Real Estate Markets & Economy
Alabama Association of Realtors CEO Jeremy Walker said the association was in favor of buyer-broker agreements in general, but felt requiring one for a home tour put buyers under duress
As buyers cautiously reentered the market, existing-home sales rose 4.2% from January to 4.26M, according to data released Thursday by NAR. Compared to last year, sales remained down by 1.2%
Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they're more worried about inflation than they were in December
Los Angeles Mayor Karen Bass seems to be warming up to the idea of pausing the controversial ULA Tax as the city recovers from destructive wildfires, but it is unclear how she could do it
Privately owned housing starts rose 11.2% but still fell behind February 2024 activity, according to data released Tuesday. Single-family home construction rose 11.4% to 1.1M on a monthly basis
There were 11 contract signings at $10M-plus last week, and the city's priciest closing was on a downtown condo that sold in an off-market deal for $60M
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
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
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
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'
Soaring property tax and homeowners' insurance costs have made homeownership less affordable than any time since the 1980s, Bernice Ross writes
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
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
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
Thoughtfully designed common spaces in multifamily communities, Michael Zaransky writes, strengthen resident engagement, deepen the sense of belonging and enhance retention
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
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