High-end condos, co-ops bright spots for Manhattan in May
The Hamptons luxury market also performed well across both single-family homes and condos, according to Douglas Elliman's new signed contracts report
Hometown Lenders' national expansion collided with rising rates
In bankruptcy court, the Huntsville, Alabama-based mortgage lender says it plans to repay creditors by claiming more than $20M in tax credits, clawing back $1M from warehouse lenders
by Matt Carter Jun 5
Mortgage rates retreat as wave of data suggests economy is cooling
In less than a week, a series of reports has changed the outlook for the timing and magnitude of future Fed rate cuts, sending mortgage rates into a 5-day tailspin back below 7%
by Matt Carter Jun 5
Opendoor rolls out mobile truck with instant offers in Nashville
'The Offer Mobile' is driving around neighborhoods in Nashville, Tennessee, to literally bring Opendoor's instant offers to consumers' front doors
Developers sit on empty lots as higher rates delay projects
After a generationally high apartment construction boom, some developers are now finding that the economics no longer make sense on in-progress projects
by Ben Verde Jun 4
Median price per square foot is up 52.7% since 2019: Realtor.com
Home values have boomed over the past 5 years, with New York, Boston and Nashville experiencing double-digit gains in the median price per square foot
by Marian McPherson Jun 4
Which is better: high volume or high profitability? How about both?
While awards and honors are geared toward high volume, it's high profitability that offers the rewards you're really looking for, coach Verl Workman writes
by Verl Workman Jun 4
Where are the buyers? Introducing Intel's Client Pipeline Tracker
Buyer pipelines have been shrinking, agents told Inman in the latest Intel Index poll. A new metric unveiled today by Intel sheds light on the trend and aims to answer when it might turn around
by Daniel Houston Jun 3
This Pride Month, show up for LGBTQ+ friends and colleagues
Opinion
Anita Legacy Blue, president of the 2024 LGBTQ+ Real Estate Alliance, writes that Pride Month presents an opportunity for the community and allies to support each other
by Anita Blue Jun 3
A woman on her computer with a huge magnet in the picture to denote how to stop real estate websites from stealing your clients.
Coach and real estate expert Bernice Ross shares her best advice on how to turn yourself into a lead magnet this summer
by Bernice Ross Jun 3
Rates ease as inflation gauge moves in the right direction
Mortgage rates have some room to come back down in June after PCE price index shows annual inflation easing to 2.65% in April, and Q1 2024 GDP growth revised downward to 1.3%
by Matt Carter May 31
Want a life of luxury? The 10 cities where it's a relative bargain
Some luxury markets, especially in dense, pricey coastal cities, have seen little price growth since the pandemic because residents fled those places once they had the option to work remotely
by Lillian Dickerson May 31
Sellers are cutting prices at record pace to combat softening demand
Sluggish homebuyer activity has pushed sellers to slash prices at a rate unseen since November 2022, according to Redfin. The median asking price fell for the first time in 6 months to $416K
by Marian McPherson May 30
Asian & Pacific American Heritage Month is over, but the impact isn't
AREAA President Jamie Tian offers insight into the organization's efforts to fight barriers to homeownership and affordability
by Jamie Tian May 30
Pending home sales fell in April but expected rate cuts offer some hope
Contract signings fell 7.7% between March and April to a score of 72.3 on the Pending Home Sales Index last month, according to data released Thursday by the National Association of Realtors
by Ben Verde May 30
More delistings show buyers may have reached their limit on price
Sky-high numbers of delistings and price corrections may mean that buyers have finally had their fill of homes that are priced too high, according to Mike DelPrete
by Mike DelPrete May 30