3 ways to set buyer expectations during this sizzling-hot spring
By setting expectations early, agents can put their clients in a better position and educate them on the often frustrating marketplace so they can make quick, sound decisions
by Anthony West Apr 6
4 ways to get a leg up on the competition in the multifamily space
The multifamily space is continuing to evolve, and investors must do the same. In such an environment, it pays to be aggressive when an opportunity emerges — but only while doing the requisite homework within your area of expertise
by Michael Zaransky Apr 6
Hopes of housing shortage relief are dashed as new listings drop
New listing volumes have failed to make up for the shortfall of 2020 and were down 16% and 21% year over year in January and February, according to a new report from Black Knight
by Kelsey Ramírez Apr 5
From out of nowhere: 5 new(ish) cities to keep your eye on this year
Starbase, the Texas town Elon Musk announced he was planning to incorporate as part of Brownsville and South Padre, is 1 example of a community conceived seemingly overnight
Manhattan real estate sales hit 14-year high
New York real estate market picks up after COVID-related slump
by Kelsey Ramírez Apr 2
The real estate industry added 10,000 jobs in March
The industry saw a healthy increase in jobs in March, following a tougher month of 4,500 job losses. The US as a whole also saw its greatest number of job gains since August
Median home-sale price reaches all-time high of $335,613
Although the market is currently red-hot, Redfin's latest report released on Friday revealed that homebuyers may give up as home prices continue to grow
by Marian McPherson Apr 2
Mortgage rates unfazed by Biden infrastructure plan
Upward pressure on rates still expected in the long term
by Matt Carter Apr 1
Realtors praise Biden infrastructure plan's focus on housing shortage
The American Jobs Plan proposes building and retrofitting more than 2M homes and commercial buildings
New jobless claims see unexpected rise, surpassing pre-COVID record
Initial jobless claims for the week ending March 27 rose to 719,000, a number that surpassed the pre-coronavirus record, just one week after filings hit a pandemic low
Homes have literally never been more expensive
The median listing price for US homes hit $370,000 in March, according to a new report. That's higher than it has ever been in the past
by Jim Dalrymple II Apr 1
Rising rates take toll on mortgage demand
Applications for refinancings and purchase loans are both down from a week ago
by Matt Carter Mar 31
Pending-home sales fall 10.6%
Pending-home sales also declined on an annual basis for the first time in 8 consecutive months, according to the National Association of Realtors
by Lillian Dickerson Mar 31
A house in Washington, DC, nabbed 88 offers — 76 of them all-cash
At least 15 of the offers on the suburban fixer upper were made sight unseen. The situation highlights the brutally competitive housing market buyers are facing across the U.S.
by Jim Dalrymple II Mar 30
Home price growth continues steep upward trajectory: Case-Shiller
Home prices rose by 11.2%, according to the latest S&P/Case-Shiller US National Home Price Index
Beyond the headlines: What to expect with rising mortgage rates
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and predicts how the market will fare
by Matthew Gardner Mar 30