Waters, Warren sound alarm on HUD cost-cutting plan
Representative Maxine Waters (D-CA) and Senator Elizabeth Warren (D-MA) sent HUD Secretary Scott Turner a letter demanding that he halt plans to cut staff at the Office of Fair Housing and Equal Opportunity
by Marian McPherson Mar 17
Arizona marks 1st move beyond East Coast for SERHANT.
The new market is launching with over 50 agents who represent more than $500M in sales volume over the past 12 months and who will offer more than 100 listings to start
by Lillian Dickerson Mar 17
Berkshire Hathaway HomeServices CEO denies Compass negotiations
HomeServices of America CEO Gino Blefari said Thursday night his company isn't in acquisition talks with Compass. Since then, the brokerage franchise network and Compass have been silent
Inflation, job worries drive 'horrific' consumer confidence report
Republicans are less worried about the future than Democrats and Independents, but 'consumers from all 3 political affiliations are in agreement that the outlook has weakened since February'
by Matt Carter Mar 14
The homeowner affordability crisis is about to explode due to 'TI'
Soaring property tax and homeowners' insurance costs have made homeownership less affordable than any time since the 1980s, Bernice Ross writes
by Bernice Ross Mar 14
Brokerages that oppose CCP don't want transparency: Medford
Opinion
We need a fully transparent system that favors the consumer, not the broker, team leader Carl Medford writes, so that buyers and sellers can feel confident when transacting real estate
by Carl Medford Mar 13
Encouraging CPI inflation report does little for mortgage rates
Homebuyers have responded to a pullback in mortgage rates from January highs, but tariffs on imported goods could keep inflation elevated and halt the downward trend in rates
by Matt Carter Mar 12
Music City agents sing new tune as Nashville's rapid growth fuels deals
The pandemic unleashed a growth spurt in Tennessee, with Nashville at the center. Agents and a developer behind Nashville's tallest building illuminated the market at Inman on Tour this week
by Marian McPherson Mar 12
Reimagine common space, foster community in multifamily design
Thoughtfully designed common spaces in multifamily communities, Michael Zaransky writes, strengthen resident engagement, deepen the sense of belonging and enhance retention
by Michael Zaransky Mar 12
LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
While mortgage originations were up 34% from a year ago, to $7.2B, shares dip below 12-month low after company executives said they don't expect Q1 2025 lending to surpass $5.5B
by Matt Carter Mar 11
Douglas Elliman wraps 2024 with hefty $76M net loss for year
The company squeaked out of 2024 with improved quarterly losses, even though net losses for the year were significant. CEO Michael Liebowitz expressed optimism for the firm's future
by Lillian Dickerson Mar 11
Renting becomes sign of wealth as many opt against homebuying
Cities in California, North Carolina, Florida and New York have seen a surge in wealthy renters compared to pandemic numbers
by Richelle Hammiel Mar 11
The top 1% could buy nearly all homes in the US with their wealth
The value of America's nearly 100 million homes hit $49.7T at the end of 2024, as the combined net worth of the wealthiest 1% of Americans hit a record $49.2T, according to a Redfin analysis
by Lillian Dickerson Mar 11
How this broker embraces personal and professional evolution
Broker Pam Blair says that recognizing when your brand needs to change is the key to keeping your business going during challenging markets
by Pam Blair Mar 11
The US is short 3.8M homes — Realtor.com wants to fix that
Despite builders’ best efforts, America’s 3.8M housing gap won’t be closed until 2032, according to a new analysis. Realtor.com is aiming to expedite that timeline with a new zoning campaign
by Marian McPherson Mar 10
What will Stone Point do with its investment in Keller Williams?
Private equity firm Stone Point Capital is seeking to grow Keller Williams and ultimately cash out, analysts told Inman. That expansion could come from new tech, an IPO, or something else entirely