Home inventory rose at record pace in July, despite fewer new listings
The long-awaited recovery in home inventory is in full swing. It's not being driven by a rise in new listings but by the ongoing slowdown in demand from buyers, according to Realtor.com
by Daniel Houston Aug 9
CoStar, Adena Hefets take top Inman Innovator awards at ICLV
Out of nearly nearly 600 nominations received from the public, these are the real estate industry innovators that stood out in 2022, according to an announcement at Connect Las Vegas on Friday
The top 10 most affordable American cities to retire to in 2022
Despite significant roadblocks, there are still plenty of places you can retire affordably and satisfyingly across the country. Here's the list compiled by a new report from Realtor.com
by Ben Verde Aug 1
MarketBuy's open offer listing model officially makes US debut
MarketBuy's Will Farmer leads its official expansion into the states as its North American head of growth. He will attend Inman Connect, eager to pitch what the company can do for listings
by Craig C. Rowe Jul 28
Real estate investors scooped up record number of homes this spring
Investor purchases made up 9.5% of home purchases nationally in April, just shy of a February peak of 9.7% and an increase of 64% from 2019 levels, according to new data from Realtor.com
by Ben Verde Jul 28
'Overvalued' Western markets see biggest share of price reductions
Despite national growth in sale prices, these markets that saw spikes in popularity and price over the past 2 years are starting to see the most price reductions, data shows
by Ben Verde Jul 27
Pending home sales take nosedive in June, signaling a bleak August
Pending home sales dropped 8.6% in June, suggesting a drop in home closings just around the corner, according to figures released Wednesday by the National Association of Realtors
by Ben Verde Jul 27
New home sales plummet 8% in June to 2-year low
Sales of new homes in June were at a seasonally adjusted rate of 590,000, 8% below the May rate of 642,000, and 17.4% lower than in June 2021, according to new data from the US Census Bureau
by Ben Verde Jul 26
Home sales fall for 5th month as median prices hit record high
Sales of existing homes ticked down 5.4% between May and June, falling 14.2% from a year ago, as median prices rose to $416,000, according to the National Association of Realtors
by Ben Verde Jul 20
The 10 most stable housing markets in the United States, ranked
The US housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets
by Lillian Dickerson Jul 19
Multifamily sector lone bright spot as permits, starts, completions fall
New residential construction dipped in June, with building permits, housing starts and housing completions ticking down modestly, according to US Census Bureau data released Tuesday
by Ben Verde Jul 19
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
LGBTQ+ Real Estate Alliance blasts NAR for supporting Anti-LGBTQ candidates
In a 3-page letter on Wednesday the LGBTQ+ Real Estate Alliance called out the Realtor Political Action Committee for supporting anti-LGBTQ candidates as NAR lobbies for LGBTQ rights
by Marian McPherson Jun 30
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
New home sales jump unexpectedly
Sales of newly built homes shot up 10.7% from April to May, with 696,000 new homes sold over the course of the month, according to data released Friday by the US Census Bureau
by Ben Verde Jun 24