Realtor.com CEO pleads with US leaders to save homeownership
Realtor.com CEO Damian Eales wrote an open-letter urging local, state and federal legislators who win today's elections to tackle housing affordability with 'pragmatic' solutions
by Marian McPherson Nov 5
Renewed buyer activity boosts pending home sales 7.6%
Easing mortgage rates and increased inventory in September undercut buyer anxiety from the previous months, leading to a 7.6 percent month over month increase in contract signings.
by Marian McPherson Oct 30
September existing-home sales fall, but inventory offers hope
Existing-home sales continued their downward trajectory in September, declining 3.5% year over year and 1% month over month, according to data released Wednesday by NAR
by Richelle Hammiel Oct 23
Median down payment slides $2,400 as affordability improves
Moderating mortgage rates and lessening buyer competition have pushed the US median down payment down 7.33% over the past year, according to data released Tuesday by Realtor.com
by Marian McPherson Oct 22
How to use down payment assistance to close more deals
Looking for a way to differentiate the service you provide to buyers? Luke Babich writes that a top-down knowledge of down payment assistance programs in your area can help you stand out
by Luke Babich Oct 17
Buyer-broker commissions remain mostly steady since Aug. 17: Survey
Business has largely continued as usual with 63% of agents reporting that sellers are 'frequently' covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents
by Marian McPherson Sep 26
Realtor.com releases enhanced map-based search feature
The portal released a new map-based search experience on Tuesday, which uses color-coded map layers to help homebuyers find their next home based on preferred features and market trends
by Marian McPherson Sep 24
HUD partners with Zillow to close racial homeownership gap
The Department of Housing and Urban Development partners with Zillow for 'Let's Make Home the Goal,' a campaign aimed at connecting minority communities with HUD pre-housing counseling
by Marian McPherson Sep 20
Nearly half of NYC's out-of-state buyers come from these locations
Although NYC residents made the majority of home purchases in 2024, nearly half of out-of-state buyers came from New Jersey, California and Florida
by Richelle Hammiel Sep 5
Zillow, unfiltered: Portal giant adds AI-fueled natural language feature
Consumers using Zillow's mobile application can now search homes with simple voice prompts based on commute, points of interest, affordability and school access, according to executives
by Marian McPherson Sep 4
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
What homebuyers can expect now: Mandatory consults, exclusive reps
As real estate's new reality takes shape, buyer agents are exploring new ways to streamline processes and communicate effectively with clients, The Medford Team CEO Carl Medford writes
by Carl Medford Aug 27
Big life moments aren't only factor driving homebuyers in 2024: Poll
Active homebuyers are motivated by numerous factors — including a desire to find a larger or nicer home in this high-rate environment — according to the latest Inman-Dig Insights consumer survey
by Daniel Houston Aug 23