Inventory insanity: Notes from ‘exhausted’ agents on the front lines of a crazy market

“There is no middle class any more,” one industry leader said of working in real estate this year. “You’re either crushing it or you’re struggling.” Continue reading

Market snapshot: Florida and the coronavirus pandemic

Agents across the state have felt a market impact since the virus took hold, but how and to what extent depends a bit on the region. Continue reading

Home affordability modestly improves in first quarter of 2020

Median home prices were still unaffordable for 66 percent of U.S. counties in Q1 2020, but that number decreased from 70.4 percent in Q4 2019. Continue reading

Rental returns decreased in 59% of counties over the last year

The average annual gross rental yield thus far for 2020 is also down to 8.4 percent from an average yield of 8.6 percent in 2019. Continue reading

Redfin introduces new ‘Redfin Premier’ service for luxury homesellers

Aimed at sellers of properties worth $1 million or more, Redfin Premier offers full-service marketing with an international reach. Continue reading

Universal Orlando to provide 1,000 affordable units near new resort

The announcement comes just before the Orange County Commission’s final vote on a 10-year affordable housing plan. Continue reading

Opendoor’s next frontier: Older, pricier homes in LA

The iBuyer will purchase homes costing up to $800,000 in the Los Angeles metro area, which is home to more than 13 million people. Continue reading

Are open houses too dangerous to justify?

Following a wave of headlines about open house-related crime, agents say safety issues are a growing concern in the real estate industry. Continue reading

Wife can’t perform ‘spousal duties’ after fall at home showing: Suit

Lisa and Marc Primeau are suing HomeSmart, Keller Williams and a pair of Orange County, California, brokers after the woman says she fell on an uneven patio. Continue reading

‘Outside the box’: HomeSmart franchisee acquires Realty One Group brokerages

A fact sheet explaining the new franchise arrangement, reviewed last week by Inman, states both the Realty One Group and the HomeSmart offices will continue operating independently of each other. Continue reading