxury apartment sales surged approximately 226% year over year and almost 33% from the previous quarter, according to Douglas Elliman. The brokerage netted 453 luxury sales
Jump in rates cuts into demand for mortgages
Rising mortgage rates have curbed demand for refinancing and purchase loans after inflation worries pushed rates to highest levels since July, according to the MBA
by Matt Carter Oct 6
Better enabling homebuyers to make cash offers in 12 states
Program launches as Better moves to finalize its bid to become a public company
by Matt Carter Oct 5
How to find listings in a highly competitive market
Becky Eakle argued during Coldwell Banker's Gen Blue Experience that the listing agent always wins. The key then is figuring out how to get more would-be sellers off the fence
by Jim Dalrymple II Oct 5
Fannie, Freddie loan limits set for record 50-year leap in 2022
Lenders are betting home prices kept rising in third quarter, and that they'll be able to sell bigger loans to Fannie and Freddie once conforming loan limit officially goes up on Jan. 1
by Matt Carter Oct 5
Home prices climb to 45-year high
US home prices soared 18.1% in August, notching the highest annualized rate of gains since CoreLogic began tallying the data in 1977. But don't expect the dramatic surge to last
Coldwell Banker CEO M. Ryan Gorman on inventory, rebranding and more
In the lead up to Coldwell Banker's Gen Blue Experience, M. Ryan Gorman said he sees the seller's market sticking around for the foreseeable future
by Jim Dalrymple II Oct 5
Essential workers sacrifice space and home age to afford their rent: Zillow
Millions of renters throughout the US are often forced to choose smaller and older homes to afford their rent, according to a recent report from Zillow
America's hottest neighborhoods: Oregon's Old Bend district
With plenty of cash and high incomes, young professionals from bustling metros have made a big imprint on the sleepy ski town of Bend, Oregon
by Daniel Houston Oct 4
What to watch for at Coldwell Banker's Gen Blue event this week
Diversity, recruiting, competition and more will all be big topics at Coldwell Banker's big Gen Blue Experience event in New York this week
by Jim Dalrymple II Oct 4
Home prices could ‘moderate’ if mortgage rates keep rising
Rates for 30-year mortgages jump 13 basis points in one week as investors weigh prospects for inflation, Fed tapering
by Daniel Houston Sep 30
With wildfires on rise, these 5 states bear more risk than California
A new report from CoreLogic finds that the typical home in Wyoming is nearly 3 times as likely to go up in flames as one in California
by Daniel Houston Sep 30
Are sellers getting greedy? Asking prices surge to new record
The median asking price of newly listed homes for sale surged 12% year over year to a record high of $361,250, according to a Redfin report
by Lillian Dickerson Sep 29
Are rising housing prices actually a good thing?
Opinion
Are rising housing prices a bad thing? Consumers think so. It’s critical real estate agents understand and can explain what that means for clients, the industry and the economy
by Adam Hergenrother Sep 29
Pending home sales beat projections following 2 months of declines: NAR
Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported
by Lillian Dickerson Sep 29
Demand for mortgages cools as rates bounce back to July levels
Increase in conventional refinance requests could be a sign that borrowers are reacting to higher rates
by Matt Carter Sep 29