Here's your bank failure explainer as House hearings approach
Not sure how to talk about recent bank failures with your clients? Want to know what's happening next? Here's your guide to SVB, Signature and the upcoming House hearings
by Eric Bramlett Mar 23
7 ways to motivate your agents during a slow market
As agents adjust to changing realities, brokers and team leaders should make it clear that opportunities for growth don’t go away just because the market is in a transition
by Rainy Hake Austin Mar 23
Fed Chair Jerome Powell signals latest rate hike could be the last
Mortgage rates expected to ease even as Fed vows to continue 'quantitative tightening' that's trimming mortgage holdings by $35B a month
by Matt Carter Mar 22
Homebuyer demand up 3rd week in a row as mortgage rates ease
The unusually wide 'spread' between 10-year Treasury yields and 30-year fixed-rate mortgages means mortgage rates could have more room to come down
by Matt Carter Mar 22
Now, more than ever, it's time to tighten your belt: 6 cost-cutting tips
If you're looking to cut costs while building your business, this list offers plenty of areas to rethink, regroup and reduce spending
by Darryl Davis Mar 22
Typical home down payment falls to 2-year low as concessions return
The typical down payment for a homebuyer in the United States fell 10% between January 2022 and 2023, to $42,375, according to new data released Wednesday by Redfin
by Ben Verde Mar 22
RealPage economist: Interest rates, not banks, top concern for investors
At a time when all eyes are on the fall of Silicon Valley Bank and Signature Bank, RealPage Chief Economist Jay Parsons is watching the impact of something else
by Taylor Anderson Mar 22
'2021 all over again': Agents get to work as spring homebuying arrives
On the first day of spring, agents across the US who spoke to Inman saw the return of bidding wars and busy open houses, suggesting that after a slow 2022 the market is turning a corner
Creative financing rules as investors head into spring with fewer options
Real estate investors are heading into spring facing the same inventory and interest rate woes that are dampening all of real estate. But sometimes necessity is the mother of invention
by Taylor Anderson Mar 21
Falling existing-home sales reverse as record-streak of price hikes end
Existing-home sales surged 14.5% in February, reversing a yearlong trend of falling transactions from one month to the next, according to data Tuesday by the National Association of Realtors
by Ben Verde Mar 21
The tug-of-war between millennials and boomers heats up this spring
5 real estate experts explain how rising mortgage rates, inflation and economic uncertainty could impact baby boomers and millennials this spring and how both groups can succeed
by Marian McPherson Mar 20
Even after layoffs, 3 in 4 mortgage lenders lost money in Q4 2022
Lenders lost $2,812 per loan as business dropped off faster than they could trim expenses and production costs hit a record-high $12,450 per loan, Mortgage Bankers Association survey finds
by Matt Carter Mar 17
'All strapped in': Luxury clients face whiplash as banking fallout unfolds
The sudden change in the global banking landscape has left luxury real estate clients hanging out 'in the parking lot,' Kofi Nartey said, as they wait to see where the remaining chips will fall
by Lillian Dickerson Mar 17
Zillow CEO Rich Barton: 'The real pain is probably coming'
Zillow — which held $3.4B in cash and investments at the end of 2022 — is well prepared to weather any storm, including the banking fallout, Barton said in a new interview on Thursday
by Ben Verde Mar 17
Real estate industry reacts to the SVB meltdown: The Real Word
Opinion
This week, Byron Lazine and Nicole White discuss Brad Inman's view on the Silicon Valley Bank collapse, Plunk's impact on the real estate industry and Elon Musk's future Texas fiefdom
by Byron Lazine Mar 17
Mauricio Umansky's 6 tips for helping new agents navigate a shift
It’s not always possible to predict how the world — and therefore the market — will shift. What we can do is teach new agents how to navigate the changing tides
by Mauricio Umansky Mar 17