NAR signals worst of downturn may be over as existing-home sales rise
Annual existing-home sales increased for the first time in more than 3 years in October, according to the National Association of Realtors. 'The worst of the downturn in home sales could be over.'
by Marian McPherson Nov 21
Housing costs force Americans earning less than $50K to sacrifice
Nearly three-quarters of US residents earning less than $50K annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat
by Richelle Hammiel Nov 18
The 'luxurification' of the West faces its growing pains
As 'Yellowstone' sunsets, Inman looked at the factors that have contributed to the 'luxurification' of Western towns and asked agents about finding balance between the haves and have-nots
by Lillian Dickerson Nov 15
How Realtors can help heal the post-election divide
Bringing the focus back to the local level isn't just good for your real estate business, trainer Bernice Ross writes. It's good for healing the political divisions exacerbated by this year's election
by Bernice Ross Nov 12
US home prices rose in 90% of metro areas in Q3, NAR says
The median price for single-family existing homes increased by 3.1% year over year to $418,700, with the 30-year fixed mortgage rate ranging between 6.08% and 6.95%
by Richelle Hammiel Nov 7
Renter households surge as homeownership costs climb
Renter households increased by 2.7% year-over-year in the third quarter to a record 45.6M, a rate 3 times higher than the 0.9% uptick in homeowner households, according to a new Redfin analysis
by Richelle Hammiel Nov 6
Realtor.com CEO pleads with US leaders to save homeownership
Realtor.com CEO Damian Eales wrote an open-letter urging local, state and federal legislators who win today's elections to tackle housing affordability with 'pragmatic' solutions
by Marian McPherson Nov 5
Social issues, not industry chaos, will guide agents at the ballot box
Commission chaos has disrupted real estate's status quo in unique ways in 2024, but social issues have been the reason for more political donations from agents, according to an analysis by Inman
by Jim Dalrymple II Nov 5
Housing affordability a main issue for early voters: Redfin
Among early voters, 38% said housing affordability influenced their presidential vote. Harris voters (43%) were more likely to care about housing than Trump voters (29%), Redfin said
by Marian McPherson Nov 4
Renewed buyer activity boosts pending home sales 7.6%
Easing mortgage rates and increased inventory in September undercut buyer anxiety from the previous months, leading to a 7.6 percent month over month increase in contract signings.
by Marian McPherson Oct 30
US home prices rise modestly amid affordability strains
US home prices were up in August, with both the Federal Housing Finance Agency (FHFA) and S&P CoreLogic Case-Shiller Indices recording a 4.2% annual gain
by Richelle Hammiel Oct 29
Median down payment slides $2,400 as affordability improves
Moderating mortgage rates and lessening buyer competition have pushed the US median down payment down 7.33% over the past year, according to data released Tuesday by Realtor.com
by Marian McPherson Oct 22
Builders shift to townhomes and condos to tackle housing shortage
The shift in strategy reflects a rising need for affordable and space-efficient housing options amid growing costs and limited land availability, according to an analysis from Zillow released Thursday
by Richelle Hammiel Oct 17
Trump, Harris housing policies emerging from the rhetoric
Housing policy has gotten short shrift in the debates, with a tight focus on immigration and inflation. But the candidates' platforms — and Project 2025 — provide more details
by Matt Carter Oct 16
Recent survey highlights housing priorities ahead of 2024 election
A Redfin-commissioned survey conducted last month reveals notable differences in priorities between homeowners and renters regarding candidates and key issues affecting housing
by Richelle Hammiel Oct 15