Leaky pipes and stalled elevators: Living a life of luxury at 432 Park
A new report reveals an array of problems in the 88-floor skyscraper dubbed '432 Park Avenue,' prompting a discussion about wealth and how construction influences supply
by Jim Dalrymple II Feb 5
Equity-rich properties make gains in fourth quarter
The number of equity-rich homes in the U.S. made solid gains at the end of last year, and now account for more than 30% of mortgaged properties
Home price growth reaches high unseen since 2014: CoreLogic
Home values increased by 9.2% in December, while inventory dropped 24% below 2019 levels
Zillow orders data company to stop scraping its content
In a cease-and-desist letter, Zillow accused Datafiniti of improperly using its data. Datafiniti, which also appears to have harvested Redfin data, says it scans info the way Google does
by Jim Dalrymple II Feb 2
US inventory plunges to all-time low
Homes for sale in rural areas across the nation were down 44.4% year over year during the four weeks ending Jan. 21, driving an all-time low in active listings, according to Redfin
How real estate is taming the chaos of agent health insurance
Most agents are independent contractors, meaning they don't automatically get health coverage from jobs. But recent years have seen a variety of options cropping up to solve that issue
by Jim Dalrymple II Feb 1
AirDNA: Demand for urban short-term rentals down 55.5%
The company's first monthly market report highlights the continued draw of destination and resort markets for short-term rentals, as well as markets that provide ample opportunity for outdoor activities
by Lillian Dickerson Jan 28
In November, home price gains rose nearly 10% year over year: Analysis
Rising from 8.4% growth the month before, the home price numbers reveal a year in which the pandemic did little to temper sky-high growth, according to new data Tuesday
Beyond the headlines: How will pandemic-driven demand impact sales?
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into January's housing data releases and predicts how the market will fare
by Matthew Gardner Jan 26
As DC readies for new president, agents predict a strong spring
The dawn of a new administration is already bringing hopeful energy to a city that's seen a lot of turmoil in recent months
by Lillian Dickerson Jan 19
MoxiWorks predicts 30% rise in home sales by end of January
If the company's predictions are correct, the US will see 422,000 home sales in January and another 447,000 in February, a significant increase from 2020
by Lillian Dickerson Jan 19
Rent prices growing faster than pre-pandemic: CoreLogic
Widespread unemployment has not managed to dampen rent growth in most parts of the country
Agents are happy with careers despite long hours: Inman survey
Inman's second-annual Agent Appreciation survey revealed that many agents are working every day of the week and that just as many are completely satisfied with their careers
by Jim Dalrymple II Jan 18
Everything to know about how agents are making money in 2022
Most agents' income still comes from commissions, but the compensation landscape has never been in greater flux than it is now
by Jim Dalrymple II Jan 18
2021 market will still be hot, but challenges lie ahead: HomeLight
Over 1,000 HomeLight agents recently surveyed by the referral platform expressed optimism about a hot market in the year ahead, but noted some challenges remain
by Lillian Dickerson Jan 12
Remote work pushed a third of homebuyers to move: Redfin
'We haven't seen the end of pandemic-driven relocation,' Redfin Chief Economist Daryl Fairweather said, adding that an additional 33% of those polled said they would relocate if their current work-from-home situation becomes permanent