What happened with power buying in 2022? Let's look at the numbers
The market went south, but consumers' appetite for power buying didn't, according to a new report from real estate marketplace zavvie
by Taylor Anderson Feb 1
Why top agents see market shifts as an opportunity to shine
At Inman Connect New York on Wednesday, Dana Cadena, Kathy Helbig-Strick and Phillip Salem offered tips for making the transition from a seller's market to a buyer's market
by Matt Carter Jan 26
1000watt CEO: 'No one cares how much or how agents get paid, they only want things to be easier'
At Inman Connect New York Wednesday, CEO Brian Boero shared insights from a real estate consumer sentiment study it conducted under the self-imposed mandate to 'shut up and listen'
by Craig C. Rowe Jan 25
How fiscal prudence in good times can avert a hit to morale later
When the market emerges from this down period, savvy broker-owners will remain judicious with expenses, 3 top executives said at Inman Connect New York on Wednesday
by Daniel Houston Jan 25
Investors highlight the untapped potential in financing home equity
A slate of new companies backed by institutional investors is offering ways for owners to tap home equity. They made their pitch on Tuesday at Inman Connect New York
by Taylor Anderson Jan 24
When it comes to real estate and data, keep it local
At ICNY on Tuesday, OJO Labs' Chris Heller and Nest Seekers International's Erin Sykes explain why real estate agents should pay less attention to national data and dig into local insights
by Marian McPherson Jan 24
Ben Kinney tells agents to channel 'Braveheart,' lead in tough times
'There are casualties in every war, but casualties come from egos and lack of action,' Kinney told an audience at Inman Connect New York on Tuesday
by Taylor Anderson Jan 24
Fiery Tennessee estate in contract after setting social media ablaze
Listing photos on Zillow show firefighters extinguishing the blaze as the $1.5M, 25-year-old mansion actively burns. The house is now under contract after just 6 days on the market
by Ben Verde Jan 23
Compass' Phillip Salem shares their path from fashion to real estate
Ahead of a 1st Inman Connect New York appearance, Salem shares their journey from budding fashion mogul to real estate dynamo and the power of authenticity amid a changing market
by Marian McPherson Jan 21
Mortgage rate swing created 'more normal' market in December
Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow's latest market report.
by Marian McPherson Jan 19
The country moved closer to a balanced market in December
Inventory rose 69% and sales fell 38% to close out 2022 as the nation moves away from the frenzied seller’s market and closer to balance, according to a new market report from RE/MAX
by Taylor Anderson Jan 18
Knock increases bridge loan for home prep to $35,000
The 6-month loan is a component of Home Swap that allows clients to prepare a home for market through basic repairs, small finish upgrades, painting and other items buyers look for in a home
by Craig C. Rowe Jan 18
5 key questions to ask your seller facing foreclosure
Opinion
Taking on a foreclosure listing is a big challenge. Make sure you ask these questions first to determine whether listing the home is the best solution for the homeowner
by Minna Reid Jan 18
Agree to disagree: 11 real estate leaders dust off crystal ball for 2023
The market isn't done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point
by Daniel Houston Jan 17
Bernie Madoff's penthouse pulled from market: No buyers
The 3-bedroom, 3.5-bathroom property at 133 E. 64th St. on the Upper East Side sat on the market for 7 months without an offer, according to a report
by Ben Verde Jan 13
Mansion dubbed ‘The Invisible House’ hits market for $18M
Chris and Roberta Hanley designed a 5,500-square-foot home with mirrored glass to reflect the surrounding 70 acres of desert landscape near Joshua Tree National Park
by Taylor Anderson Jan 13
Glenn Kelman calls millennials 'the roommate generation'
In an appearance on 'Barron's Live,' Redfin's CEO explained how rising mortgage rates have trapped homeowners and homebuyers into a housing purgatory, tough for anyone to make a move
by Marian McPherson Jan 12
This city will be the hottest market of 2023, Zillow predicts
Zillow named Charlotte its hottest market of the year, continuing the trend of cities with relatively warm climates taking the top spot, following Tampa in 2022 and Austin in 2021
by Ben Verde Jan 12
‘The gate is beginning to open’: Big inflation drop may aid homebuyers
The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers' budgets — and financing, according to new data from Bureau of Labor Statistics
by Daniel Houston Jan 12
This is the year when 'agents have to go deep': BHGRE's Barry Jenkins
Jenkins, Better Homes and Gardens Native American Group chief marketing officer, sat down with Inman ahead of his appearance at Inman Connect New York later this month
by Marian McPherson Jan 12
Foreclosure activity doubled in 2022 but remains historically low
While the nation continues moving away from the pandemic-era lows, it's doing so very slowly and well below rates seen during the Great Recession
by Taylor Anderson Jan 11
Hines taps new CEOs for regions across North and South America
Steve Luthman picked to lead Midwest, Southeast and Canada regions; and Syl Apps will head the South America region, the company announced on Wednesday
by Taylor Anderson Jan 11
US Supreme Court denies NAR petition in pocket listing case
The nation's highest court will not be weighing in on whether the real estate trade group's Clear Cooperation Policy violates antitrust laws. The case proceeds in a lower court
by Andrea V. Brambila Jan 10
Year of the off-market deal? DropOffer sees potential in 2023
Proptech DropOffer predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023
by Craig C. Rowe Jan 9
7 must-do tasks to prep your listing for the market  
Preparing a listing to bring to the market is where you can set your service apart. Proper planning during the pre-listing period is essential for a successful sale process
by Laura Stace Jan 9
Real estate payrolls end on a strong note to close out a volatile year
Brokers, agents and homebuilders tallied a solid hiring month amid the holidays even as the downturn in real estate transactions continued, according to the US Bureau of Labor Statistics
by Daniel Houston Jan 6
Long & Foster expands to South Carolina's Lowcountry
The HomeServices of America subsidiary has more than 9,000 agents in over 200 offices in Washington, D.C., and 7 states along the East Coast, from South Carolina to New Jersey
Remote work will eventually make homebuying more affordable: Study
While remote work helped drive up housing prices during the pandemic, a new study from the Economic Innovation Group argues remote work may help housing affordability in the future
by Ben Verde Jan 4
Agents baffled by confusing new Facebook property listing policy
Facebook parent company Meta announced on Dec. 29 that users will no longer be able to share listings on Facebook Marketplace with their business profile, a change that drew agent ire
by Marian McPherson Jan 4
Home prices will soon post year-over-year declines: Report
Home prices grew by 8.6% compared to a year before but fell by 0.2% month over month. By Q2, prices are expected to be lower than they were a year before, CoreLogic says
by Taylor Anderson Jan 3
Luxury housing market plunges to new low as priciest inventory rises
Stock market declines and recession concerns stopped the luxury market in its tracks in Q3, with home sales in the top percentile of the market declining 38% year over year, according to Redfin
by Marian McPherson Dec 28
Cold winter looms as pending home sales fall for 6th-consecutive month
The number of homes that went under contract in November dropped by another 4%, signaling a slow winter, according to data released Wednesday from the National Association of Realtors
by Daniel Houston Dec 28
The 2023 housing market: A real estate 'reckoning is at hand'
Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won't change much while mortgage interest rates will continue to dip
by Andrea V. Brambila Dec 28
Real estate investing in 2022: Where is the roller coaster headed?
‘It’s like that roller coaster where it’s going up and up and up and up. You don’t know what’s going to happen when you get to the top.’ Many investors had a pleasant ride in 2022. But the ride might come to an end.
by Taylor Anderson Dec 27
Sales plunge 35% in November, marking biggest decline on record
Home sales posted their biggest annual decline since Redfin started tracking the metric in 2012
by Ben Verde Dec 22
It's official: 2022 shows homebuilder sentiment declines for every month
While December's data represented the 12th straight decrease in homebuilder sentiment, there is a 'silver lining.' The average price reduction was 8 percent, up from 5 or 6 percent, report says
by Ben Verde Dec 19
Two wolves fighting
The Sitzer/Burnett trial has been delayed until after a higher court rules on an appeal from HomeServices of America
by Andrea V. Brambila Dec 16
Be agile, embrace change: 2 leaders share the keys to success in 2023
Christie's Real Estate Chris Lim and Ben Fairfield with RE/MAX Western Region Development shared keys to their teams' success in a down market with the Inman Connect Now virtual crowd
by Marian McPherson Dec 15
'This is the shift everybody has been predicting': Agents at Connect Now
Matt Lionetti and Jason Cassity said during Inman Connect Now on Thursday that the market shift has been fast and furious, and agents must start stepping up their games to survive
by Jim Dalrymple II Dec 15
Annual inflation drops to 7.1% even as housing woes persist
Housing remained a strain on family budgets last month, but declining prices of gas, used cars and medical insurance helped soften the blow
by Daniel Houston Dec 13
'Goonies' house finds new owner just days after listing
After hitting the market in late November for $1.65M, the Astoria, Oregon, home was purchased for an undisclosed price by a superfan who aims to remain anonymous until the sale is finalized
by Ben Verde Dec 12
40% of Americans eye a move, but many feel 'priced out' for now
Cost-of-living, cramped quarters and even politics are all top-of-mind for people considering a move in the coming years, a new Harris Poll reveals
by Daniel Houston Dec 9
Keyes Company, Revive partner to boost listing business
A newly renovated home can see an equity increase of 15 to 20%, and agents working with Revive have increased their commissions by an average of 22%, the company says
by Craig C. Rowe Dec 7
MoveEasy raises $7M funding round
The Series A funding round was led by Moderne Ventures with strategic participation by The Travelers Companies, according to an announcement sent exclusively to Inman on Tuesday
by Craig C. Rowe Dec 7
Homebuilders avoid mass layoffs as brokerages post big hiring month
Sales of new homes have suffered, but plenty of projects remain active. Homebuilders have yet to make steep cuts to their payrolls, according to the US Bureau of Labor Statistics on Friday
by Daniel Houston Dec 2
Home tours plummeted by half this year in Western states
Nationwide, home showing activity in October was down 27% year over year. In the West, the drop-off was nearly twice as steep
by Daniel Houston Dec 1
Redfin economist: 'We're going to have pain' while high inflation lasts
Daryl Fairweather also said during her Yahoo Finance appearance that 'demand is very weak' as both homebuyers and sellers take a breather from the housing market
by Jim Dalrymple II Nov 30
saw, sharp, cut
The company won the 2022 Pitch Battle sponsored by the National Association of Realtors, claiming a $15,000 prize from Second Century Ventures, NAR's for-profit investment subsidiary
by Craig C. Rowe Nov 28
7 things agents can be grateful for in 2022
Opinion
Real things to be thankful for when the market feels more than a little bittersweet. There are many things to celebrate so grab a seat, pass the yams and prepare to cheers the year that seemingly teaches us a new lesson every day
by Rachael Hite Nov 22
Investor activity plunged at rates similar to the Great Recession in Q3
The slowdown was most dramatic in COVID boomtowns like Las Vegas and Phoenix, according to a new analysis Tuesday by Redfin, which examined real estate investment activity in 40 metros
by Taylor Anderson Nov 22
Pending home sales post record drop as deals die and price cuts soar
Inflation and mortgage rates took a hefty toll on homebuyers in October, with a record 60,000 home-purchase cancellations during the month, according to new data released Monday
by Marian McPherson Nov 21
Mortgage rates dropped faster this week than at any time in 40 years
The fall from 7.08% to 6.6% would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin
by Taylor Anderson Nov 18
Here's what you need to know about Opendoor Exclusives
The iBuyer has launched a new marketplace to connect homebuyers and sellers. The move comes as the housing market continues to slow and as iBuyers face gathering headwinds
by Jim Dalrymple II Nov 18
JPMorgan is set to become America's next big landlord
Weeks after the banking giant unveiled a new property management system for rentals, JPMorgan announced it's investing in a $1B single-family built-for-rent venture
by Taylor Anderson Nov 17
With homes selling slower, agents want more from brokers
Agents face a tougher path to revenue than they did last year. Their brokerages can help, Keith Pike and Donnie Pingaro argued Thursday during a Connect Now virtual session
by Daniel Houston Nov 17
As Fed walks a tightrope, the balance may swing on housing
Central bank policymakers are trying to tame inflation while avoiding a deep recession. The home market could throw a wrench in those plans
by Daniel Houston Nov 16
Home flippers search for ‘creative deals’ as high rates cool the market
The fix-and-flip housing market continues to shrink as real estate investors struggle to find deals. High interest rates are to blame, according to a new John Burns Real Estate Consulting survey
by Taylor Anderson Nov 15
Single-family rent growth slows for fifth-straight month in September
Rent remained 10.2% above September 2021 levels and 22.6% compared to 2 years earlier, according to the single-family rent index from property data information company CoreLogic
by Taylor Anderson Nov 15
Proptechs iGuide, HouseLens enter into software collaboration
Digital marketing and a compelling online presence will be more important than ever, especially on mobile devices, according to a new National Association of Realtors' report
by Craig C. Rowe Nov 14
5 housing proposals on midterm ballots — and how they shook out
In dozens of communities across the U.S., affordable housing was on the ballot in the midterms. Here's how some of the biggest proposals did as results were still being tallied
by Daniel Houston Nov 14
New Agent Lifesaver: What do I do when another agent fails to disclose property defects?
