Data points to another mortgage boom if rates continue to tumble
If mortgage rates fall by another percentage point, ICE Mortgage sees homebuyers' monthly payment dropping by $236 and nearly 7.2 million homeowners 'in the money' for a refinance
by Matt Carter Sep 4
Why onsite management will remain essential to multifamily
Good property managers build relationships and communities, and that's something no app can do, multifamily expert Michael Zaransky writes
by Michael Zaransky Sep 4
Ryan Serhant on 'Owning Manhattan', bold moves, branding
In an exclusive interview, the SERHANT. founder talks real estate reality and what it’s like to build a brokerage brand under the pressure of the spotlight
Rupert Murdoch's REA Group eyes UK's biggest real estate portal
Murdoch's Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK's largest real estate portal
by Taylor Anderson Sep 3
Real estate agents lament dud of a summer: Client Pipeline Tracker
Buyers failed to bite this summer despite falling mortgage rates. It has agents as down as they've been all year heading into the NAR settlement era, according to Intel's Client Pipeline Tracker
by Daniel Houston Sep 2
July inflation reading trims the odds of a big September rate cut
PCE price index shows inflation continued to cool in July, but at a gentle enough pace that Fed policymakers are now seen as likely to only bring rates down by a hair in September
by Matt Carter Aug 30
What this summer's foreign buyer data means for you
New Inman contributor Kashif Ansari digs into the National Association of Realtors' annual report on international buyers
by Kashif Ansari Aug 30
Prices and politics drag pending home sales down to new low in July
Buyer anxiety around prices and the election precipitated the fall as the National Association of Realtors' Pending Home Sales Index declined 5.5%, to 70.2, the lowest index reading in 23 years
by Marian McPherson Aug 29
7 procedural components to make eminent domain seizures more fair
Procedural fairness pertains to the just treatment of the processes and methods used to make eminent domain decisions and resolve disputes, real estate educator Lee Davenport writes
by Lee Davenport Aug 29
Homebuyers still waiting for more listings and lower mortgage rates
The Fed doesn't have direct control over mortgage rates, but they've come down dramatically as investors are convinced policymakers will cut rates at their 3 remaining 2024 meetings
by Matt Carter Aug 28
US homebuyer down payments reach new record, outpace prices
In June, the median down payment soared to a record $67,500, a 14.8% increase from $58,788 the previous year, according to a Redfin analysis
by Richelle Hammiel Aug 28
Borrowers clash on how far rates need to fall before they're 'Golden'
How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped
by Daniel Houston Aug 27
OpenAI leaves San Francisco HQ after Elon Musk stops paying rent
The move follows a public rift between the CEO of Tesla and the maker of ChatGPT. Musk had previously been paying rent for OpenAI's headquarters.
by Taylor Anderson Aug 27
Case-Shiller Index keeps breaking records as HPI growth curbs pace
S&P CoreLogic's report also showed that first-time homebuyers are being impacted most by rising prices, since prices in the lower end of the market are rising more quickly than other tiers
by Lillian Dickerson Aug 27
Pending starter home sales soar as first-time buyers return to market
Pending sales of starter homes surged 10.2% in July, reaching their highest point since October 2022 as mortgage rates began to decline, according to data released Monday by Redfin
by Richelle Hammiel Aug 26
SERHANT. expands in Florida with Naples Concierge Group
The team addition will grow SERHANT.'s reach in Florida beyond existing markets of Miami, Tampa and Delray Beach. The firm has recently added 77 agents across all its markets
by Lillian Dickerson Aug 26