Tag Archives: The Great Recession

2023 may sink some agents — and that may not be a bad thing

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Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel. Continue reading →

The 10 housing markets primed to pop during a recession

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Florida and California are most at risk of experiencing a housing downturn during a recession, according to Redfin. Both states saw exorbitant growth during the pandemic-fueled buying rush. Continue reading →

Where legacy brands stand when proptech falters

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As the market turns, investor interest in new industry disrupters may be waning. At Inman Connect Now, Clelia Peters and Nick Bailey explore where that leaves traditional brands. Continue reading →

Foreclosure activity continues to decline in March

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Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Continue reading →

@properties founders launch agent-oriented podcast

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Major Chicago-based brokerage @properties announced this week that it has launched a new podcast in which the firm’s founders discuss various industry issues that matter to their agents. Continue reading →

Coldwell Banker CEO talks leaving the company, says established brands survive recessions

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Current Coldwell Banker CEO Charlie Young said Thursday that he plans to leave his company next year but also argued that the firm is well-positioned to thrive even if a recession hits in the near future. Continue reading →

Inventory crises could stretch into 2022 and beyond: Zillow

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Housing starts won’t reach the historical average of 1 million new units per month until at least 2022 or later, with the most pessimistic estimates stretching to 2029. Continue reading →