Opendoor debuts cash-backed offers
Buyers will need to get pre-qualified with Opendoor Home Loans or another mortgage company. Then, Opendoor will pair the buyer with a real estate professional in their market
Global population of ultra-wealthy increased 2.4% in pandemic year
The annual Wealth Report, which will be jointly released by Douglas Elliman and Knight Frank in March, also projects prices could increase up to 7% in key luxury markets in 2021
by Lillian Dickerson Feb 26
Opendoor launches in San Diego and Asheville
The company is expanding the footprint of its direct-to-consumer homebuying platform in California and North Carolina
by Patrick Kearns Feb 18
RealScout's Buyer Graph launches in San Diego
The tool, which allows brokerages to gain insights from anonymized buyer data, is being launched in partnership with six area brokerages
by Patrick Kearns Feb 18
$1M home searches hit record high in January: Redfin
Homes priced over $1M made up 10.8% of all saved searches on Redfin.com in January, up from 8.5% the previous year, and the highest point this figure has reached since 2017
by Lillian Dickerson Feb 10
December home value growth shatters records: Zillow
Typical US home values rose 8.4% year over year to $266,104, the highest annual increase seen since January 2014, according to a new report from Zillow
by Lillian Dickerson Jan 22
Pricey cities see 'astounding' rent drops as 2021 begins
A flood of people leaving pricey places like New York and Boston have sent rents in those cities plummeting, while rents in traditionally more affordable areas have climbed
by Jim Dalrymple II Jan 5
Here are Inman's 20 most-read news stories of 2020
Bidding wars, record mortgage rates and lots of Keller Williams news dominated the conversation, and Inman's headlines, in 2020
by Jim Dalrymple II Dec 23
Home prices continued to explode in September: Case-Shiller
Home prices rose 7 percent year over year in September as the hot housing market continued into fall, according to the latest analysis from Case-Shiller
by Patrick Kearns Nov 24
Rents on the rise for larger units across the country
A new report from Apartment Guide found that studio apartments, which have out-priced one-bedrooms in recent years, are currently the least expensive unit type
House flipping rates decline while profit margins rise across the U.S.
The climbing profit margins are a reflection of how home prices have continued to stay steady, and even increase in some areas, during the pandemic
by Lillian Dickerson Sep 16
11 neighborhoods ripe for opportunity zone investment
A new report by Attom Data Solutions and CityBldr highlights areas with the greatest potential for taking advantage of tax benefits in order to revive densely packed, low-income communities
VA loan activity swells during coronavirus pandemic
New data from the Department of Veterans Affairs provides further evidence that the pandemic has not slowed down demand for real estate or real estate financing
by Jim Dalrymple II Aug 20
FHFA
During the second quarter of 2020, 1.69M refinance mortgages were secured by residential properties in the U.S., a number up nearly 50% from the first quarter, and up more than 100% year over year to its highest level in 7 years
by Lillian Dickerson Aug 19
'It’s as hot a seller’s market as I’ve ever seen': More than half of all July home offers faced competition
Salt Lake City, San Francisco and San Diego were the 3 most competitive metro areas for Redfin agents making offers last month, according to a new Redfin analysis
by Jim Dalrymple II Aug 10