Despite slow market, CoStar sees revenue and profit rise in Q4
The company's revenue jumped 13% year over year between October and December. CEO Andy Florance also promised Tuesday to continue CoStar's push into residential real estate
by Jim Dalrymple II Feb 21
Reimagining the housing choice voucher program
Opinion
By making minor adjustments to federal policy, an entirely new generation of children can enhance their chance to achieve better health and greater economic mobility
by David Piscatelli Feb 21
Costly housing spurred California's 500,000-person pandemic exit
The state's population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents' primary reason for departure
by Lillian Dickerson Feb 21
Existing-home sales fell every single month in 2022, new NAR data shows
US existing-home sales slid 0.7% between December and January to a seasonally adjusted annual rate of 4M, according to new data released Tuesday by the National Association of Realtors
by Ben Verde Feb 21
Disparity in mortgage rates offered by lenders doubled in 2022: Study
Homebuyers can potentially save $600 to $1,200 a year by applying for a mortgage with multiple lenders, according to a new analysis released Thursday by mortgage giant Freddie Mac
by Matt Carter Feb 21
Gary Keller: It's a do-or-die housing market for real estate agents
In his State of the Housing Market address on Sunday, Keller Williams' co-founder Gary Keller explained how chaos will force agents to become better competitors — or be left behind
by Marian McPherson Feb 20
12 fun ways to flex your local expert muscles
Leverage your knowledge to build your business. Here are a few creative ways of being the local expert in your own unique way
by Rainy Hake Austin Feb 18
Study sounds the alarm on $187B 'climate housing bubble'
Study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots
by Matt Carter Feb 16
'My clients were flabbergasted': Cool markets heat up ahead of spring
Low inventory combined with pent-up homebuyers looking to make their dollars go further is already driving up competition this spring, real estate agents told Inman
by Ben Verde Feb 16
Redfin sees revenue fall, losses mount amid tough market in Q4
The portal and online brokerage saw revenue fall 25% year over year during the fourth quarter of 2022, and lost a total of $61.9M, according to an earnings call Thursday afternoon
by Jim Dalrymple II Feb 16
Builders still on bumpy ride, but demand may have bottomed out
New-home starts took a hit in January but remain higher than they were in November. And builders see a path forward to stronger sales, according to a report from the US Census Bureau
by Daniel Houston Feb 16
Zillow sees revenue dip in Q4, but manages to trim losses
The portal giant brought in $435M in revenue during the fourth quarter of last year and lost $72M, according to 4Q22 earnings released Wednesday afternoon
by Jim Dalrymple II Feb 15
Demand for purchase loans sinks as mortgage rates rebound
Mortgage rates have been inching up from 2023 lows following a strong jobs report and January's Consumer Price Index readout, which shows only a slight cooling in inflation
by Matt Carter Feb 15
Homebuilders are feeling a lot more optimistic as market begins to thaw
Builder confidence rose 7 points in February, to 42, according to the latest NAHB Housing Market Index. It's the highest score since September and the largest 1-month increase in a decade
by Ben Verde Feb 15
Cost cutting and existentialism: What to expect from earnings
Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive
by Jim Dalrymple II Feb 15
The 1 metric you need to scrutinize, according to a real estate economist
Redfin Chief Economist Daryl Fairweather reveals to Intel the top data point signaling a coming rebound and shares why inflation and mortgage rates will continue to lead the market this spring
by Marian McPherson Feb 15