Home prices rise by 13% from last year: CoreLogic
This is the third month in a row that home prices across the country have seen double-digit annual growth
Construction spending rises again in April as lumber costs climb
Residential construction spending continued to grow in April, rising 1.3% month over month for new single-family builds, according to report from the US Census Bureau
by Daniel Houston Jun 1
Inman Handbook on pending home sales
Pending sales numbers are one of the most ubiquitous forms of data in real estate. They have their limits, but are also key to making sense of the housing business
by Jim Dalrymple II Jun 1
51% of homes sold above listing price in May: Redfin
Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60% of homes went under contract in 2 weeks
by Marian McPherson May 28
The New Normal: What if specialization is the answer?
Post-COVID buyer needs are changing, creating new opportunities for agents who are willing to specialize. What segments stand to gain in the new normal?
by Christy Murdock May 28
Mortgage rates retreat from 3% threshold
Support builds at the Fed to at least begin discussions on when to taper mortgage bond purchases, which have kept have kept long-term interest rates low
by Matt Carter May 27
Overlooked inventory: 6 ways to find that diamond in the rough
Inventory can be found anywhere — real estate agents just have to get creative and put a little legwork into unearthing it
by Lillian Dickerson May 27
Pending-home sales take 4.4% hit in April
In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5% from March to April
by Lillian Dickerson May 27
Mortgage lending standards ease for refinances
The biggest monthly move since 2013, a four-point drop in average FICO scores from March to April, is confined to borrowers refinancing existing loans
by Matt Carter May 26
Demand for purchase loans up for second time in May
Requests to refinance dip as interest rates inch up again
by Matt Carter May 26
A national home value downturn isn't in our future. Here's why
Opinion
Windermere Chief Economist Matthew Gardner dives deeper into the timeline of events that led to the 2007 crash, comparing then and now. Here's why he speculates there's no real reason to expect a widespread, systematic decline in home prices in the foreseeable future
by Matthew Gardner May 26
The New Normal: What if agent pay was more than just commissions?
Commissions are still king, but more and more agents are looking for alternative revenue streams in the form of stocks and profit sharing
by Jim Dalrymple II May 26
Glenn Kelman shares 14 reasons the market is so 'bizarre' now
The Redfin CEO's latest Twitter thread reveals how far buyers are willing to go to win a home, including offering to name their child after a seller
by Marian McPherson May 25
US home prices soared in Q1 thanks to housing shortage, mortgage rates
Boise, Idaho, experienced the steepest price hikes in the country at 28.2%, according to the Federal Housing Finance Agency House Price Index released Tuesday
After stellar March, new home sales reverse course, dip 6% in April
The decline follows a record month for new home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau
by Lillian Dickerson May 25
Home prices skyrocketed in March, notching biggest gain since 2005
Home prices rose 13.2%, according to the S&P/Case-Shiller US National Home Price Index