Weighed down by low inventory and high mortgage rates, existing-home sales fell in July, to 4.07 million — or 16.6 percent lower than a year earlier, according to data from the National Association of Realtors. Continue reading
The typical rent was $1,745 a month in June, down $31 from its record high in July 2022, according to a new report from Realtor.com. Continue reading
Existing-home sales are expected to tumble to a 12-year low by the end of 2023, but they won’t stay that way for long, Realtor.com Chief Economist Danielle Hale predicted on Wednesday. Continue reading
Watch the latest Access class featuring Realtor.com’s Chief Economist, Danielle Hale, for an informative behind-the-scenes look into what we can expect to see from the fall housing market Continue reading
In this week’s new Inman Access classes, get insights and predictions on what the upcoming fall housing market may have in store and take a deep dive into how to avoid certain hiring pitfalls. Continue reading
More buyers today are moving because they have to. Here’s what they look like — and how agents are courting their business in a down market. Continue reading
The Brooke Amendment — a law otherwise known as “the 30 percent rule” that has shaped U.S. housing policy since the 1960s — is in the crosshairs as spending on real estate soars to record heights. Continue reading
Federal inflation data showed rent inflation dropped in April, about a year after rent growth rapidly slowed. Three economists explain why it took so long for that to happen and what that means for the future of the rental market. Continue reading
Realtor.com’s latest monthly report reveals a market full of contradictions as mortgage rates continue to drive consumer sentiment and activity. Continue reading
Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates will continue to dip. Continue reading