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
Home showings dip in December, but slowdown may be easing
Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels
by Jim Dalrymple II Feb 1
Remote work will eventually make homebuying more affordable: Study
While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future
by Ben Verde Jan 4
Broker Spotlight: Noa Levy, The Agency Austin
Today, the spotlight shines on Austin, Texas, managing broker Noa Levy of The Agency, who brings a global perspective to her professional and personal commitments
by Christy Murdock Dec 22
Homes for sale were pulled from the market at record pace in November
In the biggest decline in active listings since at least 2015, an average of 2% of all US homes for sale were delisted during a 12-week period ending Nov. 20, according to data Friday by Redfin
by Ben Verde Dec 2
Redfin economist: 'We're going to have pain' while high inflation lasts
Daryl Fairweather also said during her Yahoo Finance appearance that 'demand is very weak' as both homebuyers and sellers take a breather from the housing market
by Jim Dalrymple II Nov 30
Phoenix, Arizona
Median home price growth has slowed the fastest in Austin, Phoenix and San Jose, with fellow pandemic boomtowns Las Vegas and Boise also seeing significant slowdowns
by Ben Verde Nov 28
5 housing proposals on midterm ballots — and how they shook out
In dozens of communities across the U.S., affordable housing was on the ballot in the midterms. Here's how some of the biggest proposals did as results were still being tallied
by Daniel Houston Nov 14
Opendoor lost nearly $1B in Q3 in 'once-in-40-years market transition'
In total, Opendoor suffered a net loss of $928M between July and September, according to an earnings report Thursday. That's up from a loss of just $57M during the third quarter of 2021
by Jim Dalrymple II Nov 3
The other real estate company named Rex just laid off 4% of its staff
The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector
by Jim Dalrymple II Oct 5
Is the 'Great Reshuffling' about to go in reverse? Not yet, these agents say
The coronavirus pandemic allowed multitudes of people to move away from big coastal cities. A group of luxury real estate leaders at Inman Luxury Connect weighed in on how that trend is progressing
by Jim Dalrymple II Aug 2
Homebuyers 'win with cash' as Homeward launches on West Coast
The company, which provides cash backing to homebuyers, will now operate in both Oregon and Washington, bringing the total number of states in which Homeward operates to 7
by Jim Dalrymple II Jun 28
The Agency launches 37th franchise in Austin, 1st for the Lone Star State
Austin, Texas was a 'clear choice for The Agency’s next franchise office location,' The Agency CEO and Founder Mauricio Umansky said in a statement
The shifting market will slow prices down — but won't stop them cold
The market is reaching a turning point in which price reductions are more common. But that doesn't mean homes can't still appreciate in value
by Jim Dalrymple II Jun 7
Home showings see unusual drop in April. Is it a blip or something else?
Showings were down nationwide in April, which is strange because April is typically when the housing market hits a high point, ShowingTime President Michael Lane said in a new report
by Jim Dalrymple II Jun 1