Real Estate Markets & Economy
Apartment building construction soared 24% in February, lifting new housing starts overall despite a weak month for single-family builds, according to data from the US Census Bureau
Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come
The number of US cities where the typical home value was $1M or more has dropped from a high of 522 in July 2022 to 464 as of January 2023. Coastal states have been most severely impacted
While the Consumer Price Index jumped a modest 0.4% month over month, the collapse of Silicon Valley Bank and Signature Bank could keep rate hikes at bay, economists said Tuesday
Transaction sides fell 18.2% year over year for a total of $472.9B in sales in 2022, a 12.5% decline, according to a full-year earnings report released Monday afternoon by the Texas-based brokerage
Bank failures and slowdown in wage growth have forecasters thinking the Federal Reserve will back off from aggressive rate hike campaign when it meets next week
In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO
The real estate industry got 2 kernels of good news in the latest jobs numbers from the US Bureau of Labor Statistics
Futures markets are taking the Fed chair at his word that policymakers may have to hike rates faster and take them higher to combat inflation
Fannie Mae's National Housing Survey shows Americans were feeling less secure about keeping their jobs in February, and nearly 8 in 10 think it's a bad time to buy a home
Opinion
While many agents fear the replacement potential of AI, it may end up allowing the industry to continue working if the worst happens
Annual home price growth dropped to 5.5% in the first month of 2023, but fell just 0.2% month over month, according to data released Tuesday as part of the CoreLogic Home Price Index
The US notched 14 spots among 20 global cities in a new analysis of homeowners with a net worth of at least $30M. New York City clinched the top spot on a list compiled by REALM and WealthX
Opinion
It's one of the most popular questions you'll hear, especially from first-time homebuyers. Find out how to answer it expertly
Healthy competition is the foundation upon which we strive to provide our clients with the highest level of customer service and care
Black Knight data shows new listing volume down 25% in January compared to pre-pandemic levels, the biggest drop since most of the country was in lockdown
The share of $1M homes in the US dropped from a high of 8.6% in June 2022 to approximately 7% in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power
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