Opinion
What do you do when you find out that the agent on the other side of the transaction has not disclosed major property defects? The answer isn't as easy as you think
by Rachael Hite Nov 14
Matterport posts Q3 revenue gains while narrowing its losses
The virtual tour software company posted $38M in revenue, up from $28.4M in Q2, avoiding headwinds that have ensnared others in the real estate space, according to earnings on Thursday
by Taylor Anderson Nov 11
hundred dollar bills lined up
All-items inflation rose 7.7% in October — down from September's 8.2%. Although its welcome news, housing economists say it'll take until 2023 for homebuyers to see the savings
by Marian McPherson Nov 10
Annual home price gains fall to single digits in most markets: NAR
Annual home price growth fell from 14% in the second quarter to below 9%, according to the National Association of Realtors latest quarterly metro home price report, released Thursday
by Daniel Houston Nov 10
A misty forest
North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents
NAR's 2022 data just dropped. 9 lead gen strategies to act on now
The newly released NAR 2022 Profile of Home Buyers and Sellers is packed with powerful data to guide your lead generation efforts in 2023
by Bernice Ross Nov 9
3 in 10 homes on market are newly built, the highest share in decades
A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin
by Daniel Houston Nov 8
Steve McQueen's former Malibu home hits market for $16.995M
The home contains multiple decks with views of the Pacific, a surfboard storage room, a private staircase to the beach and main rooms that seamlessly transition onto its deck
by Ben Verde Nov 8
Homesellers are slashing prices. Here's how to spot deals right away
Homebuyers searching for price cuts on search portals are sure to get lucky if they check on this specific day of the week and check back again after 3 weeks, according to a new analysis by Zillow
by Daniel Houston Nov 7
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
US hiring remains strong, but other sectors outpace real estate
Real estate employers added about as many jobs in September as would normally be expected this time of year, despite the market downturn
by Daniel Houston Nov 4
Those claims of appraisal bias? Another study backs them up
Homes in white neighborhoods are valued twice as high as those in communities of color, even in places with otherwise similar housing stock, according to a study out this week
by Daniel Houston Nov 3
Share of first-time buyers plummets to lowest level since 1981: NAR
Rising home prices, mortgage rates and inflation cut the share of first-time buyers to 26% — the lowest level since the National Association of Realtors began surveying buyers and sellers in 1981
by Marian McPherson Nov 3
Prices may be dropping, but homes still have loads of equity
As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in Q3 2022, according to a new report from Attom.
by Daniel Houston Nov 2
Deal falling apart? 10 solutions to keep things moving forward
In today's complex market, it takes give-and-take on both sides of the transaction to make sure you get to the closing table
by Cara Ameer Nov 2
After stable stretch, lumber's roller coaster ride scales yet another hill
Lumber futures were trading at $454 per thousand board feet Monday after ascending to $539 per thousand board feet the week earlier, according to numbers tracked at Nasdaq.com
by Daniel Houston Nov 1
The 7-day home sale is a rarity again as market slowdown continues
The median home for sale is spending 45% longer on the market than it was at this time last year, according to Zillow's research team
by Daniel Houston Oct 31
My home has a basement dungeon. Can I include it as part of the GLA?
'Barbarian' became a runaway hit in October, but the Airbnb-referencing horror flick also raises a thorny issue for agents: What rooms can be listed as part of a property's total square footage?
by Ben Verde Oct 29
Park City, Utah City Council votes to limit where Pacaso can buy homes
Legislators declined to label it a 'timeshare' company, but approved rules that would set limits on where Pacaso can operate. The vote could set the stage for challenges elsewhere in the US
by Taylor Anderson Oct 28
As US economy zigs upward again, real estate sags
Hits to broker commissions and home construction drove a decline in real estate gross domestic product in Q3 of the year, new data shows
by Daniel Houston Oct 27
In the short term, home prices will fall. But then what, economists ask
Affordability concerns weigh on nearly every corner of the housing market as the economy tips toward a possible recession, according to a new survey of real estate experts
by Daniel Houston Oct 27
Q4 shows continued rise of properties in foreclosure: Report
The number of homes in some stage of the foreclosure process rose 27.4% compared to the year before, with the number of vacant homes in foreclosure rising for the third straight quarter
by Taylor Anderson Oct 26
Not a one-off: Home prices dropped further — and faster — in August
A reversal in home price growth in July deepened into August as prices declined by 0.9%, according to the latest S&P CoreLogic Case-Shiller report. They remained up 13% from last year
by Daniel Houston Oct 25
Splitero expands equity-sharing service into Colorado, Washington
The expansion comes as 85% of homeowners with a mortgage have a rate far below the current 7% yet high equity in their home. Splitero said expansion plans will continue in other states in 2023
by Taylor Anderson Oct 25
Bored apes and Dogecoin. LA ‘Crypto House’ listed for $1.2M
The owner created a house that’s fit for Airbnb, complete with walls lined with NFTs, memes and other relics of crypto’s heyday. It's for sale for about 20.4M Dogecoins
by Taylor Anderson Oct 21
California Association of Realtors apologizes for racist past policies
'The Association was wrong.' The trade group says it's taking 'bold action' to address the legacy of discrimination that continues to impact access to housing today
by Andrea V. Brambila Oct 20
Now is the time to have answers to the toughest questions, trainers say
Agents who can handle clients' concerns in a shifting market will continue generating business in tough times, Keller Williams and Reali trainers said at Inman Connect on Wednesday
by Taylor Anderson Oct 19
Top producers share how agents can dominate their markets this fall
During an Inman Connect panel, industry experts recommended that agents be ready to provide more context to buyers and sellers and be proactive about building relationships
by Taylor Anderson Oct 19
Following slow September, single-family housing starts plunge 18%
Single-family projects took yet another beating in September, declining nearly 5% from the previous month and 18% year over year, according to data Wednesday from the US Census Bureau
by Daniel Houston Oct 19
Homebuilders suspect demand for new homes will fall even further
With sales already slipping off highs from earlier in the pandemic, a survey of builders released Tuesday by the National Association of Home Builders suggests the bleeding may have just begun
by Daniel Houston Oct 18
3 leaders reveal the 'blessing and curse' of the fall housing market
During Inman Connect, Tommy Choi, Quintavius Burdette and Vanessa Bergmark share their unique challenges as the market shifts and how they're preparing their clients for success
by Marian McPherson Oct 18
Inflation up 8.2% over last year — and housing is largely to blame
Government’s estimate of the cost of owning a primary residence rose 0.8% in September and was up 6.7% compared to a year ago, which is the largest 12-month increase in the category's history
by Daniel Houston Oct 13
Homebuilding materials remain 38% costlier than normal
Acquiring construction materials remains expensive for homebuilders, even as a reduction in demand may be relieving supply chains, according to data from the US Bureau of Labor Statistics
by Daniel Houston Oct 12
CertifID gets tougher on wire fraud with PayoffProtect
The company says its software locks down the typically manual process surrounding the payoff request with machine learning to verify the wiring instructions
by Craig C. Rowe Oct 11
Lumber prices see stable week after falling to normal levels
Construction costs remain high. But one of the biggest headaches for builders — obtaining lumber at a steady price — may be normalizing
by Daniel Houston Oct 11
What do fast-cooling markets have in common? These 5 offer a hint
In some of the nation's most quickly slowing housing markets, the number of new listings is twice the number of recent sales, according to an analysis by SmartAsset
by Daniel Houston Oct 10
Pacaso homes: What is it and how does it work?
