Sluggish net new listings signal that the lock-in effect is not over

In January, the real estate market saw a 17.5 percent decline in net new listings and a 2 percent decrease in contract signings, driven by mortgage rate fluctuations, according to HouseCanary. Despite a rise in total inventory compared to 2022 and 2023… Continue reading

Ally Financial partners with HouseCanary to grow mortgage

Co-branded ComeHome solution on Ally’s website will provide would-be homebuyers with access to listings and loan options and encourage existing homeowners to explore refinancing and HELOCs. Continue reading

Better’s ‘One Day Mortgage’ product lifts off

New products and agent partnerships could help Better make the transition from a company known primarily for refinancing to a lender that serves homebuyers. Continue reading

Why Zillow’s iBuying flop is just a blip, not a bad omen

Many have pointed to the failure of Zillow Offers as proof that the Zestimate is inaccurate, but the company’s struggles actually reinforce the critical role that quality automated valuation technology plays in the iBuying process. Continue reading

Housing inventory shortage could ease later this year: report

Tech firm and brokerage HouseCanary found a shrinking gap between the number of new listings and the number of listings going under contract — a potential sign of an improving inventory landscape. Continue reading

Days on market drops by nearly 50% amid inventory crisis

New listings are up 19.1 percent year over year, but demand continues to outpace new listings, leading to increasingly fewer days on market. Continue reading

HouseCanary flies away with $65M in latest Series C funding round

The valuation startup plans to use the money to beef up its team and build out more technology. Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading

HouseCanary revives ComeHome as product for mortgage lenders

About nine months after real estate tech firm HouseCanary turned off its public-facing real estate portal, the company is back with a new search product meant to help banks capture more lending business. Continue reading

HouseCanary CEO: ‘70% of all transactions will be automated’

Douglas Elliman CEO Scott Durkin, however, slammed HouseCanary for ‘wanting a piece of our commission’ during an Inman Connect panel. Continue reading