More agents are fighting for fewer homes: Here's how to rise to the top
The real estate industry is becoming more competitive, with NAR enrolling a record number of agents in 2021 and inventory dipping below 1M. Four brokers share how to survive choppy waters
by Marian McPherson Jan 24
Bidding wars hit the luxury market hard in December: Redfin
Winter weather didn't slow down buyers in December, according to Redfin's latest market report. Although most buyers faced bidding wars, luxury homebuyers bore the brunt of low inventory at the $800K to $1 million mark
by Marian McPherson Jan 19
Fall housing outlook: Cooling prices, tighter inventory, less competition
As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight
by Lillian Dickerson Sep 22
Price cuts, while rare in this market, often lead to greater profit: Zillow
The number of sellers who choose to cut their listing price has dropped by a third over the last year, but a Zillow report found that if the price is dropped at the right time, sellers can net $15K over ask
Cash offer startup Accept.inc raises $90M in funding round
The fintech mortgage lender plans to use the funds to scale the company's platform, double its team and expand into new markets
by Lillian Dickerson Jun 24
The best month of the year to buy a home in 2020 was November
The median monthly mortgage payment in the US hit a low of $1,094 in November 2020, making it the best month out of the year to buy a home, according to a Redfin analysis
by Lillian Dickerson Dec 23
September is no longer the best month to buy a home
Widespread low inventory and skyrocketing demand from cooped-up buyers has led to an unusually competitive fall homebuying season, according to a new realtor.com report
A real estate boom in an unlikely place
The upstate city of Rochester, New York, with a population of just over 200,000, is seeing some intense market competition
Homebuyers see fierce competition across the country
Low mortgage rates and a lack of inventory have created a highly competitive market. In San Jose, one homebuyer had to put 50% down and write a letter to the sellers in order to beat 24 other offers
by Lillian Dickerson Feb 24
Average selling time drops in many major metros, Zillow says
Six years ago, homes took an average 10 months to sell
by Jennifer Riner Jul 28