Rescuing the American Dream through smart tax incentives
Opinion
Industry veteran Alex Perriello says that to fix the affordability problem in America, agents need to get involved, and smart tax incentives need to be offered
by Alex Perriello Aug 15
Home prices grow in 90% of metros as Silicon Valley breaks $2M ceiling
San Jose, California, a major tech hub, tallied single-family existing-home prices exceeding $2M in Q2 for the first time since the National Association of Realtors began tracking home prices in 1979
by Lillian Dickerson Aug 13
E&V's Anthony Hitt says the best thing agents can do now is 'focus'
The Engel & Völkers Americas president and CEO took time to chat with Inman and shared why agents should be concentrating on relationships — not confusion around commission lawsuits
Most Americans weren't expecting the big drop in mortgage rates
Fannie Mae survey shows would-be homebuyers grew even more frustrated with elevated home prices and mortgage rates in July, but 7 in 10 didn't think rates would come down anytime soon
by Matt Carter Aug 7
How much is a typical luxury home? $750K in Buffalo, $5.3M in Cali
For about the last 4 years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported
Affordability: It's not just high mortgage rates and home prices
Rising cost of construction, insurance and property taxes creating obstacles for homebuyers that require help from real estate agents and mortgage lenders: LoanDepot CEO Frank Martell
by Matt Carter Aug 1
How agents can bridge the 'haves and have nots' housing market
Zillow Senior Economist Orphe Divounguy says it will be up to agents to bring sellers with unrealistic expectations about what the market will bear back down to Earth
by Matt Carter Jul 31
Home prices grew in May as mortgage rates, inventory rose
The S&P CoreLogic Case-Shiller Index and FHFA House Price Index showed 'no relief' for homebuyers hoping for falling home prices as mortgage rates remain elevated
by Lillian Dickerson Jul 30
Number of US cities where starter homes cost $1M spiked since 2019
California is home to nearly half of all cities where it costs at least $1M to buy a starter home. Nationwide, 237 cities are now 'million-dollar' cities, according to a new report from Zillow
by Taylor Anderson Jul 25
Swing state housing costs have skyrocketed since 2020 election
Housing affordability will remain an issue at the forefront of the upcoming presidential election, where swing states will determine the next president and the future of housing costs
by Richelle Hammiel Jul 17
Mortgage 'knowledge gaps' may be thwarting would-be homebuyers
3 in 4 Americans are planning to buy the next time they move, but many are overestimating minimum down payment, credit score underwriting requirements, according to a new Fannie Mae study
by Matt Carter Jul 16
Homebuyer sentiment rebounds in June from May's record low
Fannie Mae’s monthly National Housing Survey shows many Americans may be underestimating the odds that mortgage rates will continue to pull back from 2024 peaks
by Matt Carter Jul 8
Weak demand drives up share of homesellers cutting prices
The typical home sold for 0.3% less than the original asking price in the past month, according to a new report from Redfin
by Taylor Anderson Jun 27
Home sales tend to rise after big elections. Can it happen in 2025?
Keeping Current Matters' David Childers and Jimmy Burgess crunch the numbers and lay out the reasons real estate agents and brokers could see a post-presidential election sales surge in 2025
by Jimmy Burgess Jun 27
Case-Shiller Index breaks all-time high as HPI appreciation slows
Figures in April 2024 for both indices suggested a steady market going into summer. Both the S&P CoreLogic Case-Shiller index and the FHFA HPI rose 6.3% on an annual basis
by Lillian Dickerson Jun 25