Recovering economy is driving housing market's potential: Study
'Potential existing-home sales' rose to an adjusted annual rate of 6.31 million in April, up 1.3% from March, according to First American Financial's Potential Home Sales Model
by Matt Carter May 20
Knowing new construction gives you a competitive edge — here's why
Opinion
The inventory shortage isn’t going to last forever. In the meantime, studying the economy, real estate market statistics and particularly the new home construction process will make you a fierce competitor in today’s market and the future
by Adam Hergenrother May 20
Dozens of economists don't see any bursting bubbles on the horizon
A new survey of 42 economists showed that home prices, housing starts, apartment vacancies and other factors should remain healthy for the next several years
by Jim Dalrymple II May 19
Inflation, rate increases pose risks to housing market, Fannie Mae says
In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June
by Matt Carter May 19
Builder confidence still high amid soaring lumber costs
Nationwide builder sentiment clocked in with an index score of 83 in May, according to the National Association of Home Builders/Wells Fargo Housing Market Index
Is the inventory dam about to burst?
Opinion
Given the soaring costs we’re seeing in almost every aspect of our lives, the end of forbearance programs and rent moratoriums, coupled with the age of boomers who own 42% of the inventory, the inventory dam has definitely started leaking
by Bernice Ross May 19
Opendoor expands to 3 new markets across West, Midwest
Opendoor has launched homeselling operations in Kansas City, Colorado Springs and Northern Colorado. The iBuyer is 9 markets away from its 2021 goal
by Marian McPherson May 18
Rising construction costs curbed homebuilders' pace in April
The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April
by Marian McPherson May 18
Share of mortgages in forbearance continues to dwindle
But an estimated 2.1 million homeowners are still taking a break from mortgage payments
by Matt Carter May 17
Demand for mortgages sagged in April even as rates remain near historic lows
Drop in purchase loan originations may be another sign the market is topping off
by Matt Carter May 17
Nearly 75% of offers written by Redfin agents entered bidding wars in April
Low mortgage rates and a historic inventory shortage is leading to an ultra-competitive market in most American cities
Airbnb faces Q1 loss of $1B
Despite continuing to suffer losses in the wake of the pandemic, Airbnb's CEO Brian Chesky expressed optimism about an upcoming summer full of pent-up travel demand.
by Lillian Dickerson May 14
Manchin to Realtors: Bipartisanship is built on personal relationships
US Sen. Joe Manchin, a Democrat, and Shelley Moore Capito, a Republican, discussed making deals across the aisle at the National Association of Realtors' midyear conference
by Andrea V. Brambila May 14
The catch-22 behind the path to profitability for Compass
Leading industry analysts shared with Inman their evaluations of Compass's earnings and how the path to profitability could impact agents
by Marian McPherson May 14
NAR: Housing market is 'topping out' due to inventory shortage
Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up
by Andrea V. Brambila May 13
Fathom Realty sees jump in revenue, agent count and transactions in Q1
The company, which went public last year, pulled in $49.6 million between January and March — a 72 percent increase year over year
by Jim Dalrymple II May 13