2023 may sink some agents — and that may not be a bad thing
Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel
by Jim Dalrymple II Feb 1
The 10 housing markets primed to pop during a recession
Florida and California are most at risk of experiencing a housing downturn during a recession, according to Redfin. Both states saw exorbitant growth during the pandemic-fueled buying rush
by Marian McPherson Jul 27
Where legacy brands stand when proptech falters
As the market turns, investor interest in new industry disrupters may be waning. At Inman Connect Now, Clelia Peters and Nick Bailey explore where that leaves traditional brands
by Lillian Dickerson Jul 14
Amid pandemic, 2020 was a year of record-low foreclosures
In 2020, foreclosure filings reached their lowest levels since Attom Data began tracking the metric in 2005
by Lillian Dickerson Jan 14
The home value gap between races is narrowing — slowly: Zillow
Although Black and Latinx home values are still lower overall, new data from Zillow shows the gap between these groups has decreased by about 4% since the Great Recession
Home price gains continue to climb in third quarter
A new report from Attom Data Solutions found that 77% of metros analyzed posted double-digit annual home price gains
by Lillian Dickerson Oct 21
WFG founder Pat Stone talks e-closings, coronavirus and getting back to basics
On the heels of WFG's 10th anniversary, founder Pat Stone shares his secret to success, which hinges on mastering the basics and putting clients first
by Marian McPherson Oct 16
Northeast markets continue to be most at-risk due to pandemic
Parts of New York City, Baltimore, Philadelphia and Washington, D.C., were most vulnerable to economic impacts of the pandemic during the third quarter
It's a seller's market all right, and home value growth is accelerating
During July, the typical home value was up 4.5% year over year to $253,527, the fastest value rate increase since May 2019
by Lillian Dickerson Aug 21
Bank repossessions of homes plunge to lowest level in at least 15 years
Amid federal and state restrictions on foreclosures and evictions, bank repossessions dropped 14% month over month and 80% year over year to just 2,163 US properties foreclosed on by lenders, according to an analysis Thursday from Attom Data Solutions
by Lillian Dickerson Aug 13
US home sale profits rise to new post-recession high
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
by Lillian Dickerson Jul 22
Brown Harris Stevens CEO: 'We have to apply a little bit of humanity'
Brown Harris Stevens CEO Bess Freedman called for compromise in the face of an impending wave of evictions as CARES Act benefits are set to expire at the end of July
by Lillian Dickerson Jul 21
JP Morgan Chase: 100-year-old WWII vet can stay in his home
James Been, a 100-year-old army veteran and Brooklyn native, had foreclosure charges against him by JP Morgan Chase dropped on Friday
by Lillian Dickerson Jun 29
The moving industry could lose $2.5B because of COVID-19
Revenue decline across the moving industry could hover between 12.2% and 19.9%, according to a new study from HireAHelper.com
by Lillian Dickerson Jun 23
Coldwell Banker CEO on why now is the perfect time to list your home
During a virtual town hall, Ryan Gorman also explained why he doesn't believe the market will see a massive spike in foreclosures
by Patrick Kearns Jun 19