Tag Archives: pandemic

The internet fell hard for real estate in 2021. But can the love affair last?

By | | Uncategorized
Comments Off on The internet fell hard for real estate in 2021. But can the love affair last?

Nearly three years after Saturday Night Live declared “real estate is your sex now” in a popular Zillow parody, mind share around the industry is sagging, according to an Intel analysis of traffic data. Continue reading →

Successful agents show up, Robert Reffkin says in remote-work rebuke

By | | Uncategorized
Comments Off on Successful agents show up, Robert Reffkin says in remote-work rebuke

During an Inman Connect panel on Wednesday, Compass’ CEO argued the brokerage’s in-person philosophy gives it an advantage over rival firms “charging the least and giving you the least.” Continue reading →

Los Angeles apartment owners sue over COVID rent freeze

By | | Uncategorized
Comments Off on Los Angeles apartment owners sue over COVID rent freeze

The suit from the Apartment Association of Greater Los Angeles argues that the city’s rent freeze rule robs property owners of income and due process. Continue reading →

Demand for urban homes will be ‘muted’ for years: McKinsey

By | | Uncategorized
Comments Off on Demand for urban homes will be ‘muted’ for years: McKinsey

Consulting firm McKinsey & Company has found that pandemic-induced hybrid work is here to stay, for better or worse, ensuring permanent consequences for real estate agents in larger cities. Continue reading →

Chris Heller: Brokerages and teams are playing chicken. Who will win?

By | | Uncategorized
Comments Off on Chris Heller: Brokerages and teams are playing chicken. Who will win?

The chief real estate officer at OJO also believes teams will continue to get bigger, and that new agents will be willing to trade money for opportunity. Continue reading →

Will migration fizzle out in 2023? History points to existential shift

By | | Uncategorized
Comments Off on Will migration fizzle out in 2023? History points to existential shift

The migration trends that drove housing demand during the pandemic are ending. But that doesn’t mean people aren’t moving, according to an Inman analysis of historic data. Continue reading →

‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

By | | Uncategorized
Comments Off on ‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis. Continue reading →

There are 1.25 million fewer million-dollar homes in America in 2023

By | | Uncategorized
Comments Off on There are 1.25 million fewer million-dollar homes in America in 2023

The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power. Continue reading →

Housing inventory shoots up as homes sit longer on the market

By | | Uncategorized
Comments Off on Housing inventory shoots up as homes sit longer on the market

A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time. Continue reading →