'The fever has broken': Action steps for agents after rate cuts
A market where the fed funds rate is being cut instead of raised has historically been better for real estate, Jimmy Burgess writes. It's time to be the source of information and professionalism
by Jimmy Burgess Sep 26
Mistake halts California warehouse project — after demolition of homes
More than 100 homes have already been razed to make room for shipping warehouses. But a judge last week ruled that the county violated environmental regulations when it approved the project
by Jim Dalrymple II Sep 25
Homebuyer demand hardly budged as mortgage rates hit 2024 lows
While many homeowners rushed to refinance, affordability is keeping a damper on sales. Now mortgage rates are climbing again, with investors having already priced in last week's Fed rate cut
by Matt Carter Sep 25
More and more homes are languishing on the market
In August, nearly half of all US homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales
by Jim Dalrymple II Sep 25
16 incentives that may help sellers move their homes this fall
If you have listings left over from the slow spring and summer, today's lower interest rates may offer a boost. Carl Medford shares strategies to help get those homes sold as autumn arrives
by Carl Medford Sep 25
New-home market a 'bright spot' as annual sales rise 9.8%
New-home sales rose 9.8% YOY to a seasonally adjusted annual rate of 716K in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall
by Marian McPherson Sep 25
Mom-and-pop flippers make the dream of homeownership a reality
Small real estate investors have a role to play in improving affordability and inventory, trainer Bernice Ross writes, and can be a key part of growing your real estate business
by Bernice Ross Sep 25
Home prices remained relentless in July, even as growth slowed
Home prices continued to break records in July, according to reports released by S&P Dow Jones and FHFA on Tuesday. Some economists said lower rates may fuel demand, pushing prices higher
by Lillian Dickerson Sep 24
Fears of a widespread commission shift are unfounded. Here's why
Opinion
Most homebuyers will continue to use an agent and most homesellers will continue to cover buyer agent commissions, writes broker-owner Eric Bramlett of Austin-based Bramlett Residential
by Eric Bramlett Sep 24
Fall market preview: Rate cuts have finally arrived — is the recovery on?
It will take more than recent rate cuts for a recovery in home sales to gain traction, a new analysis of market data and economic forecasts suggests. Intel explores what's at stake for the fall market
by Daniel Houston Sep 23
Is that big Fed rate cut a cure-all for the mopey market? The Download
With this week's half-percent rate cut from the Federal Reserve, agents are hoping sellers will finally get off the fence and loosen up some inventory to get the market moving
by Christy Murdock Sep 21
2024 could be worst year for home sales since 1995: Fannie Mae
Falling mortgage rates should help boost home sales by nearly 10% next year. But in the meantime, inventory shortages and affordability challenges are keeping a lid on sales in many markets
by Matt Carter Sep 20
Numbers you should know with Windermere Economist Jeff Tucker
In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: The Fed's latest rate cut
by Jeff Tucker Sep 20
That big Fed rate cut was no panacea for housing: Fitch analysts
Fed easing was already priced into mortgage rates, but there's room for more relief if investors who fund most home loans get less skittish about prepayment risk and quantitative tightening
by Matt Carter Sep 19
Alabama Association of Realtors to NAR: Make membership optional
‘It is time to allow members the ability to choose where they allocate their membership and dues dollars between the local, state and national levels,’ Alabama Realtors wrote to NAR on Tuesday
by Taylor Anderson Sep 19
Existing-home sales continue to slide as buyers bide their time: NAR
Existing-home sales fell 4.2% year over year to a seasonally adjusted rate of 3.86M in August as buyers awaited the Fed's decision to cut rates, according to National Association of Realtors data
by Marian McPherson Sep 19