Hawaii legislator floats bill banning foreign buyers from island
Hawaii State Senator Brenton Awa has presented a bill aimed at banning foreign buyers from purchasing or investing in property on the island. The bill goes up for a vote on Feb. 13
by Marian McPherson Feb 7
How to approach and tailor your business plan to today's market
Watch the latest Inman Access class to hear what industry experts are prioritizing in 2024 and how the current market will impact or change the way they are approaching their business plans
by Claire Buzzanca Feb 7
Homebuyer purchase loan demand falls again as mortgage rates firm
After picking up during the first 3 weeks of January, MBA lender surveys show applications for purchase loans are contracting, with mortgage rates no longer in free fall from 2023 highs
by Matt Carter Feb 7
Housing sentiment improves on hopes for lower mortgage rates
Consumer sentiment toward housing increased to the highest level in nearly 2 years in January, with a record number expecting mortgage rates to come down in the year ahead: Fannie Mae
by Matt Carter Feb 7
Prank? Protest? Graffitied LA high-rise sparks housing crisis debate
A group of graffiti artists tagged Oceanside Plaza, an unfinished luxury high-rise near the site of the 2024 Grammy Awards. Two of the 12 artists were arrested and charged with trespassing
by Marian McPherson Feb 7
70 public housing employees charged with bribery in New York
The charges amount to the largest number of federal bribery charges ever filed on a single day, according to the Department of Justice
by Ben Verde Feb 6
How love and politics are impacting homebuyers' decisions
Although affordability is still the No. 1 factor in most homebuyers' moves, 2 surveys from Zillow and Redfin reveal politics and romance also play a role
by Marian McPherson Feb 6
Federal judges side with plaintiffs in Chinese buyer ban hearing
2 of the 4 plaintiffs who filed a lawsuit in November against Florida's foreign buyer ban have been awarded a temporary injunction that allows them to resume stalled transactions
by Marian McPherson Feb 6
Sluggish net new listings signal that the lock-in effect is not over
Home valuation platform HouseCanary's January housing report revealed persistent skittishness among homesellers, as net new listings tumbled 17.5% from January 2023
by Marian McPherson Feb 5
Investment sales dropped 45% in Manhattan last year
Investor sales in Manhattan had their worst year in the past decade during 2023, if 2020 is excluded, according to a report from Ariel Property Advisors
by Ben Verde Feb 5
A recovery in new listings is easy to miss — but it may be underway
Winter is always slow, but new listings have been trending toward normal levels in recent months, according to a new Intel analysis of US homes for sale. Lower rates may only speed up the process
by Daniel Houston Feb 5
Blowout January jobs report has mortgage rates surging again
Employers added 353,000 workers to their payrolls in January, a 'head scratching' jobs report from the Labor Department that kills prospects for a March rate cut 'stone dead,' economist says
by Matt Carter Feb 2
Rate drop leads to 3rd consecutive month of listing gains
Active and new listings experienced single-digit increases for the 3rd consecutive month in January, according to Realtor.com's latest market report
by Marian McPherson Feb 2
Luxury prices and cash buyers hit a new high to close out 2023
Strategic migration, low inventory and a demand for larger spaces have also contributed to rising luxury prices, agents told Inman, depending on the specific market
Let TikTok's favorite debt expert help skyrocket your credit score
Trainer Bernice Ross talks to popular TikTok credit expert Alisa Glutz to find out how you and your clients can optimize the potential of a credit profile for lower interest rates and better scores
by Bernice Ross Feb 2
Keller Williams settles Sitzer, Moehrl commission suits for $70M
Under the proposed deal, Keller Williams must inform franchisees that offers of compensation are not required. It also agreed to revise training materials and end rules requiring agents to join NAR