Luxury home sales plunge to 10-year low, surpassing COVID levels
Luxury home sales in the US dove by 28.1% year over year during the 3 months ending Aug. 31, 2022 — eclipsing the 23.2% drop in luxury sales at the height of the pandemic, Redfin data shows
by Lillian Dickerson Sep 22
Pacaso responds to backlash with first-ever economic impact report
Almost a year after streamlining its buy box to avoid median-priced homes, co-ownership platform Pacaso claims it has had a net positive impact on the destinations it operates in
by Marian McPherson May 18
Buyers now snapping up homes in 15 days despite latest wave of rate hikes
Rising mortgage rates, booming home prices and scant inventory are pushing homebuyers to quicken their plans, according to Redfin's latest market report, released Friday
by Marian McPherson May 13
Pivot! Pivot! 8 tips to expertly prepare for a market shift
Four real estate dynamos share eight things real estate agents must do to effectively advocate for their clients, improve their skills, safeguard their finances and build a business that stands the test of time
by Marian McPherson Apr 20
Millennials ditching starter homes will lead summer inventory boost
Realtor.com's latest housing report revealed 64% of homesellers plan to list their homes by October. Millennials are primed to lead the charge as they ditch starter homes for bigger abodes
by Marian McPherson Apr 6
'Stock is not the company:' Robert Reffkin on Compass 1 year after IPO
In a heartfelt letter posted on LinkedIn, Compass founder and CEO Robert Reffkin addressed stock market troubles and cast his vision for the future on the 1-year anniversary of going public
by Marian McPherson Apr 4
Hispanic homeownership could hit 50% by 2025 despite 'hostile' market
The National Association of Hispanic Real Estate Professionals report details impact of inventory shortages on Latino homebuyers
by Andrea V. Brambila Mar 22
More agents are fighting for fewer homes: Here's how to rise to the top
The real estate industry is becoming more competitive, with NAR enrolling a record number of agents in 2021 and inventory dipping below 1M. Four brokers share how to survive choppy waters
by Marian McPherson Jan 24
Agents say they're optimistic about 2022 — but COVID questions linger
Published earlier this week, Inman's latest Agent Appreciation survey also revealed that most real estate agents see inventory shortages as one of 2022's biggest challenges
by Jim Dalrymple II Jan 7
storm
Opinion
From low interest rates to the ongoing pandemic, a number of factors have come together to create the current inventory crisis
by Carl Medford Jan 5
Why tough conversations with buyers can't wait
Luxury agents Dee Dee Guggenheim Howes and Tyler Whitman discuss why sharing bad news with buyers needs to happen as soon as possible
by Andrea V. Brambila Oct 26
Homeowners are staying in place longer. What's it mean for agents?
By 2037, the median homeownership tenure will nearly double from 8 years to 15 years. Here's what 11 ERA broker-owners are doing to thrive through the market shift
by Marian McPherson Sep 2
Lumber prices finally drop and the stockpilers prepare to sell
After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down
by Lillian Dickerson Jun 15
Be an off-market pro: 10 tips to find hidden inventory
Opinion
With more buyers competing for fewer homes, it’s more crucial than ever for agents to find ways to stay relevant. And the best way to do that is to bring your clients inventory they didn’t even know existed
by Greg Burns Jun 12
Connecting with Mauricio Umansky: The looming luxury shortage
'There is a tremendous shortage of inventory, and I think it's the only thing holding us back,' the founder of The Agency told Inman leading up to Inman Connect this month