Ultra-luxury agent boomerangs from Compass to Keller Williams
Maria Avellaneda rejoins KWNYC after 6 years at Compass. She will focus on ultra-luxury transactions and lead the franchise’s luxury market in the Hamptons
by Taylor Anderson Jul 17
Housing market bubble ready to 'pop' in the South, analyst warns
Nashville-based analyst Nick Gerli sparked a social media firestorm with claims of a bubble. But economists dismissed fears, saying the area is home to some of the 'most normalized' markets
by Marian McPherson Jul 17
Big drop in mortgage rates fuels refis, but homebuyers unmoved
One issue for would-be homebuyers seeking jumbo mortgages is that rates haven't come down as dramatically as they have for conforming mortgages eligible for purchase by Fannie and Freddie
by Matt Carter Jul 17
Number of foreign buyer purchases falls to lowest point since 2009
As the US dollar's value and home sale prices rose from April 2023 to March 2024, international buyers shied away from investing in US real estate, according to a new report from NAR
by Lillian Dickerson Jul 17
A CEO’s perspective on leading through constant change
Leading during times of change is challenging, new Inman contributor Justin Bailey writes, but it also presents an opportunity to propel education, build stronger teams and enhance relationships
by Justin Bailey Jul 17
Market headwinds stifled new construction growth in June
High mortgage rates, slower homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains
by Marian McPherson Jul 17
Waltz provides foreign investors a foot into US real estate
The new company promises to use its software-enabled workflow to reduce administrative hurdles non-citizens face when looking to invest in the U.S., with a timeline of fewer than 30 days
by Craig C. Rowe Jul 17
Ed Zorn: Why mandatory buyer contracts are a 'big consumer win'
California Regional MLS's general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas
by Andrea V. Brambila Jul 17
Engel & Völkers expands brand with new Portland, Oregon, office
Engel & Völkers has entered the Portland, Oregon, market with the opening of its new location, Engel & Völkers Portland Rose City, the firm announced today
by Richelle Hammiel Jul 16
President Biden's 5% rent cap falls flat with industry leaders
President Biden proposed the idea of a 5% rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters
by Marian McPherson Jul 16
housing construction, housing, getty
Builder confidence dropped 1 point in July to 42, according to the latest NAHB Housing Market Index. That's the lowest score since December 2023
by Richelle Hammiel Jul 16
4 ways homesellers can maximize their home's appraisal value
Fair housing expert Dr. Lee Davenport says that your low appraisal may have nothing to do with the lack of landscaping
by Lee Davenport Jul 16
Eviction filings skyrocket 25% above pre-pandemic norms
Fast-growing rents and disappearing rental assistance programs have given way to a concerning rise in eviction filings compared to pre-pandemic norms, 'The Wall Street Journal' revealed
by Marian McPherson Jul 15
Housing inventory is climbing back. So why are leads still lagging?
Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what's working in still-tight markets in new responses from the Intel Index survey
by Jim Dalrymple II Jul 15
Will falling mortgage rates juice the housing market? The Download
As financial targets pave the way for interest rates to (finally) fall, the real estate industry is cautiously optimistic about a late-year boost
by Christy Murdock Jul 13
King Charles III purchases NYC Billionaires' Row condo for $6.6M
News of the condo's acquisition came after 'His Majesty the King in Right of Canada' was listed as a buyer in the Steinway Hall portion of the property
by Richelle Hammiel Jul 12