Pacaso has emerged as a leading second-home platform in the real estate co-ownership market. Here’s how real estate agents can earn more by selling one-eighth shares in any market
by Taylor Anderson Oct 10
Real estate jobs hold strong even as sales slip, summer ends
Real estate hiring bucked seasonal expectations for September, reflecting steady payrolls despite a weakening sales environment, according to new data from the US Bureau of Labor Statistics
by Daniel Houston Oct 7
The most advantageous time to buy a home is right now, new data shows
The housing market's summer rush may have lessened the impact of a deep drop in demand, according to new data from Attom. But what will happen in the historically slow months of fall?
by Daniel Houston Oct 5
Vishal Garg opens up about the rise and fall of Better.com
'To be absolutely blunt, I'd never managed more than 10 people in my life.' Better CEO talks to Insider after months out of the spotlight while the company struggled through market downturn
by Taylor Anderson Oct 4
Homebuyers, lenders increasingly wise to flood risk: Zillow
Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding
by Daniel Houston Oct 4
United Real Estate expands reach with new Jacksonville acquisition
The deal brings 400 new agents into the network and will see the Jacksonville, Florida, brokerage operate under the new name United Real Estate Gallery and retain all current leadership
by Ben Verde Oct 4
Nester unites nerds and contractors, lifts curtain on housing costs
The startup company's model is yet another great example of how real estate market and consumer services data can coalesce to improve how buyers and sellers respond to the market
by Craig C. Rowe Oct 3
In 3 months, spending on new home construction fell by 9%
August numbers show spending on new single-family homes dropped to a seasonally adjusted annual rate of $436B, a 2.9% fall from July, according to US Census Bureau data released Monday
by Daniel Houston Oct 3
'Don't wait until the plane crashes': Lawyers offer grim antitrust update
Chris Osborn, Mitch Skinner and Claude Szyfer offered an update on multiple industry antitrust lawsuits at the Council of Multiple Listing Services' annual conference
by Andrea V. Brambila Sep 30
Too big an ask? Homesellers struggle to find the right comps
The home that sold down the street a few weeks ago might not be a good guide for how to price yours, according to new data from Redfin
by Daniel Houston Sep 30
Knock on wood: Cost of lumber drops back to pre-pandemic levels
Lumber futures have fallen back to where they were before the pandemic ignited a boom in housing and stretched supply chains to the limit, according to data compiled by Nasdaq
by Daniel Houston Sep 30
Sundae rolls out set price buying tool for investors
Online property marketplace, geared toward buyers selling properties as-is, launches Purchase Direct, which lets investors see the set price of a home and move straight to making an offer
by Taylor Anderson Sep 29
Home affordability stabilizes, but remains tough nearly everywhere
It's still expensive to buy a home in nearly every part of the country. But for most buyers since the start of July, things didn't get worse, new data shows
by Daniel Houston Sep 28
Markets in the Midwest, East Coast are weathering headwinds the best
New Redfin report finds markets in the Midwest and East Coast are weathering the market slowdown better than anywhere else. Chicago, Milwaukee and Albany, New York, top the list.
by Taylor Anderson Sep 27
With rent high and sales slow, more owners are becoming landlords
The slowdown in home sales, paired with the meteoric rise in rent, has more homeowners looking to become landlords rather than sell their homes in this market
by Taylor Anderson Sep 27
The pandemic-era home price boom has ended — and now we know when
Two major estimates of home prices now concur: The uninterrupted string of monthly increases came to an end this July, according to new data released Tuesday from CoreLogic and the FHFA
by Daniel Houston Sep 27
Judge 'baffled' why Anywhere won't give up NAR commission rule docs
Judge M. Page Kelley pushed back against the real estate holding company formerly known as Realogy, noting that NAR's broker commission rule is 'virtually identical' to that of MLS PIN
by Andrea V. Brambila Sep 26
Agent Outlook: Life events will still drive home sales, you can hang your hat on it
Opinion
The market may be slowing in some areas, but it will not come to a complete halt. Eric Forney of Livian shares this week's market insights and says that life events will keep consumers buying
by Eric Forney Sep 26
Fello, a hybrid iBuyer, keeps sellers engaged and agents front and center: Tech Review
Opinion
Admittedly, Fello is somewhat hard to summarize, but know above all else, it is agent-centric and technology-driven. No one is getting left out of the deal here, especially the consumer
by Craig C. Rowe Sep 23
A new normal, or a ‘new weird’? Home prices climb despite 6% rates
As mortgage rates rose in recent weeks, so did home prices and purchase-loan applications. It's a strange time, a Redfin economist says
by Daniel Houston Sep 22
How Realtors can guide clients to a transparent buying process
Companies seeking to use technology to add transparency and reduce friction in the homebuying process are particularly useful now, experts said during an Inman Connect Now virtual event
by Taylor Anderson Sep 22
In a downturn, real estate agents should market with future in mind
Agents who lean into this down market stand to gain market share that could benefit them for years, real estate executives argued Thursday at the Inman Connect Now virtual event
by Daniel Houston Sep 22
Adiós America! Far Homes' $2.25M seed funding helps buy abroad
'Their business will benefit their customers, colleagues and communities, not just themselves and their other shareholders,' said Redfin CEO Glenn Kelman
by Craig C. Rowe Sep 21
Don't expect mortgage rate relief in 2023, Fannie Mae warns in forecast
Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is under control
by Matt Carter Sep 21
This is the 'fastest-slowing' housing market in the US, new data shows
The slowdown in housing has been 'fastest slowing' on the West Coast, where prices in some markets have already fallen by 2 percent since July, according to a new analysis by Redfin
by Daniel Houston Sep 21
The benefits of the 'Great Housing Boom' will ring out for years to come
Opinion
The entire country experienced a housing boom that set off a neighborhood infrastructure metamorphosis. Even with the housing market flipped upside down, the benefits are boundless
by Brad Inman Sep 21
Zillow's US home-value estimate drops for 2nd consecutive month
Zillow has lowered its assessment of home values nationwide as the market continues to muddle through an ongoing slowdown in real estate
by Daniel Houston Sep 19
Fed finds grim outlook for housing in latest Beige Book
The housing market remains stilted by high mortgage rates with hopes for a turnaround dim, according to the Federal Reserve
by Ben Verde Sep 16
Swanepoel says this company is still ‘the 800-pound gorilla’ in real estate
Several newer brokerages have made big strides. But real estate executive Stefan Swanepoel says one established juggernaut still looms large: The holding company formerly known as Realogy
by Daniel Houston Sep 15
RealScout launches 19th Buyer Graph in Southwest Florida
14 brokerages have partnered to launch the Southwest Florida Buyer Graph, which hosts real-time anonymized buyer data and habits and climate risk data
by Marian McPherson Sep 15
These 3 US states have the most vulnerable housing markets by far
Three states alone accounted for 33 of the 50 markets most vulnerable to a housing downturn in the second quarter, while the South and Midwest remained stable, according to data from Attom
by Taylor Anderson Sep 15
Mortgage rates pass 6% as demand for loans continues dramatic fall
Purchase loan applications fell 29% from the same period last year, the result of rising rates that are double their levels from 2021, according to the Mortgage Bankers Association’s weekly index
by Daniel Houston Sep 14
Housing inflation isn't slowing yet. And it may prove tough to tame
The slowing housing market has yet to significantly reduce costs for most Americans. But economists believe more rate hikes may be on the way
by Daniel Houston Sep 13
America's newest houses face a heightened risk of wildfire
More than half of the homes built since the start of 2020 are at an elevated risk of wildfire. Redfin's research team takes a look
by Daniel Houston Sep 9
Tables turn as market conditions begin to favor buyers, survey says
Fannie Mae's National Housing Survey suffered its sixth-straight month of declines — and the lowest reading in a decade — as market conditions pushed buyers and sellers to the sidelines
by Marian McPherson Sep 8
Against the odds, some buyers are returning to newly built homes
Homebuilders are reporting shorter construction timelines and fewer supply-chain issues as they deal with a drop in demand for new houses, according to a new survey of homebuilders
by Daniel Houston Sep 8
US home equity has reached new heights. What happens next?
Gains in household real estate equity have far outpaced growth in US mortgage debt, according to new numbers from the Federal Reserve board
by Daniel Houston Sep 6
Is it cheaper for me to rent or buy in today’s market?
Give your buyers the information they need to stay motivated to buy against rising prices, rents and rates. Homeownership is still key
by Bernice Ross Sep 6
WATCH: If marketing properties is your thing, this is your time to shine
A rebalancing market can be painful for agents. But it also presents opportunities for them to show off their marketing prowess, C-suite executives said last month at Luxury Connect
by Daniel Houston Sep 2
Sellers’ strike? New listings fell in August as active listings increased
Inventory rose due to a steep drop in homebuyer demand and homes that are spending more time on market while sellers pulled back on listing new properties, according to Realtor.com data
by Taylor Anderson Sep 1
Home sales have so much further to fall in 2023, Goldman Sachs says
House purchases are expected to plummet further in the closing months of the year, and the recovery may not pick up speed until 2024, according to a new forecast from the investment bank
by Daniel Houston Sep 1
Buyers are leaning on contingencies to bail out of deals, Redfin CEO says
During his latest appearance on CNBC, Redfin CEO Glenn Kelman shared how buyers and sellers are locked in a battle of the wills as the market slowly shifts in buyers' favor
by Marian McPherson Sep 1
Court tosses Zillow FSBO antitrust and false advertising lawsuit
Picket Fence Preview alleged that Zillow 'hijacked inquiries from deceived buyers' for its agent advertisers, but the court said the plaintiff failed to allege harm to consumers or competition
MLS-listed homes sell for more, a new study claims. But there's 1 twist
Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale
by Andrea V. Brambila Aug 31
No offers on your latest? 8 ways to kick start a stale listing
Wondering what to do about that 'stale bread' listing? Here's how to get it noticed for all of the right reasons
by Darryl Davis Aug 31
The deadline to take Better.com public has been extended again
Better still searches for options to remain a private company as the deadline to become a publicly traded company was pushed to March 8, according to a filing with the SEC
by Taylor Anderson Aug 29
Gary Keller has a theory about what a successful agent’s day looks like
Real estate agents don't have to be on edge all the time to be top performers — as long as they nail this part of the day, Gary Keller said Wednesday at Keller Williams' Mega Camp event
by Daniel Houston Aug 25
Gary Keller nudges agents to keep slowdown in perspective
The founder of Keller Williams reminds agents that it's still a seller's market and stresses lead generation amid the ongoing slowdown
by Daniel Houston Aug 23
WATCH: Like it or not, the blockchain is coming to real estate
At Inman Connect Las Vegas earlier this month, executives behind the blockchain company Consortia discussed ways the business of buying and selling real estate could change overnight
by Daniel Houston Aug 23
Gary Keller: The current market is 'the most confusing I've ever seen'
At Keller Williams' annual Mega Camp conference, founder Gary Keller prepared agents for a rough 2023 as slowing home sales and other economic factors push everyone to the brink
by Marian McPherson Aug 23
Revive Real Estate hires former NAR incubator executive
Real estate venture capitalist Kia Nejatian joins the renovation startup as the company anticipates growth in a buyer's market
by Andrea V. Brambila Aug 23
Home sales projected to fall 16.2%, Fannie Mae says in new forecast
Economists expect 5.78 million homes to change hands this year, representing a 16.2% decline from a year ago — a steeper drop than the 15.6% pullback forecast in July
by Matt Carter Aug 22
Tiny home startup looks to disrupt by building with recycled plastic
Azure Printed Homes uses recycled plastic as its building material. The company said its goal is to develop homes faster, more economically and with much less of an environmental impact
by Ben Verde Aug 22
Following 6-month slowdown, the home-sale boom may finally be over
Home sales were down 19% year over year in July, a sign the pandemic-era boom in housing demand may be in the rearview mirror, according to new data released Monday by Redfin
by Daniel Houston Aug 22
After a decade of uninterrupted rise, Zestimates are dropping
'While July’s housing market data update is big news, and could get first-time buyers’ hopes up, the future is unlikely to bring meaningful improvement to housing affordability,' Zillow says
by Daniel Houston Aug 18
Can you find the real Zillow Gone Wild comments about this house?
