Coronavirus could bring consolidation, layoffs to proptech
Venture capitalists have poured billions into real estate technology over the last decade. But as the coronavirus hammers the economy, that funding may begin to dry up
by Jim Dalrymple II Mar 13
'Sanitizer and power of attorney': How luxury is bracing for the virus
In the most extreme example, some clients with private jets have begun asking about buying homes on islands and in other isolated areas that they can flee to in case of disaster
Inman News quiz, March 13: 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 13
California Realtors expect coronavirus to lower housing market forecast
Agents are mixed on whether and how COVID-19 will impact their business
by Andrea V. Brambila Mar 12
mortgage applications
Despite the slight rise in rates, homebuyer demand remains strong, according to Redfin Chief Economist Darryl Fairweather
by Patrick Kearns Mar 12
This weekend will be 'bellwether' for open houses in the spring
Agents Inman spoke to haven't yet seen clients abandoning things like open houses. But handshakes may be going out of style, and some believe the worst is yet to come
by Jim Dalrymple II Mar 12
The vice chairwoman who starts the day by throwing hay to the horses
Ruth Kennedy Sudduth of Landvest Boston rises early on the farm and ends her day at an alumni meeting at Harvard Business School
by Inman Mar 12
homeseller profits
'With unprecedented low rates and constrained supply, the housing market should continue to do well,' said Frank Martell, president and CEO of CoreLogic
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