Park City listing is one of the town's priciest at a pretty $29M
The modern home, designed by architect Wallace Cunningham and constructed from glass, steel and concrete, was named 'Cascade' because it seems to flow down the hillside like a waterfall
Homebuyers and sellers have a ton of misconceptions, new poll shows
Homebuyers and sellers are struggling to keep up with the rapidly shifting market, according to a Zillow survey of real estate agents, which found many believe home prices will fall steeply in 2023
by Ben Verde Nov 7
Nearly a third of income gobbled up by monthly mortgage payments now
The share of income required to afford a mortgage has risen to 30.2%, well above the established norm of 22.8% of a homeowner's income, according to an analysis by Zillow released Thursday
by Ben Verde Oct 21
Homie CEO resigns as flat-fee brokerage lays off more workers
The company is among the most prominent of the upstart flat-fee brokerages that rose in recent years, but will lose cofounder and CEO Johnny Hanna as the market experiences 'turmoil'
by Jim Dalrymple II Oct 4
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
EXp nabs high-performing Engel & Völkers team in Utah's Park City
The Lawson team works with high-end properties in Park City and other Utah communities. The team's jump to eXp is the latest in an ongoing trend of teams migrating to the techie brokerage
by Jim Dalrymple II Aug 11
LucidPress rebrands, hoping to hit the Marq with new name
The very idea of a franchise is rooted in leveraging corporate-supplied marketing messages, and offices are under strict watch to ensure they're on track
by Craig C. Rowe Jul 27
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
Roe v. Wade has been overturned. What does it mean for real estate?
The decision to overturn Roe v. Wade by a conservative majority in the court is expected to lead to bans in approximately half the states and could potentially lead to new migration trends
by Jim Dalrymple II May 4
How to talk to millennials as they take over the real estate world
Millennial real estate preferences are shaped by a desire for convenience and amenities, coupled with the lingering effects of the Great Recession. This is the first installment in Inman's 5-part series on the ways people from different generations approach the homebuying experience
by Jim Dalrymple II Jan 23
Proptech co-founder ousted after claiming 'Jews' behind COVID plot
David Bateman co-founded Entrata 2 decades ago. In a new email he claimed COVID and related vaccination efforts are part of a Jewish plot to bring the world under totalitarian rule
by Jim Dalrymple II Jan 4
The 10 hottest housing markets to watch in 2022
The top US housing markets for 2022 are mostly affordable tech hubs with outdoor recreational opportunities that have become attractive alternatives to pricier coastal markets of late
Next year to be a 'mixed bag' for real estate: realtor.com report
Recent inventory shortages may ease somewhat in 2022, but demand will probably still exceed supply and affordability will be challenging
by Jim Dalrymple II Dec 1
@Properties CEO on franchise biz: We're coming for the big markets
In an interview ahead of Inman Connect Las Vegas, Thad Wong said blockchain will become part of the real estate transaction and franchising will help smaller players survive
by Jim Dalrymple II Oct 22