An upscale property in New York state bears a striking resemblance to a clunky vehicle in Star Wars. Can you figure out what Zillow Gone Wild fans had to say about the property?
by Jim Dalrymple II Aug 17
When will buyers quit canceling contracts? Not yet, apparently
More buyers have been backing out of deals than at any time since the early weeks of the pandemic. And in July, that share ticked up again, according to a new report from Redfin
by Daniel Houston Aug 16
New home starts fall sharply: 'The whole housing sector is in retreat'
The number of new construction projects for single-family homes dropped by 10% in July, the steepest decline of the year, according to the US Department of Housing and Urban Development
by Daniel Houston Aug 16
5 overlooked home markets poised to keep rising in value in 2023
A housing slowdown is underway throughout much of the country. But these 5 local markets may be positioned to weather the storm, according to new data from Moody's Analytics
by Daniel Houston Aug 15
Home offers facing competing bids have plunged over the past 6 months
Fewer homebuyers are facing even a single competing offer. And when buyers find themselves in bidding wars, the field is less crowded, according to a report from Redfin
by Daniel Houston Aug 12
Home price growth is scaling back, but not everywhere at once: NAR
Single-family homes saw a double-digit annual rise in sale prices in 148 of 185 metro markets in Q2, but overall numbers point to a housing market in opening stages of a cooldown, report says
by Daniel Houston Aug 11
Loan applications for home purchases continue 6-week slip
Purchase loan activity has dropped in 5 of the last 6 weeks as some buyers remain wary, according to the Mortgage Bankers Association
by Daniel Houston Aug 11
Housing ever costlier in July, despite inflation's sudden dropoff
A steep drop in gas prices offset the rising costs of housing and food for many families. Prices were still up 8.5% year over year, says a report from the US Bureau of Labor Statistics
by Daniel Houston Aug 10
Zillow launches 'Zillow Surfing 2.0' nationwide to automate floor plans
Zillow is branding around the idea of 'Zillow Surfing,' the consumer habit of using the site's extensive listing content as a time-killer and a way to scroll through what else is out there
by Craig C. Rowe Aug 10
More people than ever ask Google: ‘Will the housing market crash?'
Interest in the housing market has peaked on Google, with searches for whether a crash is imminent shooting up. The spike suggests homeowners are nervous about their market timing
by Daniel Houston Aug 10
Home inventory rose at record pace in July, despite fewer new listings
The long-awaited recovery in home inventory is in full swing. It's not being driven by a rise in new listings but by the ongoing slowdown in demand from buyers, according to Realtor.com
by Daniel Houston Aug 9
Fathom Holdings doubles revenue in Q2 as mortgage business struggles
The brokerage's revenue grew 52 percent annually in the second quarter, reaching $128.2 million, up from $84.2 million last year, according to an earnings on Thursday.
by Daniel Houston AND Ben Verde Aug 4
3 luxury agents share how to be 'damn good' anywhere
Peter Prudden, Dee Dee Guggenheim Howes and Neyshia Go share at Inman Luxury Connect, how they've built robust businesses in their respective markets by focusing on consumer needs
by Marian McPherson Aug 2
'We're in a market of opportunity': Luxury execs share ways to thrive
At Luxury Connect, Sotheby's International Realty CMO Brad Nelson, Engel & Volkers CEO Anthony Hitt and Douglas Elliman CEO Scott Durkin share advice on wielding a market shift
by Marian McPherson Aug 2
Home sales should be falling, but not this fast. Here are 3 things to watch
Homebuying power has been in decline but the market fundamentals remain as strong as they were in 2019. Here is some advice from First American Chief Economist Mark Fleming
by Daniel Houston Aug 2
Homebuyers sue REX after losing $140K in wire fraud scam
The complaint alleges negligence and breach of fiduciary duty after an unknown third party impersonated the brokerage's title company and sent the buyers fraudulent wiring instructions
FTC fines Opendoor $62M for allegedly 'tricking' consumers
Regulators with the Federal Trade Commission on Monday accused the iBuyer of 'cheating' and 'tricking' consumers. Opendoor disagrees with the allegations but has agreed to settle the case
by Jim Dalrymple II Aug 2
These are the 10 states where homes are taking the longest to sell
Homes in New York state take an average of 130 days to get an offer and close a deal. That's longer than anywhere else in the US, according to a new study from online bank Tangerine.ca
by Jim Dalrymple II Aug 2
MarketBuy's open offer listing model officially makes US debut
MarketBuy's Will Farmer leads its official expansion into the states as its North American head of growth. He will attend Inman Connect, eager to pitch what the company can do for listings
by Craig C. Rowe Jul 28
Commission study paid for by HomeServices comes under fire
The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it's based on a faulty premise
by Andrea V. Brambila Jul 27
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
Tongue-tied when explaining your commission? You need this list
Opinion
Every dollar counts, especially in a tight economy. If you are not explaining the full depth of your services, sellers may want to cut your commission short
Home price growth reached point of sustained slowdown in May
Mortgage rates began to take a toll on price growth as early as this spring. But prices remained more resilient than other market indicators, according to the S&P Corelogic Case-Shiller Index
by Daniel Houston Jul 26
Cheat Sheet: 9 essential real estate reads you need right now
Opinion
Short on time for reading? Check out this cheat sheet for the best real estate reads for your business and get inspired in a flash
by Jimmy Burgess Jul 26
After discrimination reveal, LIBOR to tackle fair housing on Long Island
The Realtor organization's new campaign comes after a sweeping investigation in which journalists found endemic discrimination among Long Island's real estate community
by Jim Dalrymple II Jul 25
Seller's market? Buyer's market? The pendulum is swinging
Homes are still selling, but the ongoing market shift is giving homebuyers more and more leverage everyday, agents and economists told Inman this week
by Jim Dalrymple II Jul 22
@properties CEO Thad Wong says he’s ‘looking forward to a downturn’
Ahead of Inman Connect Las Vegas, the leader of the Chicago-based brokerage said he's better positioned than Redfin and Compass to grow into a changing market
by Taylor Anderson Jul 21
Vanguard Properties promotes industry leader to executive role
Nina Dosanjh has worked in real estate for 12 years. She acts as treasurer for the San Francisco Association of Realtors and was named among Inman's Real Estate Influencers of 2017
by Taylor Anderson Jul 20
The international buyer pool dropped to a new low last year
Foreign buyers, either noncitizens living in the US or those with permanent homes outside the country, scooped up 98,600 existing homes between April 2021 and March 2022, NAR reports
by Taylor Anderson Jul 20
Half of Redfin home offers now face no competing bids, new report says
In the month of June, just under 50% of home offers written by its agents faced competition on a seasonally-adjusted basis, the lowest rate in over 2 years, the brokerage reported Wednesday
by Daniel Houston Jul 20
Inflation is hitting migration hotspots hardest, new study says
Q2 Consumer price growth exceeded 10% year over year in Phoenix, Atlanta, Miami and Tampa — each of which had among the nation’s strongest net inflow of interest in moving
by Daniel Houston Jul 19
As buyers balk, some homebuilders dread the months to come
Builder sentiment dropped at the second-fastest pace of the last two decades as construction companies began cutting costs, according to the National Association of Home Builders
by Daniel Houston Jul 19
Relying on optimism to get you through? 5 critical steps to take instead
Opinion
In an overheated seller’s market, it does not take a rocket scientist to sell a home. However, as the market turns, the need for real skill emerges
by Carl Medford Jul 18
The long-awaited recovery in home inventory is gaining steam
The fast-paced cycle of the typical US home sale has begun to slow, paving the way for a recovery of the nation's depleted home inventory
by Daniel Houston Jul 15
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
HomeJab unveils new way to market properties — on the blockchain
The photo and video service company now helps agents market properties directly to crypto enthusiasts. Agents can request a free, real-estate-backed NFT, the company announced
by Daniel Houston Jul 12
Interest rate hikes keep Miami the least affordable city in the nation
Buyers would have to spend 86% of their income to afford the $600,000 median home price, according to new research released Monday from RealtyHop
by Taylor Anderson Jul 12
Mike DelPrete: In cooling market, agents are in for a 'dogfight'
Real estate tech expert Mike DelPrete will share what companies are doing to emerge victorious amid uncertainty at Inman Connect Las Vegas next month
by Andrea V. Brambila Jul 12
Does a jump in demand fully explain the pandemic housing market?
