5 ways to encourage buyers in the current market
If you come from a place of doing good for your buyer clients and being highly aware of the market context, the results will unfold
by Mauricio Umansky Aug 11
Ribbon relaunches power buying services following 9-month hiatus
Nine months after temporarily shuttering its services and three months after being acquired by EasyKnock, Ribbon is now offering cash backing to buyers in Atlanta and Charlotte once again
by Marian McPherson Aug 10
US prices fell this spring, new data shows. Not that anybody noticed
Price declines were bigger in the spring than in the late winter, according to quarterly home sales data issued Thursday by NAR. But to real estate agents in most US markets, it didn't feel that way
by Daniel Houston Aug 10
Consumer Price Index rises in July amid 1st inflation hike in 13 months
The Consumer Price Index increased 0.2% in July and rose 3.2% annually, according to data released Thursday by the Bureau of Labor Statistics that suggests inflation is still cooling
by Ben Verde Aug 10
With trillions in ‘dry powder’, investors once again eye proptech
Investment in proptech was down 66% in the first half of 2023. What’s going on, where’s the opportunity and what information can keep you ahead of the curve?
by Christy Murdock Aug 10
Even amid high rates, buyers have more options than they realize
Loan officers and assistance programs are just 2 ways to close the knowledge gap, Zillow Senior Economist Orphe Divounguy and Rocket President Tim Birkmeier said Wednesday at Connect
by Matt Carter Aug 9
Mortgage lenders tighten as homebuyer demand fades
Demand for purchase mortgages fell for a 4th consecutive week last week as rates continued to climb and inventories of homes for sale remained scarce, an MBA lender survey found
by Matt Carter Aug 9
Locked in, or misinformed? How seller's agents can allay client fears
Homeowners feel locked in and for good reason. But sellers should know the other side of the coin too, agents argued at Inman Connect
by Daniel Houston Aug 8
Record number of Americans say it's a bad time to buy
A monthly survey by mortgage giant Fannie Mae finds 82% of consumers said July was a bad time to buy, a record in polling data going back to 2010
by Matt Carter Aug 8
Christie's International Real Estate enters Aruba with new affiliate
Bold Properties Aruba, based in the island's capital of Oranjestad, is now part of the luxury brand's Caribbean network, the brokerage said. The firm is led by Aileen Kelly and Jenniffer Figaroa
NYC tops list of most expensive rental markets, ousting San Jose
New York City topped San Jose as the most expensive rental market in the country, the first time the Big Apple has topped the list since Zillow began tracking the data in 2015
by Taylor Anderson Aug 8
Compass drives down losses, lifts agent count amid Q2 revenue slide
Compass' 2Q revenue dropped 26% year over year to $1.5B, according to an earnings call Monday. Despite lower revenue, the brokerage reached free cash flow positivity and slimmed net losses
by Marian McPherson Aug 7
Brad Inman: There's opportunity in the international market
Inman kicked off Inman Luxury Connect Monday with an anecdote about buying a house in Paris, and advice for luxury brokers
by Jim Dalrymple II Aug 7
Pearl Certification ups resources to match 'energy-efficient' priorities
The company intends to prepare agents and homeowners for the 'millions of new high-performing homes improved through the Inflation Reduction Act (IRA),' according to an announcement
by Craig C. Rowe Aug 4
What down market? Payrolls are just fine in the brokerage world
Home transactions may be down, but you wouldn't know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the US Bureau of Labor Statistics
by Daniel Houston Aug 4
To win this summer, homebuyers in California are turning every stone
With some of the highest home prices in the nation, California buyers and sellers are having an abnormally difficult time managing higher mortgage rates, agents in the Golden State told Inman
by Marian McPherson Aug 4