The seller's market is roaring back as buyers vie for limited inventory
A 'drought' of new listings is driving up prices, reversing the sluggishness of late 2022, and forcing buyers to compete fiercely for homes, according to a new analysis from Zillow
by Jim Dalrymple II May 10
'Great Reshuffling' winds down as COVID hotspots and tech hubs cool
Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis
by Jim Dalrymple II Mar 27
'2021 all over again': Agents get to work as spring homebuying arrives
On the first day of spring, agents across the US who spoke to Inman saw the return of bidding wars and busy open houses, suggesting that after a slow 2022 the market is turning a corner
Inventory struggle is real, leaders declare in exclusive Inman survey
Leaders and agents who took Inman's first Intel leadership survey said inventory is among their biggest challenges right now — but growing in 2023 isn't totally out of the question
by Jim Dalrymple II Mar 13
Most homebuyers forking out big bucks to buy down mortgage rate
While mortgage rates have eased and home prices have fallen in many markets, affordability still has a 'stranglehold on much of the market,' according to research released by Black Knight
by Matt Carter Feb 7
A quarter of homebuyers were looking to relocate during Q4, 2022
According to a new report, 24.6% of Redfin users were looking to move inspired by high housing costs in most major cities and the freedoms provided by remote work
by Ben Verde Jan 24
Home price declines leave 450,000 borrowers underwater
Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor
by Matt Carter Dec 5
Falling list prices hit pandemic hot spots hardest, new Redfin study says
Nationally, more than 15% of homesellers dropped list prices in July across the 97 metro areas analyzed by Redfin, with Boise, Denver and Salt Lake City seeing the greatest share of cuts
by Lillian Dickerson Aug 23
How to keep your mojo up in a down market
Opinion
Negative news and tough markets can take a toll on your business and your attitude. Here's how to keep yourself focused on the positive
by James Becker Aug 23
Home prices down from peaks in quarter of nation's top 50 markets
Falling sales are driving inventory growth, but it will take more than a year at the current rate for listings levels to get back to normal, according to Black Knight's latest monthly Mortgage Monitor Report
by Matt Carter Aug 1
Two runners at the starting line
Despite its balancing out, the market remains far from homebuyer-friendly with buyers paying 75% percent more on the typical mortgage payments than in 2019, according to Zillow
by Ben Verde Jul 19
Are sellers aiming too high? Price cuts abound throughout the US
More sellers dropped their asking prices in June almost everywhere in the US. In some places, more than half of homes for sale saw a cut
by Daniel Houston Jul 14
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
Compass expands into Sacramento with new office
The tech-forward brokerage will open an operations hub in Midtown Sacramento where more than 30 agents will now be based, it was announced Monday
by Ben Verde Mar 15
Hurry up or wait: The big question on every buyer's mind this spring
Just as homebuyers have learned to navigate soaring prices, sinking inventory and bidding wars, the housing market has reached a new level of madness. Will it all boil over this spring?
by Marian McPherson Mar 14