Compass CEO: Pandemic craze will return once mortgage rates hit 5%
Compass CEO Robert Reffkin revealed on CNBC how volatile mortgage rates are sidelining homesellers and why a boost in existing-home inventory could happen as early as December
by Marian McPherson Jun 29
Housing is outperforming, but recession may still be in the cards
Fannie Mae economists say 'extraordinarily tight' inventories of existing homes driven by mortgage lock-in effect has shifted demand toward new homes
by Matt Carter May 19
Half of homes on market are selling within 2 weeks, marking 1-year high
While homeowners are staying put out of reluctance to lock in higher mortgage rates, the few homes on the market are drawing competition, according to a report released Friday by Redfin
by Ben Verde Apr 28
Homebuilding innovator Veev raises $400M in Series D round
The funding will help to spread the company's proprietary home construction method that curbs carbon dioxide emissions by 47% compared to traditional methodologies
by Craig C. Rowe Mar 1
Fall housing outlook: Cooling prices, tighter inventory, less competition
As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight
by Lillian Dickerson Sep 22
Amid inventory crisis, median age of US housing stock is getting older
In a pair of new studies released Wednesday, the National Association of Realtors and Harvard University are calling on the government to help ease the housing crisis
by Libertina Brandt Jun 17
Housing market insanity leaves homeownership rate unchanged
However, the homeownership rate for Black Americans is up year over year in the first quarter of 2021
by Kelsey Ramírez Apr 27
inventory crisis
Zillow study shows surge of new listings could lessen frustrations for homebuyers
by Kelsey Ramírez Apr 23
Hopes of housing shortage relief are dashed as new listings drop
New listing volumes have failed to make up for the shortfall of 2020 and were down 16% and 21% year over year in January and February, according to a new report from Black Knight
by Kelsey Ramírez Apr 5
New-home sales show modest uptick after a sluggish November
The seasonally adjusted annual rate of new single-family home sales in December clocked in at 842,000, 1.6% above the revised November rate of 829,000
by Lillian Dickerson Jan 28
Will low inventory plus high demand snowball this winter?
Today, the market remains red hot as summer, but unfortunately, the industry might be celebrating too soon. Here's why this winter might bring a very different and cold reality
by Chris Drayer Oct 15
MoxiWorks launches tool to predict number of home sales
The new prediction model will run on a monthly basis to forecast the number of U.S. home sales two months in advance based on data from the company's presentation builder
Chance of V-shaped housing recovery is growing slimmer
'The possibility of volatility lasting into 2021 could be a reality,' according to a 136-page report by HouseCanary released Wednesday
by Patrick Kearns Jul 22
This is the 'sweet spot' for when to buy a home
Is there a sweet spot for homebuyers when it comes to matching ample inventory with a reasonable sales price? According to a new analysis by NerdWallet, the answer is yes
by Lillian Dickerson Jul 15
DelPrete: US inventory levels down 20-40%
Opinion
With the recovery of new listings coming to market slowing and buyer demand remaining strong, the supply and demand imbalance doesn’t appear to be changing soon
by Mike DelPrete Jul 1