Housing inventory shoots up as homes sit longer on the market
A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time
by Jim Dalrymple II Mar 2
Black homeowners highest home-value appreciation over pandemic
Between February 2020 and January 2023, Black homeowners saw their homes' values increase by 42.5%, compared to 38.5% for U.S. home values overall
by Ben Verde Feb 27
We asked a bot to write about real estate in 2022. This is the result
We asked the buzzy new AI tool ChatGPT to write a report for Inman on iBuyers, technology and tips for agents going into the new year. Turns out, the bot might have a bright future in real estate
by Jim Dalrymple II Dec 23
Redfin economist: 'We're going to have pain' while high inflation lasts
Daryl Fairweather also said during her Yahoo Finance appearance that 'demand is very weak' as both homebuyers and sellers take a breather from the housing market
by Jim Dalrymple II Nov 30
37% of real estate agents couldn’t pay rent in October
Rent delinquencies surged in October compared to one month prior as the housing market continues to struggle with high mortgage rates, according to a new survey
by Jim Dalrymple II Nov 17
Gavel over one hundred dollar bills represents Newrez' settling a complaint
CFPB alleges some homeowners who sought forbearance during the pandemic were charged improper late fees and weren't fully informed of their options
by Matt Carter Nov 17
Lumber prices see stable week after falling to normal levels
Construction costs remain high. But one of the biggest headaches for builders — obtaining lumber at a steady price — may be normalizing
by Daniel Houston Oct 11
Not just a coastal thing: 7 inland cities most altered by remote work
Some cities have seen work-from-home policies persist well beyond the pandemic's first year. See the places most transformed by remote work, according to the Economic Innovation Group
by Daniel Houston Oct 7
No retailer captured the dream of 'home' quite like Bed Bath & Beyond
The home goods retailer was not only a store that had everything a person might want for a home, but it symbolized the very American dream of homeownership. Today it's fighting for survival
by Jim Dalrymple II Sep 9
In earnings twist, most real estate companies avoided the worst in Q2
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin
by Jim Dalrymple II Aug 8
Redfin CEO: Market correction is 'sharper', 'faster' than expected
Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to 'race to the top' or 'race to the bottom'
by Jim Dalrymple II Aug 3
Is the 'Great Reshuffling' about to go in reverse? Not yet, these agents say
The coronavirus pandemic allowed multitudes of people to move away from big coastal cities. A group of luxury real estate leaders at Inman Luxury Connect weighed in on how that trend is progressing
by Jim Dalrymple II Aug 2
Does a jump in demand fully explain the pandemic housing market?
A new report from the US Federal Reserve suggests it was spiking demand — not a lack of homes for sale — that sent prices skyrocketing over the past 2 years
by Jim Dalrymple II Jul 12
Remote work's impact on real estate will linger — possibly forever
The CEO of IBM, which employs hundreds of thousands of people, recently described remote work as 'the new normal.' And that translates to permanent changes to the housing market
by Jim Dalrymple II Jun 30
The shifting market will slow prices down — but won't stop them cold
The market is reaching a turning point in which price reductions are more common. But that doesn't mean homes can't still appreciate in value
by Jim Dalrymple II Jun 7