Federal judges side with plaintiffs in Chinese buyer ban hearing
2 of the 4 plaintiffs who filed a lawsuit in November against Florida's foreign buyer ban have been awarded a temporary injunction that allows them to resume stalled transactions
by Marian McPherson Feb 6
Sluggish net new listings signal that the lock-in effect is not over
Home valuation platform HouseCanary's January housing report revealed persistent skittishness among homesellers, as net new listings tumbled 17.5% from January 2023
by Marian McPherson Feb 5
Investment sales dropped 45% in Manhattan last year
Investor sales in Manhattan had their worst year in the past decade during 2023, if 2020 is excluded, according to a report from Ariel Property Advisors
by Ben Verde Feb 5
A recovery in new listings is easy to miss — but it may be underway
Winter is always slow, but new listings have been trending toward normal levels in recent months, according to a new Intel analysis of US homes for sale. Lower rates may only speed up the process
by Daniel Houston Feb 5
Blowout January jobs report has mortgage rates surging again
Employers added 353,000 workers to their payrolls in January, a 'head scratching' jobs report from the Labor Department that kills prospects for a March rate cut 'stone dead,' economist says
by Matt Carter Feb 2
Rate drop leads to 3rd consecutive month of listing gains
Active and new listings experienced single-digit increases for the 3rd consecutive month in January, according to Realtor.com's latest market report
by Marian McPherson Feb 2
Luxury prices and cash buyers hit a new high to close out 2023
Strategic migration, low inventory and a demand for larger spaces have also contributed to rising luxury prices, agents told Inman, depending on the specific market
Let TikTok's favorite debt expert help skyrocket your credit score
Trainer Bernice Ross talks to popular TikTok credit expert Alisa Glutz to find out how you and your clients can optimize the potential of a credit profile for lower interest rates and better scores
by Bernice Ross Feb 2
Keller Williams settles Sitzer, Moehrl commission suits for $70M
Under the proposed deal, Keller Williams must inform franchisees that offers of compensation are not required. It also agreed to revise training materials and end rules requiring agents to join NAR
Banks from Tokyo to NYC feel the pain as US office market takes a hit
Tokyo's Aozora Bank and New York Community Bancorp posted massive losses tied to commercial real estate loans Thursday morning, an indication that threats to the office sector aren't over yet
by Ben Verde Feb 1
Recapping this year's ICNY and the people vs. tech dilemma
Opinion
ICNY 2024 was a comprehensive and robust gathering of real estate professionals, Bobbie Wasserman writes. It echoed the resilience and adaptability of the industry in a challenging time
by Bobbie Wasserman Feb 1
How agents can identify financial distress warning signs in clients
Over half of Americans admit to browsing Zillow for fun. Luke Babich offers tips on finding serious buyers in the midst of this extra searching
by Luke Babich Feb 1
Watson Salari Group makes it Official, leaves Coldwell Banker
Teammates Brent Watson and Marco Salari will become founding agents for Official in Los Angeles. The team has closed more than $2.75B in career sales
by Lillian Dickerson Jan 31
Fed policymakers want more data, dash hopes of March rate cut
Chair Jerome Powell says a rate cut at the central bank's next meeting is not 'the base case,' with policymakers wanting to see more data showing inflation is on a sustainable path down to 2%
by Matt Carter Jan 31
Illinois Realtors raises $1M war chest to fight Chicago tax hike
Chicago voters are set to decide whether to quadruple the tax buyers pay on residential and commercial properties in the city. Illinois Realtors plans to lead the fight
by Taylor Anderson Jan 31
Applications for purchase loans sag for first time in 2024
Firming up of mortgage rates finally catches up with homebuyer demand, with applications for purchase loans falling by a seasonally adjusted 11% last week, MBA survey shows
by Matt Carter Jan 31