Real Estate Markets & Economy
The US Navy will expand a toxic remediation project at the Hunter's Point Shipyard after radioactive findings at the site
For about the last 4 years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported
Home prices and sales have declined as the demand from all buyers, including investors and buyers interested in building homes, has cooled, according to CoreLogic
The iBuyer's revenue declined 24% year over year to $1.5B as losses hit $92M, down from positive income of $23M the previous year
The franchisor's revenue remained flat year over year as it had to make significant payments during the quarter to address the commission lawsuit settlement and a 1999 tax matter
Robert Reffkin said clear cooperation forces homeowners into a system that attaches 'negative insights' to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed
Fed policymakers are acknowledging that while they're determined not to cut rates until inflation is tamed, they're also worried about waiting too long and throwing the economy into a tailspin
Compass brought in $1.7B in revenue between April and June, and managed to add thousands of real estate agents to its ranks, according to Q2 earnings released Wednesday
Pending home sales rose 4.8% in June, with all 4 US regions showing monthly gains in contract signings, the National Association of Realtors reported on Wednesday
In June, 5 of the top US markets showed improvement in housing affordability and supply, according to First American, while other markets with more inventory still saw rising costs
The S&P CoreLogic Case-Shiller Index and FHFA House Price Index showed 'no relief' for homebuyers hoping for falling home prices as mortgage rates remain elevated
Marketing expert Marci James shares strategies designed to help you showcase your value, negotiate commissions with confidence and build a thriving buyer's agent business in 2024
Portfolios of foreclosed and seized office buildings, apartments and other commercial buildings hit $20.5B during Q2 2024, the highest quarterly figure posted since 2015, according to MSCI
Find out how this 3rd generation Realtor puts his background and love of the land to work for clients ranging from farmers to hunters to developers of therapy and religious retreats
A surprising share of homebuyers are seeking to 'move up' in home. And the next wave of clients may have different priorities in mind, according to the Inman-Dig Insights consumer survey
As inflation gets closer to Fed's 2% target, economists at Fannie Mae and the Mortgage Bankers Association predict mortgage rates will continue to drop into the low 6s by the end of next year
A University of Washington study revealed iBuyers give Black homeowners better offers than they receive on the open market. However, those offers potentially come with some longterm tradeoffs
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