A new report from the US Federal Reserve suggests it was spiking demand — not a lack of homes for sale — that sent prices skyrocketing over the past 2 years
by Jim Dalrymple II Jul 12
What to do when a customer calls about a home that is sold
Opinion
For too many agents, a call after the listing is sold is ignored. Instead, make it an opportunity and a springboard for adding value
by Tom Toole Jul 11
Everything you need to know about the bombshell commission lawsuits
A slew of lawsuits may radically change how agents get paid and real estate generally. Here's Inman's deep dive into what's going on and what it all means
by Jim Dalrymple II Jul 9
Matterport continues its expansion by acquiring VHT Studios
Company says purchase will help it ‘expand further into the real estate industry,’ as it specializes in providing brokers and agents with high-quality photography and other marketing services
by Taylor Anderson Jul 8
More than half of homebuilders report cancellation uptick in June
In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first set in during March of 2020
by Daniel Houston Jul 8
New York's priciest listing, once asking $169M, returns to market
The Alexander Team takes over after SERHANT. listed the 8,255-square-foot penthouse last year. Now, the Alexander Team is in search of a 'true collector' to determine the value of the home
by Taylor Anderson Jul 8
More than 700 agent steering calls suggest price-fixing, lawyers charge
In new court filings in the Moehrl case, lawyers singled out hundreds of phone calls — far more than previously reported — in which agents steered business away from discount brokerage REX
June jobs report reveals impact of layoffs on real estate industry
Fears of impending recession and a spate of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the US Bureau of Labor Statistics
by Daniel Houston Jul 8
Is your 2022 business plan holding up? Time for a reboot
Opinion
Many agents are taking a beat to rethink their business plans they wrote at the beginning of 2022. Is your plan ready to shift with the market?
by B. J. Sonderman Jul 8
Better hires new head of sales and VP of marketing
The company continues its quest to go public despite turmoil in the market. New executives are a mix of recent hires and internal promotions
by Taylor Anderson Jul 7
What happens to buyers' agents if the bombshell lawsuit explodes?
Multiple lawsuits are challenging the way agents get paid. Inman asked experts what that means, and how the future of real estate might evolve as a result of changes to the commission structure
by Jim Dalrymple II Jul 7
You are your brand: How I went from MMA fighter to award-winning Realtor
Opinion
Do you have what it takes to win in the rough-and-tumble world of real estate? Learn how this current team leader and former MMA champ built his brand and took his business from nothing to No. 1 in just a few years
by Paul Domenech Jul 7
Don't leave money on the table: 3 tips for listing agents in a cooling market
Opinion
Lady luck has nothing to do with that stellar price that smart agents snag for their sellers. Here are just a few strategies to help your sellers come out on top in this cooling market
by Julie Busby Jul 7
Anywhere COO Melissa McSherry: We're sure of our place in real estate
Anywhere Chief Operating Officer Melissa McSherry dished on the Realogy rebrand and her plans to revolutionize real estate through technology ahead of Inman Connect Las Vegas
by Marian McPherson Jul 6
Frustrated with inventory? 5 tips for getting creative
Opinion
Many agents are frustrated with low inventory on both sides of the transaction. Try these strategies to create inventory for your clients and find a pathway to under contract
by Julie Busby Jul 6
'Radical' and 'doomed': The case against the 'bombshell' Moehrl suit
The real estate establishment's latest salvo against the so-called 'bombshell' buyers' agent case is a sprawling, 3,000-page argument against granting class-action status in the Moehrl federal suit
Wary sellers back off asking prices in June housing slowdown
The typical asking price for a home on the market took a modest downward turn in late May and early June, a sign of a softening market
by Daniel Houston Jul 1
Tim Heyl lays out the 3 key issues Power Buyers should focus on today
Power buyers became synonymous with cash offers during the first 2 years of the COVID housing market. Homeward's CEO shares what's next for the sector ahead of Inman Connect Las Vegas
by Taylor Anderson Jul 1
Remote work's impact on real estate will linger — possibly forever
The CEO of IBM, which employs hundreds of thousands of people, recently described remote work as 'the new normal.' And that translates to permanent changes to the housing market
by Jim Dalrymple II Jun 30
Will the Fed kill crypto? Real estate agents plot future of blockchain
Ahead of Inman Connect Las Vegas, Teresa Grobecker and Kevin Cottrell of Real Estate Consortia discuss efforts to standardize the blockchain's role in home sales
by Daniel Houston Jun 29
When exactly was the turning point for home price growth?
At the year's outset, housing experts wondered when the market's rapid price growth might begin to slow. New data from S&P CoreLogic Case-Shiller Home Price Index provides fresh clues
by Daniel Houston Jun 28
Shut the front door! This 1 design choice can net sellers $6,500 more
Homebuyers love bold neutrals on front doors, while they eschew unorthodox shades like pink and cement grey, according to survey results released Thursday by Zillow
by Marian McPherson Jun 23
Agents: Beware the pessimists predicting crash as market shifts
Real estate agents can keep clients informed about a changing market without buying into doomsday proclamations, 3 top brokers argued on Thursday at Inman Connect Now
by Daniel Houston Jun 23
What other agents are highlighting (and hiding) in listing photos
Using fancy computer techniques, researchers analyzed more than 14,000 photos of homes for sale. From bedrooms to decks, here are the most popular features
by Daniel Houston Jun 22
Gen Z flunks homeownership test — but other age groups not far behind
Fewer members of Generation Z said they were 'handy' than older groups did in a recent poll, with Generation X tallying the highest scores in a survey of 1,049 people conducted by CraftJack
by Daniel Houston Jun 22
The seller's iron grip loosens as bidding wars ease, price cuts rise
The slowing demand for homes is affecting the balance of power between buyers and sellers, according to 2 new reports from Redfin
by Daniel Houston Jun 17
iBuyer survey reveals how much less sellers would accept for their homes
Clever's 'American Attitudes on iBuyer Companies' survey of 994 people reveals numerous facts about consumers and iBuyers, including the lengths they'd go to avoid a more traditional sale
by Craig C. Rowe Jun 16
Could mortgage rates fall? Agents react to biggest rate hike in 28 years
Reaction to rate hike was mixed on Wednesday as real estate agents noted what they saw as a clear signs of a ‘transitioning market.' Economists say mortgage rates could actually dip
by Taylor Anderson Jun 16
Rise, fall, repeat: The biggest housing surprises of 2022  (so far)
Heading into 2022, forecasters at Realtor.com set expectations for where the home market would go. Halfway in, they're taking a second look
by Daniel Houston Jun 15
Moliving's nomadic hotel concept to pop up 1st site in NY's Hudson Valley
Out to 'democratize the hotel industry,' new modular home manufacturer aims to turn landowners into sustainable hoteliers in weeks, not years
by Craig C. Rowe Jun 14
StreetEasy adds ShowingTime tour scheduling feature
Starting this month, StreetEasy users will have free access to ShowingTime's tour scheduling platform. The platforms will also provide training sessions for agents and brokerage partners on best practices
by Marian McPherson Jun 14
Customers are telling us what they want. We need to listen
Opinion
Today's consumers are not shy about voicing what they want, and savvy agents know how important it is to listen
by Kris Lindahl Jun 14
Keller Williams partners with homeselling program 72SOLD
The program aims to list and sell homes within 72 hours. With the partnership, KW agents across the globe will receive 72SOLD training for a referral fee
by Marian McPherson Jun 13
Don't blame investors for run-up in home prices, Freddie Mac says
Researchers at the mortgage giant point to 4 things that drove the meteoric rise in home prices over the past few years. Investors weren't one of them
by Taylor Anderson Jun 13
How to execute on giving your team what they need to grow
Opinion
Can your team thrive with their current support system? Strong leaders know that agents need tech and tools that work to achieve measurable growth
by Mauricio Umansky Jun 13
6 steps to increase diversity in both your office and business plan
Opinion
Studies show that businesses that embrace diversity are more successful than their competitors. Team leaders should reevaluate their workplace and business plan for growth for today's modern consumer
Compensation frustration: Here are 9 alternatives to your non-compete
Opinion
The truth hurts. Your non-compete may be holding your team back from retaining talent
by Donald "Dek" Bake Jun 13
With Zillow out of the picture, share of iBuyer purchases takes a hit
The share of homeowners who sold to an iBuyer declined in the opening months of 2022, as Zillow continued its exit from the business
by Daniel Houston Jun 13
5 low or no cost ideas for thrifty 1st year real estate agents
Ouch! With inflation at an all time high, 2022 first-year agents may be feeling the burn more than their previous class. Read this to help create some room in your budget
by Darryl Davis Jun 11
Sotheby's, Ben Caballero, sweep RealTrends The Thousand rankings
Caballero completed $1.98B in sales volume in 2021, and Sotheby's International Realty boasted the most agents in the individual agent by sales volume category
by Lillian Dickerson Jun 10
‘Call, text, email and hope to still get drinks’: How agents connect in 2022
A plethora of communication options for agents exist, but real estate agents told Inman email is still the best option for managing transactions and covering your tail if trouble comes calling
by Marian McPherson Jun 10
Sales declines, price drops and the return of buyer incentives: Oh my!
