Rent remains near record highs, but the balance of power is shifting
At $2,052, the median monthly rent remains near its all-time high. But builders are wrapping up construction on thousands of new units, and rents could start falling soon
by Taylor Anderson Sep 12
Chicago property owner amasses $15M in fines for 'rat harborage'
Suburban landowner Suzie B. Wilson has acquired hundreds of largely vacant properties in the city's south and west sides while garnering thousands of tickets worth millions of dollars
by Taylor Anderson Sep 11
Visionary leaders can save NAR
So-called organized real estate appears to be anything but in NAR's convoluted structure, writes Inman founder Brad Inman. No wonder so few successful Realtors are willing to get involved
by Brad Inman Sep 11
Bay Area homesellers cringe, with 1 in 8 losing money at closing table
Some 12.3% of San Francisco homesellers who sold their homes during the 3-month period ending July 31 lost money on the sale
by Ben Verde Sep 6
Compass Sports & Entertainment adds 29 agents to mid-year class
The new class brings the total number of Compass Sports & Entertainment Division agents up to 158, representing 71 different markets. In 2022, they closed more than $7.7B in sales volume
'Insulting at minimum': Realtors strike back as NAR holds the line
Realtors are cancelling memberships, hounding local boards and organizing petition drives days after NAR resisted calls Thursday to censure Bob Goldberg for his handling of misconduct claims
Zillow's Listing Showcase product released to 6 more markets
The enhanced property marketing service from the industry’s most popular portal is offered under the company’s ShowingTime+ division, limited to select agents in each market, the company said
by Craig C. Rowe Sep 1
'It must have 16 cabinets': 6 deals that died for wild and silly reasons
Real estate agents recently revealed to Inman the most unexpected reasons they've lost deals — including a fear of snakes, hatred of Glade Plug-ins, bad vibes and, apparently, off-kilter feng shui
by Jim Dalrymple II Sep 1
NAR throws support behind Bob Goldberg in face of growing unrest
Support for the embattled CEO, who many expected to announce his early exit as a result of a fast-moving harassment scandal, came late Thursday with a statement from President Tracy Kasper
by Marian McPherson Sep 1
Trump inflated property values by as much as $2B, New York AG says
Former President Donald Trump is accused of inflating his net worth by up to $2.2B, New York Attorney General Letitia James revealed in court documents released to the public on Wednesday
by Ben Verde Aug 31
US home prices near 2022 high as prices rise for fifth-straight month
US home prices rose to within 0.02% of an all-time high tallied in June 2022 as cities nationwide posted a fifth month of increases, according to data released Tuesday by CoreLogic and the FHFA
by Ben Verde Aug 29
Interest rates stay anchored after Fed chair's hawkish speech
After an initial swoon, bond markets take Federal Reserve Chairman Jerome Powell's tough talk on inflation in stride, but housing sector remains vulnerable to further rate hikes
by Matt Carter Aug 25
Single-family rent growth slows for the 14th straight month
A new report from CoreLogic is the latest to confirm that rent growth is falling back toward historical levels as the market moves on from unprecedented growth during COVID-19
by Taylor Anderson Aug 25
Compass picks up 2 top agents in Chicago from @properties
Anne Hodge and Debra Dobbs are joining Compass in the Windy City. The agents together bring more than 60 years of experience in Chicago real estate, according to the company
by Ben Verde Aug 25
Share of homebuyers looking to move cities hits new high
Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests
by Daniel Houston Aug 23