Real Estate Markets & Economy
A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In Q1 2023, the profit margin on a median-priced US home was 44.2%
Now streaming: Watch David Friedman and Kent Czechowski as they dive into new trends being seen in the luxury space and how the integration of AI tech will impact the real estate industry
Consumer spending remained high while the broader economy slowed, growing just 1.1% in the first 3 months of 2023, according to data released Thursday by US Bureau of Economic Analysis
The Pending Home Sales Index dropped by 5.2% in March to a reading of 78.9 — 23.2% lower than March 2022 levels, according to data released by the National Association of Realtors
Mortgage rates are expected to ease as markets anticipate Federal Reserve policymakers will raise rates just 1 more time this year and then reverse course
Opinion
Take a look at the latest SCE Housing Survey which offers a detailed look at consumers’ psyche in regard to the housing market
The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023
Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains
The strong monthly uptick in sales marked the fourth-straight month of increases as homebuyers eased back into the market and adjust to higher mortgage rates, according to new Census data
The housing sector's resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie's latest monthly forecast
This week, tune in to hear from proptech power player Dominic Chan, as he breaks down the impact of proptech on the industry and the benefits it offers in today’s economy
During his latest CNBC appearance, Compass CEO Robert Reffkin outlined the catch-22 of higher mortgage rates and why early pandemic boomtowns are facing a devastating bust
Homes in the lower tier of pricing are still 8% more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow
Existing-home sales fell 2.4% in March to a seasonally adjusted annual rate of 4.44M — 22% lower than a year earlier, according to data released Thursday by the National Association of Realtors
The shop marks the brokerage's 12th location in Colorado and has been built out of the firm previously known as The Source for Pagosa Real Estate, led by founders Mike and Lauri Heraty
A majority of Americans born between 1981 and 2013 believe that, short of winning a big-ticket lottery, the likelihood of affording a home in the US is low, according to a new survey by Zillow
Pandemic-era boomtowns and tech hubs fueled an annualized 3.3% drop, to $400,528, according to new data. 'There’s this fear that everything will crash,' reports one Redfin agent in Boise, Idaho
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