Stocks plunge in worst day since 1987 and second worst in US history
The Dow Jones dropped 13% Monday, wiping out all gains made under President Trump
by Patrick Kearns Mar 16
Read Gary Keller's advice to agents on navigating market uncertainty
Keller Williams CEO and co-founder Gary Keller, a veteran of 4 decades in the real estate industry, declares we're officially in a 'market shift.' Read his 4-point plan for staying afloat
by Patrick Kearns Mar 16
Fed cuts interest rate to nearly zero. What does it mean for real estate?
Realtor.com Chief Economist Danielle Hale believes mortgage rates could go lower this week, but rates and affordability won't be the only thing impacting the housing market
by Patrick Kearns Mar 16
Charles Barkley to sell Olympic medal and trophies to fund affordable housing
Barkley, who was inducted into the NBA Hall of Fame after a 16-year career playing forwards for various teams, wants to build affordable housing in his Alabama hometown
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%