From negative effects on the supply chain to confidence in the market, major union strikes like the WGA strike and others before it can have a palpable impact on the real estate industry. Continue reading
Coldwell Banker Warburg President Frederick Warburg Peters coined the term to describe a phenomenon where one home trades hands briskly while a similar property nearby languishes. Continue reading
Homebuilders are reporting shorter construction timelines and fewer supply-chain issues as they deal with a drop in demand for new houses, according to a survey of homebuilders by John Burns Real Estate Consulting. Continue reading
The pandemic has presented an unprecedented challenge, and multifamily leaders have been forced to adapt. Michael Zaransky outlines some ways to soften the blow of supply chain issues. Continue reading
The price of lumber dropped to $829 per thousand board feet on Tuesday, a 39 percent drop from just a month earlier. It’s still nearly double the pre-COVID rate. Continue reading
The 14,000-square-foot spec mansion located in Palm Beach, just a few streets north of Mar-a-Lago, sold to an unknown buyer. Continue reading
Women working in construction today who Inman spoke with said they feel like minorities at work, and that sometimes they have to work a lot harder than individuals of the opposite sex in order to climb the construction corporate ladder. Continue reading
The median existing-home sales price, meanwhile, soared 13.9 percent year over year in November as inventory plunged 13.3 percent, according to data released Wednesday by the National Association of Realtors. Continue reading
With the implosion of Zillow Offers in October, all eyes will be on Opendoor and Offerpad as they duke it out for iBuyer marketshare in 2022. Here are the biggest challenges Offerpad faces next year. Continue reading
Despite shortages of materials, lots and labor, consumer demand beat expectations, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading