Buying vs. renting: The income gap is widening, Redfin says
The typical American now needs to earn over $116,600 annually to afford a median-priced home in the US, compared to just $64,160 needed to afford an average apartment, according to Redfin
by Richelle Hammiel Apr 10
Want to get more for your sellers? List in late May
Despite a slow start to the year, Zillow's latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600
by Marian McPherson Mar 6
Typical days on market reaches slowest pace in 5 years: Redfin
Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month — the slowest pace since 2020
by Marian McPherson Jan 30
Brooklyn woman charged in $16K rental fraud scheme
Victims, several of whom were Ukrainian refugees, paid security deposits and rent only to find the doors locked when they arrived at the complex
by Richelle Hammiel Dec 17
Is office conversion a viable model for multifamily housing growth?
Despite the need for more affordable housing, writes multifamily expert Michael Zaransky, office conversions rarely solve the problem more effectively and cheaply than building new
by Michael Zaransky Nov 26
Meet the stubborn homeseller dead set on making his FSBO work
Robert Kramer listed his home for sale without using an agent 3 years ago. The price is $200,000 above some estimates. He raises it $3,600 every month and is still waiting for the right buyer
by Taylor Anderson Oct 23
Beverly Hills-based The Agency tips hat to latest Dallas recruits
Led by Megan and Damon Williamson, The Agency's rapidly growing Dallas office most recently onboarded lux agents Courtney Michalek of Compass and Andrea Childress of Monument Realty
by Lillian Dickerson Oct 18
Average buyer's agent commission has fallen since NAR settlement
Redfin's latest report revealed the average buyer's agent's commission percentage has declined in 47 of the 50 largest markets since NAR's March settlement
by Marian McPherson Aug 2
Housing inventory growth doesn't guarantee greater affordability
In June, 5 of the top US markets showed improvement in housing affordability and supply, according to First American, while other markets with more inventory still saw rising costs
by Richelle Hammiel Jul 30
Lights! Camera! Action! Egypt Sherrod touches down in Las Vegas
The multi-talented 'Married to Real Estate' star teased the fourth season of her wildly popular HGTV reality show ahead of her appearance TODAY at Inman Luxury Connect in Las Vegas
by Lillian Dickerson Jul 29
Zillow, Redfin: Northeast and Midwest rental prices surging
Some Northeast and Midwestern markets saw double-digit increases in median asking rent, according to new data released Tuesday
by Richelle Hammiel Jul 11
Fraud allegations against rental owners reach new high
Regulators and prosecutors are cracking down on landlords who've falsified income and expense data on crucial loan documents, according to a new feature published by 'The Wall Street Journal'
by Marian McPherson Jul 8
National rents hit highest level since 2022 despite more inventory
The median United States asking rent rose 0.8% year over year in May to $1,653, the highest it's been since October 2022, according to data from Redfin
by Ben Verde Jun 11
Sun Belt cities see fastest rent deflation amid building boom
Nine of the 10 cities with the steepest drops in rent in April were in the Sun Belt, according to a new report by Redfin
by Ben Verde May 17
Investor purchases increased for the first time in 2 years during Q1
Real estate investors bought roughly 44K homes during the first quarter of 2024, a 0.5% uptick from a year ago
by Ben Verde May 16