Rent falls for 3rd straight month, thanks to new inventory

The median asking rent fell 0.8 percent year over year during the last month of 2023, according to a new report by Redfin, which attributes the fall to an increase in supply. Continue reading

Rates will continue to fall in 2024, consumers say in record numbers

A record number of consumers surveyed by Fannie Mae expect mortgage rates to keep falling, a “significant shift” in expectations that could free homeowners from the so-called “lock-in effect.” Continue reading

James Dwiggins: NAR needs a top-down overhaul

Ahead of Inman Connect New York this month, the NextHome CEO said NAR serves an important function, but needs a major fix to deal with challenges related to leadership and commission suits. Continue reading

3 top agents from Realogics Sotheby’s move to The Agency

As agents continue to reevaluate their brokerage affiliations heading into the new year, Seattle-based Sandra Hines, Blake Waggoner and Dave Janssens have all left Realogics Sotheby’s International Realty for The Agency. Continue reading

LoanDepot is latest real estate company to be targeted by hackers

Mortgage lender says an unauthorized party accessed its systems and encrypted some of its data, a tactic employed by ransomware groups to target more than 1,000 companies and organizations. Continue reading

NAR President Tracy Kasper resigns, alleges blackmail

The National Association of Realtors’ leader said she recently received a “threat to disclose a past personal, non-financial matter unless she compromised her position at NAR.” Continue reading

Clever acquires renter assistance, rewards app Gravy

Gravy, an application built to support renters in their homebuying process, has been acquired by Clever Real Estate, a company that specializes in educating consumers about agent choice and the overall transaction process. Continue reading

Professor who predicted urban ‘doom loop’ sees NYC exception

Stijn Van Nieuwerburgh, whose 2022 paper inspired debate about the future of big cities, says things now seem to be looking up for New York City. Continue reading

9 ways to combat imposter syndrome for peak performance

If a slow year or industry changes have you feeling out of sorts, write Melanie Klein and Emily Bossert, the problem may be imposter syndrome. Find out how to fight it and get your joy back. Continue reading