Are sellers getting greedy? Asking prices surge to new record
The median asking price of newly listed homes for sale surged 12% year over year to a record high of $361,250, according to a Redfin report
by Lillian Dickerson Sep 29
US home price growth tallies biggest gain in a generation
Annual price growth soared 19.7% in July, extending a 14-month streak of increases while marking the highest rate of growth since Case-Shiller began recording the data in 1987
For agents, is Clubhouse ‘alive and well’ or ‘yesterday’s special’?
Clubhouse used to be one of the hottest networking apps out there. But now that the hype has died down, Inman asked agents if it was still a platform worth their time
by Libertina Brandt Sep 28
New home sales see modest gains for 2nd consecutive month
Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5% from the revised July rate, according to the US Census Bureau
by Lillian Dickerson Sep 24
Existing-home sales take a U-turn following 2 straight months of gains
Existing-home sales declined 2% between July and August to a seasonally adjusted annual rate of 5.88M, with all geographical regions in the US seeing monthly and annual declines
by Lillian Dickerson Sep 22
Fall housing outlook: Cooling prices, tighter inventory, less competition
As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight
by Lillian Dickerson Sep 22
Rent prices skyrocket yet again: CoreLogic
In July, rent for a typical American property grew by 8.5%
Real estate disruptors get serious about mortgage — and vice versa: Mike DelPrete
Real estate tech companies are going after mortgage, but now mortgage is going after real estate
by Mike DelPrete Sep 14
Foreclosure rate falls to 22-year low with every US state tallying declines
The foreclosures rate fell to 0.2% in June 2021 from 0.3% the previous year, according to data released Tuesday from property analytics provider CoreLogic
These are the most family-friendly suburbs in the US
While not cheap, the suburbs chosen by realtor.com are best-fitted for families with kids
Falling home price appreciation threatens iBuyer profits: DelPrete
IBuyers are closer than ever to profitability. But the overwhelming majority of profits are coming from record home price appreciation, which won't last and is on the decline
by Mike DelPrete Sep 8
US home prices continued rapid climb in the second quarter: FHFA
The second quarter of 2021 marked the 40th consecutive quarter of home price increases, according to Federal Housing Finance Agency data. Prices were up 17.4% year over year
by Lillian Dickerson Aug 31
New home sales rebound in July as prices surge
Sales of newly built single‐family homes hit an adjusted annual rate of 708,000 in July, up 1% compared to the revised June rate of 701,000, according to the US Census Bureau
by Libertina Brandt Aug 24
Zillow's agent revenue lead on realtor.com is slipping: Mike DelPrete
Opinion
The lead may have slipped, but the truth is that both companies are extracting more revenue from agents than ever before
by Mike DelPrete Aug 23
When will prices cool? Here are the factors at play
Opinion
Home prices are spiraling out of control. There are several reasons prices just keep climbing, but it can't last forever. Here's what it'll take for prices to even out
by Andrew Syrios Aug 21
Compass nears profitability, outperforms competition: Mike DelPrete
The hot real estate market has fueled strong growth across the industry. Compass' growth is noteworthy, and it demonstrates that though the industry moves slowly, some players move faster than others
by Mike DelPrete Aug 18