News Corp will slash 1,250 jobs following rough real estate earnings
Move Inc. revenue fell $23M in Q4, due to a drop in home sales and referral revenue, according to earnings on Thursday. The company confirmed it was in talks with CoStar about a potential sale
by Taylor Anderson Feb 10
Buyers are returning to the market — and sellers are following: Redfin
This week, the Redfin Homebuyer Demand Index, the brokerage's in-house gauge of buyer activity, hit its highest level since September, rising 21% from an October low, new data shows
by Ben Verde Feb 10
7 power moves top agents are making right now
By focusing on optimizing the efficiencies in your business and serving others with the highest level of service possible, your continued success is inevitable
by Jimmy Burgess Feb 10
Hubzu operator Altisource raising money in public stock offering
Debt-burdened company notified regulators in December of plans to raise up to $100M through public stock offering on way to posting $53M 2022 net loss
by Matt Carter Feb 9
Mortgage rates inch up from 2023 lows on strong jobs report
Strong job numbers spark fears that the Fed will need to stick to its guns and continue to raise rates and keep them elevated for some time to fight inflation
by Matt Carter Feb 9
Homebuyer dollar stretching further as rates drop: Zillow
As mortgage rates have dropped from a roughly 7% peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3K monthly payment
90% of all US metros charted price jumps in Q4 despite big rate hikes
Existing-home sales prices increased in nearly 90% of metro areas, but gains were smaller than the previous quarter, according to data released Thursday by the National Association of Realtors
by Ben Verde Feb 9
How to create engagement-worthy content, top agent tips for 2023 and the future of finance
Expand your knowledge and unlock this week's newest classes with Inman Access. Watch on any device, anytime, anywhere
by Inman Feb 9
Young renters' inflation rate lower than general population: Study
Gen Zers and millennials who signed new leases in December saw their cost of goods and services increase 5.6% and 6.1%, respectively, according to a new report by Redfin
by Ben Verde Feb 8
A theory is emerging online about a mass exodus from New York City
Warehousing? Inflated algorithms? Shady developers? They're all part of a new report on what's driving up rental prices in New York City. However, social media users aren't buying the theory
by Marian McPherson Feb 8
Builders are pulling their hair out. Why do investors still love them?
To get a clearer picture of where things stand for builders — and where they're headed for investors — Inman compiled financial results from the largest publicly traded homebuilders
by Daniel Houston Feb 8
New funds creation muddies talks of VC slowdown
'TechCrunch' reported that the start of 2023 has been more active than many anticipated, stating that $8B in new capital commitments were made in the last week of January
by Craig C. Rowe Feb 8
Price growth slowdown continued in December as mortgage rates peaked
Home price growth fell 0.4% between November and December, while year-over-year single-family price growth dropped to 6.9%, according to new data released Tuesday by CoreLogic
by Ben Verde Feb 7
Mapping out 253 cities with quarterly declines in home value
Where are home prices falling? Let's map out the 253 cities that saw quarterly declines in the final 3 months of 2022. But there are indications that this isn't a repeat of the 2008 crash.
by G. Brian Davis Feb 7
Most homebuyers forking out big bucks to buy down mortgage rate
While mortgage rates have eased and home prices have fallen in many markets, affordability still has a 'stranglehold on much of the market,' according to research released by Black Knight
by Matt Carter Feb 7
Buyers on a $2,500 budget can now afford a $400,000 home
Things are looking up for homebuyers on a budget as mortgage rates fall from their 20-year highs, according to a report published Thursday by Redfin
by Ben Verde Feb 3