It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey
Move acquires real estate agent marketplace UpNest
Move has acquired real estate agent marketplace UpNest for an undisclosed amount. UpNest will be used to bolster Realtor.com's buyer and seller services, the company said
by Marian McPherson Jun 8
Mystery phone caller
Homeowner plaintiffs allege Realogy uses its corporate structure to profit from and escape liability for letting its agents violate the law through 'incessant unwanted telemarketing calls'
What are the odds of a housing bubble? 114 experts weigh in
More than 100 housing experts surveyed by Zillow generally agreed that housing prices won't face a big downturn. But a mild recession may be in play later this year or in 2023, they believe
by Daniel Houston Jun 7
5 must-have qualities and skills for showing a home
Do you have what it takes to impress buyers while showing homes? These are the five qualities your clients are looking for
by Santiago Arana Jun 7
Appeals court rejects NAR class certification challenge in lawsuit
The ruling means that Sitzer/Burnett moves forward as a multibillion-dollar class action, currently headed for trial in February 2023
Real estate agents received billions in PPP loans during the pandemic
More than $3.9B in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80% of that amount was forgiven
by Daniel Houston Jun 6
Amid market jolt, hiring continues in residential development sector
Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures
by Daniel Houston Jun 3
KW demands REX turn over audio recordings in commission suit
The real estate franchisor has subpoenaed the discount brokerage for recordings of all in-bound calls, not just those purporting to show agent steering, in multibillion-dollar class-action case
Zombie foreclosures post 1st increase since moratorium's end
The number of vacant properties going through the foreclosure process is up once again to just over 7,500 in Q2, according to Attom Data Solutions, even as fewer total properties lie vacant
by Daniel Houston Jun 1
Lumber prices sawed in half in 2nd pandemic-era plunge
The price of lumber has taken another dramatic downturn, just the latest wild swing for builders in the cost of home construction
by Daniel Houston May 31
Sellers are reducing asking prices. But don’t expect house prices to drop, economist says
Affordability challenges mean some sellers are reducing asking prices, but demand for homes continues to outpace supply, says First American Chief Economist Mark Fleming
by Matt Carter May 27
'Sellers are starting to freak out:' Redfin CEO sees market slowdown
During his latest CNBC appearance, Redfin CEO Glenn Kelman said rising mortgage rates, softening home price growth and changing buyer attitudes are all signs of an impending shift
by Marian McPherson May 27
List prices are finally starting to fall
Nearly 1 in 5 homesellers dropped their listing price during the 4-week period ending May 22, a high watermark unmatched since October 2019, according to a new report from Redfin
by Lillian Dickerson May 27
Pending home sales hits slowest pace in nearly 10 years
Pending home sales dropped 3.9% from March to April, marking the sixth-straight month of declines amidst climbing mortgage rates, according to data released Thursday from NAR
by Lillian Dickerson May 26
Open offer platform Doorsey kicks in the Nashville market
Doorsey encourages sellers and their agents to share as much as possible about the home — exposing warts and all to the open market
by Craig C. Rowe May 25
New home sales hit 2-year low, falling well short of expectations
New home sales took a hit for the fourth-straight month in April as buyers grappled with the new reality of rising home prices and mortgage rates in excess of 5%, according to Census Bureau data
by Lillian Dickerson May 24
Buyers are still fighting hard, despite costly home payments
The monthly mortgage payment on a typical home is more than 50% pricier than it would have been a year ago, according to Zillow's research team, yet competition remains fierce
by Daniel Houston May 19
What's next after housing cools down? This economist has an idea
Mortgage rates are up, and demand for homes is edging down. Redfin Chief Economist Daryl Fairweather laid out a possible scenario of what the months ahead might look like at Connect
by Daniel Houston May 19
Go Brent Realty launches homeowner matchmaking database
The online database is free for homeowners located in the Washington, D.C., metro area, and homeowners can opt to provide as much or as little personal information to Go Brent as they like
by Lillian Dickerson May 18
Homebuyers descend upon a key battleground: the suburbs
The pandemic-era home market has been marked by frenzied competition among buyers. But one arena in particular has been hardest-fought
by Daniel Houston May 18
Competition declines for second straight month, report finds
Just 60.7% of home offers crafted by Redfin agents encountered competition in April — the lowest level since March 2021
by Ben Verde May 18
Pacaso responds to backlash with first-ever economic impact report
Almost a year after streamlining its buy box to avoid median-priced homes, co-ownership platform Pacaso claims it has had a net positive impact on the destinations it operates in
by Marian McPherson May 18
NAR, franchisors face long odds in effort to appeal class action status
NAR and co-defendants Realogy, Keller Williams, RE/MAX and HomeServices of America are asking a higher court to let them appeal a decision to make a commission suit a class action
by Andrea V. Brambila May 18
Black homeownership hasn't slipped, but vast gulf persists
In the first quarter of 2022, just under 45% of Black families owned their home, compared to 74% of white families, according to a Redfin analysis of US Census Bureau data released Tuesday
by Daniel Houston May 17
First rule of housing bubbles? Don't talk about them, economist warns
Zillow Senior Economist Jeff Tucker is skeptical that a housing bubble is looming, but he worries such talk could hurt future buyers in need of homebuilders to continue producing new inventory
by Daniel Houston May 16
What Biden's student loan forgiveness means for real estate
After months of speculation, the Biden administration just announced that it will wipe out as much as $20,000 in individual student loan debt
by Jim Dalrymple II May 13
Buyers now snapping up homes in 15 days despite latest wave of rate hikes
Rising mortgage rates, booming home prices and scant inventory are pushing homebuyers to quicken their plans, according to Redfin's latest market report, released Friday
by Marian McPherson May 13
'I'm with Anywhere': Agents await direction on where Realogy is going
Realogy rebranded as Anywhere on Thursday, surprising agents, industry leaders and branding experts, who were mostly upbeat about what the new name means for the company's trajectory
by Marian McPherson May 13
Can you answer these 10 common questions about your new listing?
Opinion
Only a small percentage of agents can answer these ten questions about their listings. Are you one of the select few who can? 
by Bernice Ross May 13
As hate crimes rose, 70% of Asian buyers moved to safer areas in 2020
Discrimination, mortgage readiness and affordability continue to be significant hurdles for Asian American and Pacific Islander communities, according to new report released Wednesday
by Marian McPherson May 12
Find hidden listings in your market with a CMA-a-day campaign
Opinion
Stop trying to sell homeowners on selling their homes. Instead, offer value with this simple, proven technique for listing lead gen
by Tom Toole May 12
Lumber prices seesaw lower, and some homebuilders aren't happy
The price of lumber took a big dip to start the week, just the latest unexpected shift in the cost of building a new home
by Daniel Houston May 11
Tell us what real estate investment news you want Inman to cover
Inman’s Property Portfolio was created for small-time investors and property managers. What are you most interested in learning more about?
by Taylor Anderson May 10
Death knell for disputed love letter ban as Oregon concedes court ruling
Oregon's ban on homebuyer love letters would be ruled unconstitutional if a judge accepts a deal the state has struck with the brokerage that filed suit against the ban last year
by Daniel Houston May 9
More sellers are dropping their prices, but buyers see little relief
15 percent of homesellers dropped their asking price during the four-week period ending May 1, compared to nine percent of sellers last year
by Ben Verde May 9
Real estate hiring keeps pace with strong US jobs growth
Real estate employers — a category that includes brokerages — added 6,100 jobs in April, a rate that matched national monthly jobs growth
by Daniel Houston May 6
Redfin takes in nearly $600M in Q1 revenue as market share grows
Revenue, market share, web users and homes sold by RedfinNow all rose. But the company reported a $90.8M net loss in a Q1 earnings call on Thursday
by Taylor Anderson May 5
This might be the most wonderful time of the year (for homesellers)
Sellers get the best premium on their homes when they sell in mid-to-late May. The late weeks of spring are more profitable than early ones, according to a new report from Attom Data Solutions
by Daniel Houston May 5
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
Is now a good time to buy a home? Agents confront mortgage riddle
Buyers have watched mortgage rates shoot from 3% to 5% this year alone, and that common refrain — 'Is it really the best time to buy?' — is always top of mind for clients, agents told Inman
by Daniel Houston May 4
Secondary markets drove home price growth in Q1: NAR
The National Association of Realtors' latest quarterly housing market report revealed buyers' search for cheaper housing led booming home price growth in Florida and other smaller markets
by Marian McPherson May 3
Family, staff and hours: 7 sacrifices agents are making amid tough times
As they consider the uncertain future ahead, here's what real estate agents are giving up in their professional and personal lives
The US economy's run stalls, but real estate forges ahead
The nation's gross domestic product shrank in the first three months of 2022, overshadowing a strong period for residential investment
by Daniel Houston Apr 28
How much has the industry changed for LGBTQ agents? Not much
The LGBTQ+ Real Estate Alliance's latest member survey reveals the continued challenge discrimination poses, despite the increase in diversity and inclusion initiatives
by Marian McPherson Apr 26
Home prices soared 20% annually in February. Analysts say we've peaked
Prices grew at the third-fastest annual pace in 35 years, according to the US National Home Price Index, released Tuesday. Since then, experts have observed early signs of a cooling market
by Daniel Houston Apr 26
Bidding wars dip for first time in 2022 — but competition still fierce
New data from Redfin shows the market in March was slightly less brutal than one month prior
by Jim Dalrymple II Apr 25
Here's where short-term rental demand is surging, dropping
Occupancy rates dipped slightly in March, but it wasn’t for lack of demand. Travelers drove prices up over 10 percent year over year
by Taylor Anderson Apr 25
3 ways real estate industry pros can thrive in strange times
A trio of industry leaders urged agents and brokers to try new things and focus on building their roster of clients during an Inman Connect New York panel on Wednesday
by Jim Dalrymple II Apr 20
Can buying a home be as easy as pie? KW tapped Domino's engineer to see
KW President Marc King, Douglas Elliman CEO Scott Durkin and Rocket Mortgage EVP Christian Wallace discuss the barriers to creating a fully digital transaction at Inman Connect
by Marian McPherson Apr 20
Tomi Rose says being a good agent can include filling in for Uber
Top-performing agents share what it takes to succeed in real estate in 2022 during the second day of Inman Connect in New York
by Taylor Anderson Apr 20
4 predictions for what's coming next in real estate
Real estate leaders gathered Tuesday at Inman CEO Connect to discuss what kinds of changes might shape the next chapter in the housing business
by Jim Dalrymple II Apr 19
Agents, put your phones down
Frances Katzen and Brian Lewis reveal how they got deals worth tens of millions during Inman Connect New York session
by Andrea V. Brambila Apr 19
Former Zillow CEO Spencer Rascoff says CoStar is 'rooting for chaos'
The CEO-turned-proptech investor warns a government probe into cooperative compensation between agents could be a 'black swan' event that benefits CoStar
