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
First-time homebuyers fell further behind this year, NAR says
The share of recently bought homes that went to first-time homebuyers fell to less than 1 in 4 between July 2023 and June 2024, according to a new report
by Taylor Anderson Nov 4
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
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
Pending home sales rise modestly in August as mortgage rates dip
Pending home sales edged up 0.6% in August, as declining mortgage rates made home purchases more affordable, according to data released Thursday by the National Association of Realtors
by Richelle Hammiel 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
Move class-action lawsuit shines harsh light on network's paid leads
Disconnected phones, undeliverable emails and presumed scams have all become more common, customers of Move's network of companies told Inman in the wake of the Aug. 23 class-action suit
by Marian McPherson Sep 23
Mortgage payments cheaper than rent in nearly half of all US metros
Mortgage rates have dropped to their lowest levels since 2023 in 22 of the 50 largest US metros — even as rent prices continue to rise, according to a new analysis from Zillow released on Monday
by Richelle Hammiel Sep 17
Second-home mortgages decline amid economic uncertainty
In August, mortgage rate locks for second homes fell 13.1% year-over-year to the lowest level since March 2016 on a seasonally adjusted basis
by Richelle Hammiel Sep 13
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
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
The unmatched value of buyer agents in today’s market
Continue to raise the bar on client service, writes Huntington & Ellis CEO Craig Tann, and show clients why having a buyer’s agent isn't just a good idea — it's a necessity
by Craig Tann Aug 20
Former Ribbon team launches AI-fueled home transaction platform
The team that founded EasyKnock-acquired power buyer Ribbon has launched Indigo, an AI-powered transaction management and home search platform, executives told Inman exclusively
by Marian McPherson Aug 15
Rescuing the American Dream through smart tax incentives
Opinion
Industry veteran Alex Perriello says that to fix the affordability problem in America, agents need to get involved, and smart tax incentives need to be offered
by Alex Perriello Aug 15