Proposed law in Cleveland could take 44% of Airbnbs off the market

The law aims to ban all short-term rentals that have minimum stays of 30 nights and require owners to register their rentals with the city. Continue reading

Zillow teams up with Howard Hanna to offer Listing Showcase

The technology platform is designed to improve marketing for listings. Now, Howard Hanna agents will get to exclusively offer the tool to their clients in Pittsburgh and Cleveland. Continue reading

Rent is falling fastest in markets that added the most new supply

Rent is now 0.7 percent lower for one-bedroom rentals nationwide than it was a year ago, but not in all markets, new report shows. Continue reading

This city in upstate New York is Zillow’s hottest market of 2024

Zillow is again predicting that more affordable markets will be the ones to watch in 2024, with Buffalo, New York, taking the top spot. Continue reading

Home prices ticked up in April as market faced a mixed bag

One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat. Continue reading

Luxury home purchases hit record low as buyers eye other investments

Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say. Continue reading

Homebuyer dollar stretching further as rates drop: Zillow

As mortgage rates have dropped from a roughly 7 percent peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3,000 monthly payment. Continue reading

EXp picks up top-performing teams from Keller Williams, RE/MAX

The Incorvaia Team and the Ige Johnson Group are the latest in a long string of teams to jump ship for the virtual brokerage. Continue reading

Inventory insanity: Why are there no homes for sale in America?

Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult. Continue reading

Rents rise in suburban and rural areas, remain flat in urban centers

Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines Continue reading