by Taylor Anderson Apr 19
Power Buyer Knock enters Seattle market, adds jumbo mortgages
To serve 5 new markets in Washington, Knock has partnered with local real estate brokerages, half of which are affiliated with Keller Williams
by Matt Carter Apr 19
Despite March’s home sale slump, prices grow at fastest clip since 2013
Nearly 4% fewer homes sold in March than did the month before, after accounting for seasonal factors. Prices rose by 6%, the largest monthly price increase since 2013
by Daniel Houston Apr 15
Homie to expand Power Buyer program amid surge in demand
The expanded program and a new buy-before-you-sell offer will be unveiled in Colorado and Utah in the next 2 weeks, followed by Arizona, Nevada and Idaho, executives told Inman exclusively
by Taylor Anderson Apr 14
Property tax hikes slowed last year even as home sale prices soared
The average property tax bill rose by 1.8 percent in 2021. That's the lowest increase in years, despite record home price growth, according to a new report from Attom Data Solutions
by Daniel Houston Apr 14
The iBuying lessons Jason Aleem is bringing to Redfin's sales team
After helping Redfin's iBuyer business navigate a period of change, Jason Aleem is now tasked with leading its sales team into the next era
by Daniel Houston Apr 13
Inflation hits 8.5%, highest mark since 1981. Housing is only part of it
Rents rose by 0.4% from February to March — a slowdown from recent months even as gas and food costs spiked, according to the latest Consumer Price Index released Tuesday
by Daniel Houston Apr 12
Home equity investment startup Splitero launches, raises $5.8M
The fintech startup offers home equity investments of up to $500,000 without income or credit score requirements and no monthly payments. The funds have a 30-year repayment period
by Andrea V. Brambila Apr 12
Homeowner support grows for mother-in-law units: Survey
Homeowners, long resistant to new apartments in their neighborhoods, are increasingly open to other ways of adding housing units, according to a new survey by Zillow
by Daniel Houston Apr 11
Keller Williams Pres. Marc King has a plan for unproductive agents
Keller Williams President Marc King says the company has a TBA plan to help the 80% of agents who are underproducing level up — playing to the company's belief that the agent is always no. 1
by Marian McPherson Apr 11
Trying to expand your database? Here's a 5-step plan
Opinion
Your SOI consists of a group of people who already know you well. Developing a plan to grow this group over time will become a huge source of repeat and referral business
by Stan Ponte Apr 8
As supply dwindled, nation's biggest brokerages gained market share
The biggest real estate brokerages and franchise networks made big gains in market share in 2021 and accounted for 61% of home sales, a new report reveals
by Daniel Houston Apr 7
Trulia's former president on what makes a 'world-changing' company
Ahead of Inman Connect New York this month, former Trulia president and current proptech investor Paul Levine talks iBuying, company culture and the future of real estate
by Taylor Anderson Apr 7
Mortgage rates surge to 5% as era of the ultra-cheap loan begins to fade
After hovering near 3% for nearly 2 years, mortgage rates have rebounded faster than expected. But amid uncertainty, economists are divided on whether 5% rates are here to stay
by Daniel Houston Apr 7
The 10 remodeling projects that bring homeowners joy — and cash
Hardwood floors, upgraded insulation and closet renovations brought satisfaction and the most bang for the buck, according to NAR and the National Association of the Remodeling Industry
Quiz: Guess how all those pandemic-era remodeling projects panned out
A new National Association of Realtors study details remodeling projects that brought the most joy and best returns on investment. Can you guess what they are? Take Inman's quiz to find out
by Taylor Anderson Apr 6
‘New York market remains a juggernaut’ in Q1, condo sales thrive
Quarterly market reports released this week from several area brokerages revealed a luxury market in high demand, with climbing prices and little inventory
Millennials ditching starter homes will lead summer inventory boost
Realtor.com's latest housing report revealed 64% of homesellers plan to list their homes by October. Millennials are primed to lead the charge as they ditch starter homes for bigger abodes
by Marian McPherson Apr 6
Reports of 'Great Migration' may be greatly exaggerated, new study says
Most homebuyers considering a move are looking to relocate relatively close to their current home, according to new data released Thursday from proptech company OJO Labs
by Ben Verde Apr 4
Home prices may be 'unhinged' from fundamentals, Fed analysts say
For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests
by Daniel Houston Apr 1
This is the best time of year to list your home, according to Zillow
Data from the online listings portal Zillow reveals that Thursdays in late April might just be the best time to list for the greatest reward
by Ben Verde Apr 1
Revive releases app to help sellers, agents manage pre-sale renovations
The app, called Revive Home, allows all parties involved in the renovations to communicate via direct chat, insert renovation updates and store critical documents
by Craig C. Rowe Mar 31
New tools from Clear Capital facilitate desktop appraisals
Real estate agents and brokers approved by Clear Capital provide property information that supplements data from public sources, helping appraisers complete accurate desktop appraisals
by Matt Carter Mar 31
House flipping is resurgent. But is it still profitable?
Investors flipped more homes in 2021, balancing a welcome fast-moving market with an unwanted and precipitous decline in gross profits that brought them down to 2008 levels
by Daniel Houston Mar 31
How real estate will look in 2030: The view from Disconnect
Top real estate leaders met for 3 days this week in Palm Springs, California, at Inman Disconnect to arrive at predictions for the future of real estate. Here's what came out of those conversations
by Taylor Anderson Mar 31
Home affordability erodes at fastest annual pace since 2004
Despite record-high prices, homes remain much more affordable for buyers than they were in 2006, but buying power has taken a big hit lately
by Daniel Houston Mar 30
A comprehensive guide to finding inventory in today's market
Here, Inman has created an extensive resource for ways to find inventory — from old-school methods to more creative approaches — when it seems like there's nothing left on the shelves
by Lillian Dickerson Mar 30
One third of millennial homeowners looking to sell within a year: Survey
A Coldwell Banker survey found that 35% of millennial homeowners and 44% of Gen Z homeowners plan to sell within a year and expect their agents to be social media savvy
by Ben Verde Mar 29
The condo recovery is underway — but houses remain hotter
Competition for condos has been fierce in the past year as buyers once again looked for homes nearer their cities' urban centers
by Daniel Houston Mar 29
As homebuyers pine for options, startups scramble to fill the void
A new class of tech company is responding to the home inventory shortage by taking sellers to the edge of the MLS — and sometimes beyond — with off-market appeals and more
by Daniel Houston Mar 29
The homebuilding supply chain is broken. How can we fix it?
As homebuyers falter under the weight of scant inventory and booming home prices, everyone is counting on homebuilders to tip the scales by increasing supply. However, the specter of The Great Recession and coronavirus-induced supply chain issues means help — for builders and buyers — is far away
by Marian McPherson Mar 28
Compass completes its remarkable climb to become top producer
Compass completed $251.1 billion in transactions last year, more than any other brokerage firm. HomeServices of America had the most sides
by Taylor Anderson Mar 25
Pending home sales dip for 4th consecutive month
Pending home sales decreased 4.1% in February from the previous month, and were down 5.4% from the same period last year
by Ben Verde Mar 25
RealScout kicks off 2022 with record-breaking buyer graph in New Jersey
25 brokerages have partnered to launch the New Jersey Buyer Graph, which hosts real-time anonymized buyer data and habits, and climate risk data.
by Marian McPherson Mar 25
The 42 best and worst real estate agents in movie history, ranked
In honor of the 94th Academy Awards this Sunday, Inman combed through dozens of movies — including a few killer alien flicks — to see what Hollywood really thinks of the real estate industry
by Jim Dalrymple II Mar 25
RentPath rental listings go live on Redfin's real estate portal
For the first time, Redfin users will now be able to search the Seattle-based brokerage's online listing portal for homes and apartments for rent, it was announced Wednesday
by Daniel Houston Mar 24
Buyers shift gaze to unstarted builds as new home sales drop
Homebuilders sold more unstarted homes in February, but these gains were more than offset by a decline in sales for homes under construction, according to the US Census Bureau
by Daniel Houston Mar 23
Millennials glow up: Tech savvy age group nears 50% share of US buyers
In 2021, millennials made up the largest share of buyers at 43%, up from 37% in 2020, according to the National Association of Realtors' Home Buyers and Sellers Generational Trends Report
by Andrea V. Brambila Mar 23
Compass knocks Realogy from top of T3 Sixty rankings after 23 years
Real estate analytics firm T3 Sixty's latest Real Estate Almanac revealed how complicated the answer to 'Who's the biggest brand in the industry?' can be, with Compass, Realogy and Keller Williams ruling their respective business models
by Marian McPherson Mar 23
Charting her course: How real estate empowers women
Real estate is a great industry for women to work in regardless of their age, and the best opportunities are for salespeople, says Realtor Teresa Boardman
by Teresa Boardman Mar 23
Judge allows sale of troubled mega-mansion, concluding 10-year saga
Approved by a bankruptcy judge Monday, the $126M sales price for 'The One' caps a decade-long saga of construction delays and price overruns. Approval came over objections from creditors
by Taylor Anderson Mar 22
Inman Connect New York
Are you ready to grow your real estate business? Connect with the smartest real estate pros and learn their secrets at ICNY
by Jodie Cordell Mar 22
Why social media is crucial to every real estate agent in 2022
With 3.6 billion people globally on social media, there is no better place to get eyes on your listings. Here's how to leverage those platforms and your audiences and convert them into closings
by Victoria Kennedy Mar 22
Spring sprang early: 11th-hour tips to win the hottest season of the year
Due to a rush of activity this winter, agents didn't have time to pause and prepare for real estate's busiest season. Luckily, agents can still harness these 6 tips to position themselves for success
by Lillian Dickerson Mar 18
COVID caused a 'Great Reshuffling.' Soaring costs are behind a new wave
With priced-out buyers seeking to relocate this spring, real estate agents stressed the importance of referral networks as the latest migration wave comes on the heels of an overheated market
by Taylor Anderson Mar 17
Fresh off more layoffs, Better names new head of human resources
Richard Benson-Armer, who had been serving at the mortgage company on an interim basis, has been named the company’s Chief people, performance and culture officer
by Taylor Anderson Mar 16
Inman Connect Now Series
Tim Heyl shares his insights on what's ahead and how to prepare at Inman Connect Now
by Jodie Cordell Mar 16
Spring Open House
The weeks leading up to the spring homebuying season have coincided with an uptick in open house activity unseen since before the pandemic, real estate agents told Inman
by Daniel Houston Mar 16
Forget conventional wisdom! The new rules for buyers
Opinion
You may think you know how to talk to buyer leads but today's market offers different challenges. Avoid these three things in your first contact with a buyer
by Jeff Glover Mar 15
Zillow's Susan Daimler on the tech giant's mysterious 'super app'
Ahead of Inman Connect New York, Zillow's president dished about the company's goal to build a housing super app, its interest in power buyers and why housing should be 'delightful'
by Andrea V. Brambila Mar 14
Will Washington be the second US state to limit love letters?
