3 years after lockdown, foreclosed homes remain rare but on the rise

Foreclosures are still affecting a tiny slice of the nation’s home inventory. Here are the markets where you’re most likely to find one, according to a new report from Attom. Continue reading

EXCLUSIVE: The Agency’s new website design goes live

The first phase of the luxury brand’s new website design includes new video assets, imagery and informative pages that are adaptable by location, including new currency and property measurement options, the brokerage exclusively told Inman. Continue reading

US rent hits just shy of all-time record high: Report

Despite having cooled for more than a year, the median asking rent in the U.S. remained just $24 below its all-time high as of June 2023, Redfin reported. Continue reading

Amid growing insurance crisis, Farmers pulls out of Florida

A number of insurance providers have left Florida over the last year, apparently driven away thanks to extreme weather and a challenging legal landscape. Continue reading

Zillow’s super app is taking shape with the agent front and center

ShowingTime+, an offshoot of Zillow, has released Listing Showcase, a new way to market listings on the popular consumer search site. Continue reading

Former KW CEO Mark Willis ‘home’ 18 months after eXp recruit drama

A year and a half after Keller Williams legally blocked eXp World Holdings’ attempt to recruit Mark Willis, the former KW CEO has returned to his roots in a new consulting role, Inman has learned. Continue reading

Home value hits all-time high in June as owners cling to low rates

The typical home value breached $350,000 for the first time in June, a new peak in typical values according to a report by Zillow. Redfin shows nearly 92 percent of homeowners have a mortgage rate below 6 percent. Continue reading

Figure powering HELOCs for 4 more independent mortgage banks

As it continues to sign private label partners for its blockchain-powered loans, Figure says it’s provided more than $6 billion in HELOCs to roughly 85,000 households. Continue reading

Lone Star lawmakers pass ‘largest property tax cut in Texas history’

The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the fastest growing states in the U.S. Continue reading