EXp Realty lassos a pair of high-performing Texas teams
The Mike Seder Group and the Ronnie and Cathy Matthews Group join eXp as the battle for top agents continues to be one of real estate's defining stories
by Jim Dalrymple II Jan 4
Pending home sales stagnate in November despite rate relief
November's numbers show pending sales didn't move compared to October, but lower rates did apparently lead to more lockbox openings — hinting that better days lie ahead
by Jim Dalrymple II Dec 28
Mortgage rates are in free fall as economy continues to cool
While Federal Reserve policymakers had forecast 3 rate cuts next year, futures markets see an 85% chance of at least 6 rate cuts after a key inflation metric shows the economy is cooling rapidly
by Matt Carter Dec 27
New-home sales fell in November, but brighter days may lie ahead
Sales of newly built single-family homes fell 12.2% between October and November to an annual rate of 590,000, but lower interest rates may bring relief
by Ben Verde Dec 22
Existing-home sales inch up in November after 5-month decline
Sales of existing single-family homes edged up 0.8% between October and November, and more gains are expected as interest rates settle
by Ben Verde Dec 20
How was your year? Take the Inman Intel Index survey: December 2023
The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey today
by Chris LeBarton Dec 20
Housing starts defy expectations, surge to highest point since May
Housing starts jumped 14.8% between October and November to a seasonally adjusted annual rate of 1.56M. That's 9.3% higher than they were in December 2022
by Ben Verde Dec 19
Fannie Mae, MBA economists still expect mild 2024 recession
The good news for real estate pros is that closely watched forecasts agree home sales will bottom in Q4 2023, and mortgage rates are looking ready to come down significantly next year
by Matt Carter Dec 19
older millennial
Nearly 60% of millennials said they felt homeownership is more important now than it was for their parents, according to the results of a new survey released earlier this week by Bank of America
by Ben Verde Dec 7
Zillow predicts a 'breather year' for homebuyers in 2024
Homebuyers will have slightly more homes to choose from at slightly more agreeable prices in the new year, according to the portal's 2024 forecast
by Ben Verde Nov 30
Americans' average mortgage payment falls $164 in November
A dip in the weekly average for 30-year mortgage rates dropped the average mortgage payment to $2,575 in November, and homebuyers are taking advantage
by Marian McPherson Nov 30
Lennar fights high home prices with 3 new mid-range models
The homes are part of the company’s 'Everything’s Included' incentive, which offers a one-stop solution for outfitting a new home
by Craig C. Rowe Nov 28
35% of Americans hope the housing market will crash in 2024
LendingTree's latest consumer survey revealed 35% of Americans hope the market will crash in the next 12 months. They believe an economic downturn will lower mortgage rates and home prices
by Marian McPherson Nov 28
Mortgage rates overtake inventory as biggest worry for agents: Triple-I
After exceeding 8% in October, rising mortgage rates overtook 'lack of housing inventory' as the top concern for real estate agents, according to the latest monthly Inman Intel Index results.
by Chris LeBarton Nov 21
Have a take on today's market, or what's to come in 2024? Inman Intel is listening!
Please add your voice to the Triple-I, the real estate industry's most ambitious monthly survey
by Chris LeBarton Nov 20