Latest jobs numbers could be nail in the coffin for interest rate hikes
Mixed payroll and unemployment report sends long-term interest rates surging, but some analysts say the latest numbers reduce the odds of a September Fed rate hike
by Matt Carter Sep 1
Mystery solved: The Silicon Valley entity behind Flannery Associates
Over the past 6 years, a mysterious entity known only as Flannery Associates quietly scooped up nearly $900M in farmland outside the Bay Area. Now investors behind the plan have been revealed
by Taylor Anderson Aug 30
Interest rates stay anchored after Fed chair's hawkish speech
After an initial swoon, bond markets take Federal Reserve Chairman Jerome Powell's tough talk on inflation in stride, but housing sector remains vulnerable to further rate hikes
by Matt Carter Aug 25
Single-family rent growth slows for the 14th straight month
A new report from CoreLogic is the latest to confirm that rent growth is falling back toward historical levels as the market moves on from unprecedented growth during COVID-19
by Taylor Anderson Aug 25
Barbara Corcoran sees price growth of 10-15% once rates drop
Corcoran told 'Good Morning America' viewers Wednesday that she doesn't foresee prices dropping any time soon but could see them spiking once mortgage rates come down
by Ben Verde Aug 24
Insights on how to navigate the industry's post-lawsuit landscape
Tune in to Inman Access this week for a deep dive into the impact of the industry's megalawsuits and a tactical breakdown on what to focus on in today's housing market to come out on top
by Claire Buzzanca Aug 24
Share of homebuyers looking to move cities hits new high
Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests
by Daniel Houston Aug 23
Home sales will bottom out in 2023, analysts forecast. But then what?
MBA forecasters expect rates to ease and sales to rise next year, but Fannie Mae economists predict home sales will remain subdued even if the Fed pulls off a soft landing
by Matt Carter Aug 23
Redfin CEO says housing sales volume has hit 'rock bottom'
Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get
by Daniel Houston Aug 18
Negotiating with concessions: A game-changer for agents
Tune in to Inman Access for strategies on how to close more deals in today's complex market, along with how influential and persuasive communication can help grow your business
by Claire Buzzanca Aug 14
When handling buyer objections, preparation is key, brokers say
Buyers with doubts need to know they're being heard. A well-oiled process for responding to their objections can help, Bianca D'Alessio and Aaron West said Thursday at Inman Connect Las Vegas
by Daniel Houston Aug 11
US prices fell this spring, new data shows. Not that anybody noticed
Price declines were bigger in the spring than in the late winter, according to quarterly home sales data issued Thursday by NAR. But to real estate agents in most US markets, it didn't feel that way
by Daniel Houston Aug 10
Fewer transactions result in falling profits for eXp World Holdings in Q2
EXp's revenue fell 13 percent from the second quarter of 2022 to $1.2B, and its gross profit decreased 10% to $96.5M, according to a Q2 earnings call Thursday afternoon
by Ben Verde Aug 4
Opendoor rebounds with profitable Q2 despite steep revenue decline
The iBuyer sold fewer homes and brought in less cash than it did during the same period in 2022, but it still managed to land in the black to the tune of $23M, according to Q2 earnings on Thursday
by Jim Dalrymple II Aug 3
US economy avoids recession yet again — no thanks to real estate
With the gross domestic product eclipsing expectations in Q2, the US appears to have avoided a long-predicted recession, even as the real estate industry remains mired in a deep contraction
by Daniel Houston Jul 27