US housing turnover rate hits 30-year low as lock-in effect lingers
In the first 8 months of 2024, only 25 out of every 1,000 US homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday
by Richelle Hammiel Sep 30
Second-home mortgages decline amid economic uncertainty
In August, mortgage rate locks for second homes fell 13.1% year-over-year to the lowest level since March 2016 on a seasonally adjusted basis
by Richelle Hammiel Sep 13
Want a life of luxury? The 10 cities where it's a relative bargain
Some luxury markets, especially in dense, pricey coastal cities, have seen little price growth since the pandemic because residents fled those places once they had the option to work remotely
by Lillian Dickerson May 31
High-income renters are top prize as ownership hurdles pile up: Poll
Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman
by Chris LeBarton Dec 13
Age of Aquarius is here as astrology boom hits the real estate industry
As younger homebuyers revive an age-old fascination with astrology in the aftermath of the pandemic, agents, designers and astrologers told Inman the stars are aligned for a resurgence
by Lillian Dickerson Sep 22
8% of buyers got down payment help from family this year: Survey
A new survey of 1,700 real estate agents this spring found that homebuyers in the Northeast and in Southern California were the most likely to get financial help from their family
by Jim Dalrymple II Jul 3
Home prices ticked up in April as market faced a mixed bag
One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat
by Jim Dalrymple II Jun 27
Will migration fizzle out in 2023? History points to existential shift
The migration trends that drove housing demand during the pandemic are ending. But that doesn't mean people aren't moving, according to an Inman analysis of historic data
by Jim Dalrymple II Mar 31
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
We asked a bot to write about real estate in 2022. This is the result
We asked the buzzy new AI tool ChatGPT to write a report for Inman on iBuyers, technology and tips for agents going into the new year. Turns out, the bot might have a bright future in real estate
by Jim Dalrymple II Dec 23
When mansion prices touch the sky, what does an extra $100M mean?
Hubris and a lack of comparables at the highest echelons frequently collide for inexplicable price differences from 1 estate to the next. But as with all real estate, location and size still matter
by Lillian Dickerson May 20
Ukraine student ends journey with friendship forged in Dallas luxury
When he came to the US, Ukraine native Denys Zaitsev couldn't have anticipated the bond he'd build with Engel & Völkers broker Roxann Taylor — nor the community he'd embrace in Texas
Family, staff and hours: 7 sacrifices agents are making amid tough times
As they consider the uncertain future ahead, here's what real estate agents are giving up in their professional and personal lives
Foreclosures hit post-pandemic high during first quarter of 2022
U.S. foreclosure activity hit a new high not seen since the start of the COVID-19 pandemic, as foreclosures continue to rebound following the lapse of federal moratoriums, according to data from Attom
by Lillian Dickerson Apr 21
A 'she-cession' update 1 year later: Where are these women now?
Inman recently reconnected with women in real estate we spoke with one year ago to see where things stand for them today in terms of work-life balance, in the wake of one of the most upending periods in their lifetimes
by Lillian Dickerson Mar 23