Pending home sales surge in a September surprise
The Pending Home Sales Index, representing the number of homes that went under contract, rose 1.1% between September and August
by Ben Verde Oct 26
Mortgage demand slips again as rates continue relentless rise
Loan applications slip to lowest level since 1995 as mortgage rates climb for the 7th week in a row, according to a weekly survey of lenders by the Mortgage Bankers Association
by Matt Carter Oct 25
New-home sales soar in September — but analysts see sales slowdown
New-home sales skyrocketed in September, soaring to a 20-month high, according to data issued Wednesday by the US Census Bureau and the Department of Housing and Urban Development
by Ben Verde Oct 25
Young homebuyers could lead the recovery. So what do they want?
First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior
by Daniel Houston Oct 25
CoStar posts 50th-straight quarter of revenue growth in Q3 earnings
CoStar Group earned $625M in Q3, clinching its 50th consecutive quarter of revenue gains. The company also highlighted 1,290% annual growth in Homes.com traffic
by Marian McPherson Oct 24
Buffett, Munger foresee 'hollowed out' downtowns as offices empty
Warren Buffett and his partner Charlie Munger see distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. ‘The buildings don’t go away,’ Buffett said
by Taylor Anderson Oct 24
Corcoran expands Houston footprint with new affiliate launch
Corcoran has partnered with the brokerage formerly known as Krueger Real Estate to launch Corcoran Prestige Realty in the Houston area
by Ben Verde Oct 24
Take the Inman Intel Index survey: October 2023
Please take a moment to add your voice to the real estate industry's most ambitious new monthly survey, the Inman Triple-I
by Inman Oct 24
Anywhere tallies another profitable Q3 despite revenue decline
Anywhere Real Estate reported revenue of $1.6B and a profit of $129M for Q3, ending with $151M in cash and cash equivalents
by Ben Verde Oct 24
Renters rejoice! Rental rates fell for 5th straight month in September
Rents for studio, 1-bedroom and 2-bedroom units fell 0.7 percent between August and September, according to Realtor.com
by Ben Verde Oct 23
Pacaso to stuff stockings with 2nd-home shares
On Black Friday and Cyber Monday this year, 2nd-home co-ownership solution Pacaso will offer 0% interest on shares in select homes within its marketplace for the first 3 years of ownership
by Craig C. Rowe Oct 20
Mortgage rates ease after Powell weighs in on impacts of tightening
The Fed chair acknowledged that elevated term premiums — higher rates of return bond investors are demanding to compensate them for risk — could reduce the need for further rate hikes
by Matt Carter Oct 20
Here's how to stop a vacant land scam with a single email
Opinion
Security expert Robert Siciliano teaches you the 5 red flags for this scam and shows you how to put a stop to this type of real estate fraud with a simple and effective email response
by Robert Siciliano Oct 20
Existing-home sales droop as mortgage rates hit 20-year highs
Home sales fell 2% between August and September and retreated 15.4% from a year ago as prices and interest rates climbed
by Ben Verde Oct 19
Buyers continue downward spiral, but new listings may be steadying
Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren't declining as quickly, Redfin reports
by Daniel Houston Oct 19
Broker Spotlight: Victoria Levitam, The Agency Panama
Learn how this broker combines the power of commitment and a relationship-driven approach to create exceptional outcomes for her clients
by Christy Murdock Oct 19