The inventory recovery suffered a setback. Is it just temporary?
The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled
by Daniel Houston Jun 14
This apartment complex wants to lock residents inside all night long
The Array Apartments in Austin, Texas, has announced a 'mandatory' curfew between 10 p.m. and 5 a.m. each night. But legal experts are skeptical such a rule can be enforced
by Jim Dalrymple II Jun 13
Zillow and Opendoor expand partnership to 11 new markets
The former rivals are now jointly providing cash offers to consumers in a total of 16 markets, most of them spread out across the Sunbelt, according to an announcement Thursday
by Jim Dalrymple II Jun 1
Fathom Realty announces slew of new leadership hires
The North Carolina-headquartered real estate firm announced the hiring and promotion of new district directors in 5 key markets
by Ben Verde May 26
Pandemic boomtown homes sell for $80K less than a year ago
The median US home sale price fell 4.1% or $17,603 year over year to $408,031 between April 2022 and April 2023, according to a new report from Redfin
by Ben Verde May 22
Spring market falls short, but low inventory is driving up competition
New listings were down 19% during the 4-week period ending May 7, while pending home sales were down 16%, according to a new report from Redfin
by Ben Verde May 12
The seller's market is roaring back as buyers vie for limited inventory
A 'drought' of new listings is driving up prices, reversing the sluggishness of late 2022, and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow
by Jim Dalrymple II May 10
$3B in volume: World-record holder Ben Caballero sets new one
The Texas agent, who specializes in new construction and routinely tops industry lists, sold more than 6,000 homes last year, setting a new record
by Jim Dalrymple II Apr 27
Home sales are cooling — but the competition is red hot. What gives?
New listings plunged 21.8% from a year ago, marking one of the most significant annual drops since the beginning of the pandemic, according to a new analysis of housing inventory by Redfin
by Ben Verde Apr 7
Will an inventory shortage stymie spring? Look to 1994 for clues
This spring won't be easy for homebuyers and their agents, but history is full of examples in which the supply of homes went down, but sales kept chugging along, according to an Inman analysis
by Jim Dalrymple II Mar 29
'Great Reshuffling' winds down as COVID hotspots and tech hubs cool
Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis
by Jim Dalrymple II Mar 27
58 cities that had million-dollar homes in 2022 don't anymore: Study
The number of US cities where the typical home value was $1M or more has dropped from a high of 522 in July 2022 to 464 as of January 2023. Coastal states have been most severely impacted
by Lillian Dickerson Mar 14
Housing inventory shoots up as homes sit longer on the market
A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time
by Jim Dalrymple II Mar 2
Gary Keller on ChatGPT, iBuyers and companies that 'rent' their tech
Keller headlined his company's Family Reunion conference Sunday, saying that he doesn't think flashy new artificial intelligence tools are on the verge of upending the real estate industry
by Jim Dalrymple II Feb 19
Fueled by new wealth, 'ultra-luxury' real estate tallies big year in 2022
Sales of homes valued at $10M or more in newly emerged or reemerging markets helped propel transactions in that sector beyond pre-pandemic levels in 2022 while falling short of 2021 levels