Mortgage rates are chasing Treasury yields lower — for now
With a key inflation report due Friday, rates have retreated to levels not seen in 2 weeks after Fed Chair Jerome Powell signals central bank could ease up on 'quantitative tightening'
by Matt Carter Mar 27
Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
36% of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday
by Lillian Dickerson Mar 27
Pacaso is now offering shares in homes for as little as $130K
The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers
by Taylor Anderson Mar 26
The Agency opened 12 new offices in Q1 amid rush of global expansion
The luxury brokerage's first-quarter activity has spanned the US, Canada, Mexico, the Caribbean, Spain, and most recently Edmonton, in Canada's Alberta province, the brokerage announced Tuesday
by Lillian Dickerson Mar 26
Corcoran launches first franchise in Oregon, with emphasis on Portland
Corcoran Prime is owned and led by Becky Jackson, and the franchise boasts approximately 2 dozen agents and staff with services across greater Portland, according to an announcement
by Lillian Dickerson Mar 26
Rent is now more affordable than buying in every major US market
Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000
by Ben Verde Mar 26
US home price growth accelerates in January at fastest pace since '22
The S&P Core Logic Case-Schiller National Home Price Index tallied a 6% annual increase in January, reaching its fastest annual rate in more than a year, according to data released Tuesday
by Lillian Dickerson Mar 26
Let's debunk 7 mainstream media falsehoods, post-NAR settlement
Opinion
Premier Sotheby’s International Realty President and CEO Budge Huskey corrects the record on commissions — and the potential impact of the NAR settlement on buyers, sellers and agents
by Budge Huskey Mar 25
New-home sales fall abruptly in February for first time in 3 months
Sales of newly built homes slipped a modest 0.3% between January and February to a seasonally adjusted annual rate of 662,000, according to data released Monday by the US Census Bureau
by Ben Verde Mar 25
NAR (and now Compass) settled. Y'all had thoughts: The Download
Real estate professionals respond in the aftermath of NAR's big commission lawsuit settlement and Compass' brand new one
by Christy Murdock Mar 22
Existing-home sales rose 9.5% amid winter inventory boost
Existing-home sales decreased 3.3% annually in February, according to the National Association of Realtors. However, sales did improve 9.5% from January — signaling that recovery won't be linear
by Marian McPherson Mar 21
Realtor.com announces the 'Best Day to Sell' for 2024
Stronger buyer demand, higher listing prices and faster list-to-sale timelines have made the week of April 14 'the best time to sell,' according to Realtor.com
by Marian McPherson Mar 21
Lesson Learned: Take care of your money, and it'll take care of you
Find out how SERHANT. agent Marzena Wawrzaszek built her business from the ground up and how her childhood dreams combined to create a life by design
by Christy Murdock Mar 21
Fed preparing to slow the pace of 'quantitative tightening'
In addition to anticipating 3 rate cuts this year, Federal Reserve policymakers are considering whether to taper the pace at which they unwind the central bank's $7T balance sheet
by Matt Carter Mar 20
Landlords pull plug on renter incentives ahead of spring
A new Zillow analysis on Wednesday revealed a slowdown in rental concessions ahead of a busy spring and summer leasing season. Only 32.2% of rentals advertised incentives in February
by Marian McPherson Mar 20
In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat
The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100M through a tax hike on real estate sales
by Taylor Anderson Mar 20