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
2024 Spring Outlook: Another tight market, this time with extra anxiety
As the first day of spring arrives, 3 economists shared with Inman why headwinds will continue to plague the housing market in 2024, long after a recovery was expected to revive US home sales
by Marian McPherson Mar 19
Negotiating short sales is a crucial skill for real estate agents
With some areas seeing rising prices and low supply, Clever's Luke Babich writes, many would-be homeowners are looking into unconventional routes to homeownership, including short sales
by Luke Babich Mar 11
Why inland California housing is so exposed to downturn risk: Report
Data provider Attom tracks the 50 US communities most at risk of further housing decline. Half of them are located in 1 of 3 places
by Daniel Houston Mar 6
Warren Buffett: 'You want a bad number' to get good market news
The Berkshire Hathaway CEO said fewer housing starts can lay the foundation for a more balanced market. His company's recent investments in homebuilders show commitment to that principle
by Lillian Dickerson Feb 29
New-home sales show promise with 1.8% annual growth
New-home sales increased 1.8% to a seasonally adjusted annual rate of 661,000. Economists say the report, alongside improved builder sentiment, shows promise for a robust spring
by Marian McPherson Feb 26
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
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
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
Sale-leaseback model is key to saving US homeownership: Study
A white paper published on Tuesday said sale-leaseback programs can save nearly 9M homeowners from permanently losing their homes amid current economic woes
by Marian McPherson Jan 30
Homebuyer purchasing power rises by $40K since October rate surge
A buyer with a monthly budget of $3K can now purchase a home worth approximately $453,000 — up from $416,000 in October when mortgage rates reached a record of 7.8%, according to Redfin
by Marian McPherson Jan 29
Tale of 2 housing markets will linger into 2024, Zonda economist warns
With listings still in short supply, homebuyers are 'dealing with an affordability shock' and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY
by Matt Carter Jan 26
'Super-connectivity' the key to uncovering affordability
At Inman Connect New York's Broker tract, Hilary Farnum-Fasth said agents need to dig deep into their networks to find the right partners to put the buying puzzle together for their clients
by Craig C. Rowe Jan 23
What experts have right (and wrong) about the Silver Tsunami
Know what seniors want? Think again. The housing needs and wants of baby boomers will challenge all previous expectations of retirement living, senior housing expert Rachael Hite writes
by Rachael Hite Jan 19