Homebuyer purchasing power rises by $40K since October rate surge
A buyer with a monthly budget of $3K can now purchase a home worth approximately $453,000 — up from $416,000 in October when mortgage rates reached a record of 7.8%, according to Redfin
by Marian McPherson Jan 29
Why US consumers are souring — and what that means for housing
Maegan Sherlock, senior research analyst for John Burns, spoke with Intel about the results of the firm's latest household sentiment survey: 'I was hoping to see a new magic mortgage rate'
by Daniel Houston Oct 11
New Western trends report has all the answers for savvy investors
Opinion
Real estate expert and trainer Bernice Ross sits down with New Western's President and co-founder Kurt Carlton to discuss the key takeways and valuable insights
by Bernice Ross Sep 22
Collaborate, communicate, calculate: 7 ways to keep buyers in the deal
The more a buyer is educated about the ins and outs of a transaction, the more comfortable they'll be with bumps in the road
by Cara Ameer Mar 29
40% of Americans eye a move, but many feel 'priced out' for now
Cost-of-living, cramped quarters and even politics are all top-of-mind for people considering a move in the coming years, a new Harris Poll reveals
by Daniel Houston Dec 9
Buyer interest creeps upward as mortgage rates inch down
Redfin's Homebuyer Demand Index increased 15 points since June 15, reversing 10 straight weeks of decreasing demand that started in mid-April
by Ben Verde Jul 29
Buyers of new homes spend double on 1st-year improvements: Analysis
Hidden costs loom large for buyers in the first year of homeownership, and, surprisingly, that can be even more true with a new build, according to the National Association of Homebuilders
by Daniel Houston Jun 13
Lower partners with Orchard to offer Power Buyer services
As rising interest rates curb mortgage refinancings, Lower will also target homebuyers through a strategic partnership with iBuyer powerhouse Opendoor
by Matt Carter May 20
Millennials glow up: Tech savvy age group nears 50% share of US buyers
In 2021, millennials made up the largest share of buyers at 43%, up from 37% in 2020, according to the National Association of Realtors' Home Buyers and Sellers Generational Trends Report
by Andrea V. Brambila Mar 23
Forget conventional wisdom! The new rules for buyers
Opinion
You may think you know how to talk to buyer leads but today's market offers different challenges. Avoid these three things in your first contact with a buyer
by Jeff Glover Mar 15
Will Washington be the second US state to limit love letters?
An effort to ban possibly discriminatory homebuyer love letters fell short in the Washington State Legislature, but could come back next year
by Daniel Houston Mar 10
Judge orders Oregon to pause its homebuyer love-letter ban
A U.S. district judge agreed these letters can lead to discrimination, but said the state law goes too far in restricting free speech
by Daniel Houston Mar 4
Do you speak the same language as your Gen Z clients?
Take Inman's Generation Z quiz to see how well you understand the youngest homebuyers in the U.S.
by Jim Dalrymple II Jan 24
Unexpected repairs leave many homebuyers with regret: survey
1 in 3 homeowners in a recent HomeAdvisor survey say they regretted their purchase after paying for repairs left unfixed by the seller
by Daniel Houston Nov 10
Fintech startup Homebuyer raises $1.4M in seed funding
Founded by mortgage expert Dan Green, Homebuyer is a platform that offers first-time homebuyers personalized information and loan origination options
by Marian McPherson Dec 14