Sales of newly built, single-family homes rose 8.8 percent in March, a reflection of the beginning of a busy homebuyer season. New-home sales rose 8.3 percent year over year, according to the U.S. Census Bureau. Continue reading
Anthony Lamacchia thinks some agents are reading too much into guidance issued by mortgage giants Fannie Mae and Freddie Mac confirming sellers can continue to pay buyer’s agents’ commissions. Continue reading
With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth. Continue reading
Seventy percent of Florida homeowners — or the area in which they live — have been impacted by changes to cost or coverage of home insurance in the last year, according to a report issued Wednesday by Redfin. Continue reading
There are now 550 “million-dollar” cities in the U.S. compared to 491 last year. California is home to nearly half of them, according to a new Zillow analysis. Continue reading
Thirty-six percent of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday. Continue reading
Most agents say they’ve heard from competitor brokerages in recent weeks. Intel explores what’s on their mind as they decide whether to stay — or bolt. Continue reading
Repeat-sales models have been the gold standard in home-price tracking for decades. Intel examines what they miss, and what some data providers are doing to fill in the gaps. Continue reading
Approximately 28 percent of brokerage leaders believe “recruiting and retaining talent” will be their most challenging responsibility one year from now, according to results from the Inman Intel Index survey. Continue reading
Despite ongoing commission lawsuits, agents are more concerned about the health of the real estate pie than the size of their own slice, results of the latest Inman Intel Index survey show. Continue reading