Buyers need $7,200 more than in 2022 to afford ‘starter’ homes

The annual paycheck for a first-time homebuyer is roughly $64,500 to afford the typical U.S. “starter” home in 2023 — up 13 percent from a year ago, according to a report from Redfin. Continue reading

Fed sending US into a ‘category 5 hurricane,’ Barry Sternlicht says

Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. “Nobody wants to sell anything today,” he said. Continue reading

Texas adjusts to growing pains as outside buyers jockey for homes

With an influx of tech and entertainment giants like Tesla and Universal Studios, not to mention a rising tide of millennial buyers, Texas is bursting at the seams as agents rush to find new listings. Continue reading

Texas surged during COVID. Now, its luxury markets are being tested

Droves of people have flocked to Texas for new jobs, tax and affordability purposes, and political reasons, and the demand from this new class of wealthy buyers is stretching the state’s luxury inventory thin. Continue reading

Leads not biting this summer? Enter The Triangle Method

Inspired by this summer’s hottest TikTok dating trend, trainer Rachael Hite breaks communication down into three simple steps to start seeing results in your frosty pipeline. Continue reading

Has Compass cracked the repeat and referral code? The Download

On today’s Download, check out Compass’ new tracker tool, then check out some of our best recent advice on keeping those past clients percolating through your pipeline. Continue reading

Finding your competitive edge: 4 keys to success in today’s market

Watch this week’s Inman Access classes to learn how to take your business to the next level on your own timeline and discover communication strategies to better position your value. Continue reading

Your clients have disabilities. Here’s how to market to them

Representation matters when marketing to the 26 percent of people with disabilities. In part four of her series, Rachael Hite looks at ways to make your marketing more meaningful. Continue reading

Luxury Spotlight: Big Sky and Bozeman, Montana

Driven in part by the popularity of the television series “Yellowstone,” this area has experienced a surge of interest from high-net-worth-clients. Broker and real estate educator Robyn Erlenbush outlines the upside and the challenges of this luxury ma… Continue reading