New-home sales enjoy big spring rally after signs of wear in February

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

Floridians grapple with insurance changes as hurricane season nears

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

‘Million-dollar’ cities have spiked to a new high in the US: Report

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

Nepo Babies grow up as data points to new phenomenon: Nepo Buyers

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

Case-Shiller is a go-to source for prices — but know these blind spots

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

Why inland California housing is so exposed to downturn risk: Report

Data provider Attom tracks the 50 U.S. communities most at risk of further housing decline. Half of them are located in one of three places. Continue reading

Agents have real concerns — but commission rates aren’t at the top

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

Are US home-sale revenues finally bottoming out? Intel examines

The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data. Continue reading

Tracking the housing recovery? These 12 dates offer crucial clues

Intel is highlighting the most important data releases and events slated for each month of 2024 in an effort to help industry observers follow the arc of residential real estate’s rebound this year. Continue reading