An effort to ban possibly discriminatory homebuyer love letters fell short in the Washington State Legislature, but could come back next year
by Daniel Houston Mar 10
‘They told us … to not worry’: Better staff share their layoff stories
Severance pay arrives early. Work computers shut down. Former Better employees describe how they found out they were let go Tuesday
by Taylor Anderson Mar 9
These 10 states have the highest vacancy rates in the nation
Approximately 16 million homes sit vacant across the United States, according to a recent study from LendingTree
by Ben Verde Mar 8
What love letters? Homebuyer notes slow to resume since ban lift
The first legal 'love letters' have started to trickle in after Oregon's ban was halted last week. But so far, buyers are taking it slow
by Daniel Houston Mar 8
Ever show the wrong house? This agent did — and it went viral
An agent mistakenly showed a house neighboring one for sale, as captured by Ring camera footage that has gone viral on TikTok
Spencer Rascoff is bullish on iBuying. Here’s why
Ahead of Inman Connect New York, the former Zillow CEO and 'serial entrepreneur' spoke about how he leads teams, the value of Pacaso and why he's sticking with iBuyers
by Taylor Anderson Mar 8
To call or not to call: What if FSBOs are on the Do Not Call list? 
Opinion
Real estate professionals can — and should — help FSBOs and expireds make the most informed decisions about their real estate best interests
by Darryl Davis Mar 8
winning
Opinion
Running a real estate business requires you to excercise many of the same mental muscles that runners do when they train
by Jimmy Burgess Mar 6
Judge orders Oregon to pause its homebuyer love-letter ban
A U.S. district judge agreed these letters can lead to discrimination, but said the state law goes too far in restricting free speech
by Daniel Houston Mar 4
Prices surged in February amid ‘extreme shortage of homes’
The median home-sale price rose to an all-time high of $363,975 in February, and Russia’s war on Ukraine is partially to blame, a new Redfin report says
by Taylor Anderson Mar 4
Nikki Field on Manhattan's luxury market and disruption abroad
Nikki Field, founder of The Field Team in Manhattan, spoke to Inman about women in leadership, working alongside her daughter and how a team member went missing in Moscow
by Taylor Anderson Mar 4
Hyped as America's priciest home, ‘The One’ sells for $126M at auction
Once valued at $500M, the home in the Los Angeles neighborhood of Bel Air was auctioned off earlier this week to pay hundreds of millions in debt accrued during the decade it took to build
by Taylor Anderson Mar 4
Home lending activity drops at fastest pace in 3 years
Loan activity dropped 11%, the fastest rate of decline since 2019, according to Attom Data Solutions. Refinance, purchase, home-equity mortgages were down in the fourth quarter of 2021
by Taylor Anderson Mar 4
Prospects on the fence? Here's how to get them to make a move
Opinion
Overcome the client's uncertainty and lead them toward the best decision for their circumstances. Here's how to reach out to on-the-fence prospects, earn their trust and snag the client for life
by Tom Toole Mar 4
Offerpad expands California reach with Sacramento entry
The iBuyer’s newest market comes just two weeks after its first launch in the Golden State, where it is avoiding costlier coastal cities
by Taylor Anderson Mar 3
'Mortgages in Russia will die': Agents in Moscow fear worst as Ukraine invasion intensifies
Western sanctions are driving up mortgage rates in Russia to previously unseen levels. Inman spoke with Russian-based real estate insiders about how decades of gains are slipping away
by Daniel Houston Mar 3
IBuyers purchased over 70K homes in 2021, doubling previous record
'IBuyers purchased 70,402 homes in 2021, more than double the previous annual high of 32,726 homes in 2019,' according to Zillow's Q4 iBuyer report
by Taylor Anderson Mar 2
Porch's 2021 losses top $109M as company keeps eye on expansion
Despite overall losses, the home services marketplace's revenue more than doubled in 2021. The company says it may be profitable this year
by Taylor Anderson Mar 1
Fifth Wall real estate investment firm bails on latest plan for SPAC
Fifth Wall had planned to raise up to $150M to create a SPAC focused on investing in the real estate industry. The company would have traded on the Nasdaq under the ticker FWAB
by Taylor Anderson Mar 1
Homebuilding innovator Veev raises $400M in Series D round
The funding will help to spread the company's proprietary home construction method that curbs carbon dioxide emissions by 47% compared to traditional methodologies
by Craig C. Rowe Mar 1
Pending home sales dip amid anticipated 'retreat' in demand
The number of homes that went pending in January, a leading indicator of future sales, fell 9.5% year over year, according to data released Friday by the National Association of Realtors
by Daniel Houston Feb 25
Mortgage payments shoot past their 2007 highs — and at faster pace
Rising home prices don't always mean higher monthly payments. But as the pandemic-era market wears on, buyers are increasingly feel the squeeze
by Daniel Houston Feb 25
How to beat iBuyers every time
Help clients sell on the open market, avoid giving away huge amounts of their equity to iBuyers and, if eligible, work with a Power Buyer to buy their next home before selling their current one
by Bernice Ross Feb 25
Is social media actually bringing you business?
Real estate agents are led to believe that there is a correlation between social media success and real estate sales success. It's time to separate facts from wishful thinking
by Teresa Boardman Feb 25
New home sales falter in January, but more inventory in the pipeline
Homebuilders have made strides in replenishing inventory, but much of it remained under construction as sales took a hit in January, according to data from the US Census Bureau
by Daniel Houston Feb 24
6 creative ways to reboot a chilly lead
Instead of focusing on the results themselves, focus on the activities that drive results. Use these methods to re-engage after an initial conversation and land the listing
by Tom Toole Feb 24
Home prices are still on a tear, but there’s no doubt growth is slowing
Houses sold for 3.3% more in the fourth quarter of 2021 than they did in the third quarter, even as the pace of growth slowed again, according to the latest House Price Index report from the FHFA
by Daniel Houston Feb 22
Families aren't only buyers feeling heat from Wall Street investors
Smaller real estate investors are also feeling the impact of a new wave of institutional investors into markets across the country, economists and investors told Inman in the wake of new data
by Taylor Anderson Feb 22
How real estate agents can work with RedfinNow
Redfin's iBuyer, RedfinNow, forgoes incentives for agents but offers a dedicated customer service team and local title options. Here’s how to get started
by Daniel Houston Feb 22
10 things agents should stay focused on in 2022 
It’s time to shake things up and do things a little differently. Lean into these best practices and smart strategies for a successful year
by Darryl Davis Feb 21
Gary Keller calls 2022 'uncharted territory' in Family Reunion speech
In a 2.5-hour opening address at Keller Williams' 2022 Family Reunion, Gary Keller said agents can navigate the 2022 housing market with good data and excellent service
by Marian McPherson Feb 20
Hybrid brokerage Luke offers agents another option: Tech Review
Opinion
There is a new breed of brokerage sprouting through the cracks of expansion created by the need to meet consumers in new places, and they're heavily leveraging in-house technology to deliver totally unique real estate experiences
by Craig C. Rowe Feb 18
Don’t take hot market for granted, California economist warns agents
Jordan Levine, the chief economist for the California Association of Realtors, delivers mixed forecast despite good economic outlook during an Inman Connect Now session Thursday
by Taylor Anderson Feb 17
How fortitude can transform your real estate business
Fortitude may be an old-fashioned word, but it has never been more relevant as we sail through a pandemic, shifting markets and a world full of uncertainty
by Carl Medford Feb 17
Builders remain confident as they 'wait months' for cabinets and doors
Homebuilders remained optimistic in February, but moderated their expectations amid supply-chain issues and rising mortgage rates, according to data from NAHB released Wednesday
by Daniel Houston Feb 16
Facade Flags Justice Department Building Washington DC
Janette Miller of Miller & Perotti Real Estate Appraisals in California argues that the Fair Housing Act doesn't apply to appraisers, but a federal regulator disagreed this week
by Andrea V. Brambila Feb 16
With vacancies piling up, San Francisco weighs 'empty homes tax'
Proposed ballot measure would impose a tax on housing units that sit empty. The measure would apply to condos and apartments.
by Taylor Anderson Feb 15
Start strong: 5 strategies for new real estate agents
Keep up your enthusiasm because that will be important when you later have those “remember why you started” moments
by Darryl Davis Feb 13
Zavvie to offer concierge pre-sale services through Revive
'Buyers are willing to pay more for a ready-to-live-in home,' says Michael Alladawi, co-founder of Revive
by Craig C. Rowe Feb 11
Want privacy as a luxury buyer? In info age, don’t count on it, agents say
Publicity around celebrities buying and selling homes has long been a given. That doesn't mean they like it. Agents told Inman that protecting clients' privacy has become a full-time job
by Taylor Anderson Feb 11
7 Jim Rohn nuggets of wisdom every real estate agent needs
Daily disciplines, seizing opportunities and embracing change are among Rohn's most effective messages. Use them to change your business
by Jimmy Burgess Feb 11
What's behind highest inflation since 1982? Just ask homeowners
The prices of shelter, food and electricity rose substantially in January, driving most of the inflation felt throughout the US, according to Bureau of Labor Statistics data released Thursday
by Daniel Houston Feb 10
More restrictions expire, ushering in new wave of home foreclosures
The number of homes with foreclosure filings rose 29% in January as lenders took advantage of expiring federal restrictions, according to new data from Attom Data Solutions
by Daniel Houston Feb 10
Houlihan Lawrence dual agency case is now a class action lawsuit
The New York- and Connecticut-based brokerage says it will appeal the ruling, which will allow plaintiffs to sue on behalf of some 20,000 homebuyers and sellers going back more than a decade
Pros and cons of a cash deal on a home purchase or sale
While cash may be king in some markets, closing with greenbacks may not always be the best option for homebuyers or sellers
by Jenny Usaj Feb 9
Warts and all: Some agents are now pitching the good, bad and the ugly
The unorthodox sales strategy has become necessary amid the pandemic as more and more people look to relocate, Realtors say
by Ben Verde Feb 8
Salvage a failing real estate deal with these 3 tips
The most common culprits for hindering an agreement are often avoidable missteps. Be prepared to guide your clients
by Santiago Arana Feb 8
Metaverse investors to real estate agents: Butt out
Janine Yorio, CEO of Republic Realm, said the role of a third-party broker in digital worlds may look unlike its counterpart in reality. 'In the crypto world, the middleman is the villain,' she said
by Daniel Houston Feb 7
31 can't-miss marketing strategies from real-life agent experience
Darryl Davis culls the best from three powerful agent brainstorming sessions to help you reach your target audience
by Darryl Davis Feb 7
19 tips for writing an airtight real estate contract
Ensure both you and your client are protected with practically perfect contract writing using these 19 tips
by Cara Ameer Feb 7
hundred dollar bills lined up
Understand and believe in what you bring to the equation, and you'll be able to speak from your heart and not your head to earn both the trust and business of your sellers
by Darryl Davis Feb 5