Homeownership gap between white and Black Americans is widening
In the first quarter of 2021, the homeownership rate among Black Americans was 45.1% compared to 73.8% among white Americans, according to a new survey from Redfin
by Libertina Brandt Jun 30
Why Americans shouldn’t give up on homeownership
Homeownership is one of the primary ways households in the United States build wealth
by Libertina Brandt Jun 28
Seattle skyline
A new Redfin report found that homes in some of America's largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend
by Daniel Houston Jun 23
Rent prices growing faster than pre-pandemic levels: CoreLogic
Rent for a single-family home grew by 5.3% across the country in April, according to the latest report from CoreLogic
Offerpad is a more profitable flavor of iBuying: Mike DelPrete
Offerpad's latest financials strongly suggest that a less venture-funded, less tech-enabled, more real estate-focused, and less breakneck version of iBuying can be (almost) profitable
by Mike DelPrete Jun 10
Average homeowner gained $33,400 in equity last year: CoreLogic
This number represents a 19.6% increase year-over-year, and the highest annual gain in at least a decade
Most pandemic homebuyers remained in the same state: Knock
Nearly three-quarters of pandemic homebuyers moved to a new area, and most were millennials or Gen Z-ers, according to a recent study by Knock
Home prices rise by 13% from last year: CoreLogic
This is the third month in a row that home prices across the country have seen double-digit annual growth
Inman Handbook on taking teams to the next level
Teams are increasingly taking over the real estate industry, redefining what it means to be an agent, a brokerage and a housing professional
by Jim Dalrymple II Jun 1
Pending-home sales take 4.4% hit in April
In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5% from March to April
by Lillian Dickerson May 27
Zillow's uphill battle to attach mortgages: Mike DelPrete
Opinion
Zillow's experience shows that adding ancillary services is a long, slow road that requires big investment, patience, and a smart, consumer-first approach
by Mike DelPrete May 26
A national home value downturn isn't in our future. Here's why
Opinion
Windermere Chief Economist Matthew Gardner dives deeper into the timeline of events that led to the 2007 crash, comparing then and now. Here's why he speculates there's no real reason to expect a widespread, systematic decline in home prices in the foreseeable future
by Matthew Gardner May 26
US home prices soared in Q1 thanks to housing shortage, mortgage rates
Boise, Idaho, experienced the steepest price hikes in the country at 28.2%, according to the Federal Housing Finance Agency House Price Index released Tuesday
Home prices skyrocketed in March, notching biggest gain since 2005
Home prices rose 13.2%, according to the S&P/Case-Shiller US National Home Price Index
Nearly 75% of offers written by Redfin agents entered bidding wars in April
Low mortgage rates and a historic inventory shortage is leading to an ultra-competitive market in most American cities
Zillow vs. realtor.com: Mike DelPrete on their battle
Despite all of the activity of the major portals, the monetization ratio has remained constant
by Mike DelPrete May 11