Anywhere tallies another profitable Q3 despite revenue decline
Anywhere Real Estate reported revenue of $1.6B and a profit of $129M for Q3, ending with $151M in cash and cash equivalents
by Ben Verde Oct 24
Renters rejoice! Rental rates fell for 5th straight month in September
Rents for studio, 1-bedroom and 2-bedroom units fell 0.7 percent between August and September, according to Realtor.com
by Ben Verde Oct 23
Pacaso to stuff stockings with 2nd-home shares
On Black Friday and Cyber Monday this year, 2nd-home co-ownership solution Pacaso will offer 0% interest on shares in select homes within its marketplace for the first 3 years of ownership
by Craig C. Rowe Oct 20
Mortgage rates ease after Powell weighs in on impacts of tightening
The Fed chair acknowledged that elevated term premiums — higher rates of return bond investors are demanding to compensate them for risk — could reduce the need for further rate hikes
by Matt Carter Oct 20
Here's how to stop a vacant land scam with a single email
Opinion
Security expert Robert Siciliano teaches you the 5 red flags for this scam and shows you how to put a stop to this type of real estate fraud with a simple and effective email response
by Robert Siciliano Oct 20
Existing-home sales droop as mortgage rates hit 20-year highs
Home sales fell 2% between August and September and retreated 15.4% from a year ago as prices and interest rates climbed
by Ben Verde Oct 19
Buyers continue downward spiral, but new listings may be steadying
Homebuyers are backing away from the market as mortgage rates continue to climb. But new listings aren't declining as quickly, Redfin reports
by Daniel Houston Oct 19
Broker Spotlight: Victoria Levitam, The Agency Panama
Learn how this broker combines the power of commitment and a relationship-driven approach to create exceptional outcomes for her clients
by Christy Murdock Oct 19
Home values surge to new record as median prices climb to $350K
The median US home price rose to $350,000 in the third quarter, 2% higher than the previous record set just a quarter earlier, according to new data released Thursday by Attom
by Ben Verde Oct 19
Mortgage applications hit 28-year low as bond selloff keeps rates up
Mortgage rates continued their relentless rise this week to levels not seen in 2 decades, fueled by a bear market for bonds that fund government borrowing and most home loans
by Matt Carter Oct 18
Inman Intel Index: Real estate leaders brace for dizzying change
The inaugural Triple-I survey went out to the Inman community last month, and the results are here. Dig into 126 pages of deep, exclusive findings, only for Intel subscribers
by Daniel Houston Oct 18
Housing starts tally 'unexpected' uptick amid rising mortgage rates
New housing starts increased 7% in September to a seasonally adjusted rate of 1.36M, or 7.2% below the levels seen in September 2022, according to Census Bureau data released Wednesday
by Ben Verde Oct 18
Chris LeBarton: How the Inman Intel Index changes the game
Inman Director of Research Chris LeBarton has started tracking industry sentiment at a time of major change. He shared his insights from results of the Triple-I survey — and what comes next
by Daniel Houston Oct 18
Economists now less certain 2024 will bring much mortgage rate relief
Fed's ‘higher for longer’ rate strategy could keep home sales from rebounding in 2024 or limit the strength of a recovery, according to two closely followed forecasts by MBA, Fannie Mae
by Matt Carter Oct 17
Here's how you think Q4 will shake out: Pulse
With chaos in the market (and in the industry) right now, here's what you think will happen next as the year draws to a close
by Inman Oct 17
NAR to shed 1M members if shared commission banned, analysts say
A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30% as a result of ongoing threats to the real estate industry
by Taylor Anderson Oct 16