EXp World Holdings reports first profitable quarter since NASDAQ listing
The company reported $800K in net income for the fourth quarter of 2019 while revenue grew 82%
by Patrick Kearns Mar 12
Rental returns decreased in 59% of counties over the last year
The average annual gross rental yield thus far for 2020 is also down to 8.4% from an average yield of 8.6% in 2019
by Lillian Dickerson Mar 11
Coronavirus-fueled stock slump is hitting Realogy hard
The industry giant has seen its stock price and market cap more than halved in the past 2 weeks
by Patrick Kearns Mar 11
It's more affordable to own than rent almost anywhere in the US
Homesnap found that American homeowners will spend an average of 25.1% of their monthly income on their housing while renters will spend 37.9%
Economists say consumers should lock in low mortgage rates now
Mortgage rates reached the lowest point in 50 years last week, and one economist predicted they could plummet even more this week
by Patrick Kearns Mar 10
Could all-time-low mortgage rates drop even further this week?
The S&P 500 Index's 7% drop triggered a 15-minute halt in trading Monday morning. That investor unease could lead to even lower mortgage rates
by Patrick Kearns Mar 9
SXSW canceled over coronavirus concerns
The gathering is one of the largest events for the tech industry and this year was going to have a panel specifically on real estate
by Jim Dalrymple II Mar 6
When millennial homebuyers move out of Seattle, where do they go?
When searching for a home, millennials are now looking beyond Seattle's city limits. From affordability to proximity, here are the main factors driving their decisions — and the ways they're changing the landscape of those suburban neighborhoods
by Christy Murdock Mar 6
Inman News quiz, March 6: Think you're on top of the week's stories?
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
by Inman Mar 6
'Black swan of 2020': Venture firm behind Trulia, Airbnb sounds alarm
Sequoia Capital believes the coronavirus could lead to reduced business activity, supply chain disruption and other long-lasting problems
by Jim Dalrymple II Mar 5
NAR cancels conferences as coronavirus chaos continues
The trade organization will no longer hold events this month in San Diego and Los Angeles. The cancellations come as the death toll rises and as financial markets continue to sputter
by Jim Dalrymple II Mar 5
30-year mortgage rates hit lowest point in 50-year history
The average 30-year mortgage hit an all-time low of 3.29% this week, according to data from Freddie Mac
by Patrick Kearns Mar 5
Breaking down the housing proposals of Biden and Sanders
The race for the Democratic presidential nomination effectively narrowed to a two-man race Tuesday. But Joe Biden and Bernie Sanders have very different ideas about housing
by Jim Dalrymple II Mar 4
Redfin launches video home tours amid coronavirus worries
CEO Glenn Kelman published a blog post detailing what Redfin is doing to serve worried buyers and sellers in COVID-19 impacted areas
by Marian McPherson Mar 4
How agents are handling (and calming) clients' coronavirus fears
Three agents in Washington, Texas and Canada share how they're quelling fears about a possible COVID-19 pandemic by relying on facts and statistics
by Marian McPherson Mar 3
Could coronavirus outbreak delay Airbnb's initial public offering?
Bloomberg reported that Airbnb considered beginning the IPO process as early as March. Will uncertainty on Wall Street hold back the short-term rental giant from going public?
by Patrick Kearns Mar 3