Investors contemplate options amid market shift: The Download
As investors see local markets and rental prices soften, they've started to unload underperforming inventory at a record pace
by Christy Murdock Jun 14
Despite market shift toward buyers, they're still backing away
According to Redfin's data, pending home sales dipped 0.4% year over year to the lowest May level since 2020. Part of that was attributed to sky-high costs and economic uncertainty
by Richelle Hammiel Jun 5
Opendoor hit with Nasdaq notice, skids closer to delisting zone
Opendoor's stock has spent months in precarious territory. The company has now received a notice from Nasdaq after its share price fell below $1 for 30 consecutive business days
by Richelle Hammiel Jun 2
RE/MAX meets expectations in Q1 but forecasts turbulence ahead
Revenue fell to $74.5M, down from $78.3M a year earlier, marking the 11th-straight quarter of decline, according to financial results posted by RE/MAX Thursday after the markets closed
by Richelle Hammiel May 2
Fannie Mae lays off 100 workers citing unethical conduct
Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program
by Richelle Hammiel Apr 8
Build-to-rent homes hit record high in 2024 with no signs of slowing
In 2024, a record 39K single-family rental homes were completed, marking a 15.5% jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday
by Richelle Hammiel Apr 7
Glennda Baker: Don't chase viral moments. Be authentic
Glennda Baker of Glennda Baker & Associates, took the Inman on Tour Nashville stage with her signature style, personality and unfiltered truth about building a personal brand in real estate
by Richelle Hammiel Mar 12
Sinatra's LA estate, where JFK trysted with Monroe, sells for $8M
The March 4 sale was structured in 2 parts, with 1 parcel selling for $5M while an adjacent 9-acre parcel with the guest house where JFK and Marilyn Monroe allegedly met, selling for just $3M
by Richelle Hammiel Mar 6
New-home sales plunge 10.5%, fall below expectations
Compared to December, new-home sales dropped 10.5% to a seasonally adjusted rate of 657K, according to US Census Bureau data
by Richelle Hammiel Feb 26
Pasadena ADU program offers second shot at affordable housing
Through the program, homeowners can receive up to $225K in 3-year construction loans to finance the design, permitting and overall construction of a new accessory dwelling unit
by Richelle Hammiel Feb 14
$32M Beverly Hills property hits the market, but it's just a basement
The luxury listing just hit the market, but there's no mansion yet. In fact, it's just a basement. This is a 'rare opportunity to complete an iconic estate'
by Richelle Hammiel Feb 13
Homebuyers remain sidelined despite more listing options
Over the 4 weeks ending Feb. 2, new listings across the US have jumped 7.9% from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis
by Richelle Hammiel Feb 6
Climate change reshapes real estate, putting $1.5T in value at risk
Climate change has shaken up the US real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases
by Richelle Hammiel Feb 4
Pending home sales decline 5.5% following months of growth
The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5% to 74.2 in December, according to data released Thursday by NAR
by Richelle Hammiel Jan 31
Sell like a spy: Mastering connection and 'elicitation'
Spies possess an extraordinary skill set that goes far beyond the Hollywood myths — one that can be beneficial to anyone, especially real estate professionals, according to Jeremy Hurewitz
by Richelle Hammiel Jan 24