Home prices are looking softer to Fannie Mae economists
National home prices are projected to fall 6.7% over the next 2 years, with sales also expected to drop 21% this year to a level not seen since 2010, Fannie Mae forecasters said
by Matt Carter Jan 20
Brokerage executives predict falling profits, economic decline in 2023
Real estate leaders are pessimistic about the state of the economy, but nevertheless upbeat about their ability to take share in a chaotic market, according to a new survey from Delta Media Group
by Jim Dalrymple II Jan 12
Mauricio Umansky: 'Something exciting happens every time I wake up'
In advance of his appearance at Inman Connect New York on Jan. 24-26, The Agency's founder and CEO told Inman he's always working but finds ways to unwind with his family
Sink or swim? That's up to the agents
Opinion
Ask your agents whether they believe your brokerage is a value-added commodity for them, or if your competitors look equally attractive
by John Aaroe Dec 23
Improved mortgage rate outlook could bode well for home sales
Fannie Mae economists not quite as gloomy about 2023 home sales outlook as mortgage rates retreat from 2022 highs and with potentially more room to ease
by Matt Carter Dec 19
Prices will fall in 2023. But savings will be negligible due to headwinds
Home prices could fall by 8%, but rising mortgage rates and a 'mild recession' will blunt the savings in buyers' pockets, according to Capital Economics' new US Housing Market Outlook
by Marian McPherson Nov 17
As Fed walks a tightrope, the balance may swing on housing
Central bank policymakers are trying to tame inflation while avoiding a deep recession. The home market could throw a wrench in those plans
by Daniel Houston Nov 16
10 financial don’ts heading into a recession
Impulse purchases may come back to haunt you when you are presented with an investment opportunity but have no ability to capitalize due to past financial recklessness
by Carl Medford Nov 11
A Keller Williams team leader on essentials for navigating a downturn
Remember, the market doesn't determine your outcome; it only determines you strategy. Make these changes to help motivate your team for what's next
Need to pinch your pennies? These 11 smart-money tips will help
No matter how far along you are in your career, you may come across a dry spell. In real estate, nothing is guaranteed, put your finances first with these tips
by Chris Heller Nov 8
Keller Williams posts 'less than pleasing' 3% drop in sales volume
After 4 straight quarters of declines in transaction volume, new listings, projected closings and written contract volume, Keller Williams' year-to-date sales volume finally took a 3% tumble to $414.7B
by Marian McPherson Nov 3
Hints of more layoffs loom at Mr. Cooper as profits wane in Q3
While growing loan servicing business remains profitable, according to Q3 earnings, paper gains on servicing rights could evaporate if interest rates fall and borrowers refinance out of portfolio
by Matt Carter Oct 28
As US economy zigs upward again, real estate sags
Hits to broker commissions and home construction drove a decline in real estate gross domestic product in Q3 of the year, new data shows
by Daniel Houston Oct 27
Robert Reffkin gets real at Compass REtreat: 'Hope is not a strategy'
At Compass' annual REtreat in Atlanta, CEO Robert Reffkin used his keynote to give an honest and intimate review of his company's post-IPO performance and cast a vision for the future
by Marian McPherson Oct 26
The Agency's Mauricio Umansky on what's hurting brokerages the most
At Inman Connect, Brad Inman and Mauricio Umansky, founder of luxury brokerage The Agency discussed what's happening in the market now and how it's impacting brokers and their agents
by Lillian Dickerson Oct 19