Realtor.com CEO pleads with US leaders to save homeownership
Realtor.com CEO Damian Eales wrote an open-letter urging local, state and federal legislators who win today's elections to tackle housing affordability with 'pragmatic' solutions
by Marian McPherson Nov 5
real estate economist
Windermere’s Principal Economist Jeff Tucker looks at how recent events have impacted the October jobs report and what it means for the economy
by Jeff Tucker Nov 5
The 2024 ballot measures that stand to impact homeowners
Across 10 states, ballot measures ask voters to weigh in on changes to property taxes, veterans benefits and more. One even considers whether or not to abolish property taxes altogether
Housing affordability a main issue for early voters: Redfin
Among early voters, 38% said housing affordability influenced their presidential vote. Harris voters (43%) were more likely to care about housing than Trump voters (29%), Redfin said
by Marian McPherson Nov 4
CoStar moves one step closer to securing Arlington HQ
CoStar Group inked a deal with a longtime tenant of its new Arlington HQ. The tenant agreed to downsize to two floors, giving CoStar enough space for the 500 employees moving to the new HQ
by Marian McPherson Nov 4
First-time homebuyers fell further behind this year, NAR says
The share of recently bought homes that went to first-time homebuyers fell to less than 1 in 4 between July 2023 and June 2024, according to a new report
by Taylor Anderson Nov 4
Loose election talk is creating anxiety for agents and clients alike
With the 2024 presidential race among the tightest in memory, hundreds of agents and brokers told Inman the real estate industry is encountering prickly situations amid a contentious election
by Daniel Houston Nov 4
The economy is humming along — leaving real estate in the dust: Intel
Brokerages have been plagued by falling sales and tapering price growth, rendering broker fees stagnant at a time when most sectors are enjoying robust gains, according to a new Intel analysis
by Daniel Houston Nov 4
The power of perseverance: Rebuilding strength amid crisis
Harness the power of perseverance to move forward and support our communities as they rebuild from recent natural disasters, coach Darryl Davis writes
by Darryl Davis Nov 2
Weak jobs, manufacturing reports provide no relief for mortgage rates
Hurricanes and strikes were expected to dent job creation, and bond market investors are looking ahead to next week's election, Fed meeting and government bond auctions, analysts say
by Matt Carter Nov 1
Falling rates help boost Fannie and Freddie loan volumes, net worths
Mortgage giants Fannie Mae and Freddie Mac provided backing for $164B in purchase mortgages in Q3, up 10% from Q2, while remaining profitable and growing their combined net worths to $147B
by Matt Carter Nov 1
RE/MAX revenue declined 3.4%, US agents continue to depart in Q3
A new quarter saw continuing trends for RE/MAX Holdings in decreasing revenue and US agent count, but the franchisor also vastly improved its net income year over year
by Lillian Dickerson Oct 31
Inflation cooled in September, nearing the Fed's 2% target
Mortgage rates inch up as an expected decline in key inflation gauge does little to change expectations for Fed rate cuts among investors who fund most home loans
by Matt Carter Oct 31
Share of renters paying under $1,000 hits record low, Redfin says
Only 32.1% of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2% in 2022 and 50.4% in 2012, according to an analysis from Redfin released Wednesday
by Richelle Hammiel Oct 31
Broker Spotlight: Josep Turro, Chi Wei Chin of The Agency Barcelona
Find out how these world travelers bring their shared global perspective to serving a worldwide network of clients and welcoming them home to Spain
by Christy Murdock Oct 31
Latest jobs, GDP reports point to November Federal Reserve rate cut
Relief would be good news for would-be homebuyers, although purchase loan applications are still up 10% from a year ago as mortgage rates hit highest levels since July, MBA survey shows
by Matt Carter Oct 30