Buyers are navigating a stable housing market and making well-informed offers while sellers are leaning into a low-inventory environment, according to new data and agents who spoke to Inman. Continue reading
Total existing-home sales slid 0.7 percent between December and January to a seasonally adjusted annual rate of 4 million, according to new data released Tuesday by the National Association of Realtors. Continue reading
Brent Thomson has been hired as a strategic adviser for Berkshire Hathaway HomeServices Drysdale Properties as the company looks to expand its presence in California and Nevada. Continue reading
Low inventory combined with pent-up homebuyers looking to make their dollars go further is already driving up competition this spring, real estate agents told Inman. Continue reading
The embattled coworking giant posted a 75 percent quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26 million in losses, according to Q4 earnings on Thursday. Continue reading
Builder confidence rose seven points in February, to 42, according to the latest NAHB Housing Market Index. It’s the highest score since September and the largest one-month increase in a decade. Continue reading
Housing costs were the biggest contributor to inflation in January, according to new data from the Bureau of Labor Statistics. Increased food and energy costs were smaller by comparison. Continue reading
The “tax” varies widely depending on the market with renters in expensive markets, such as New York City paying up to $19,500 more in rent annually. Continue reading
This week, the Redfin Homebuyer Demand Index, the brokerage’s in-house gauge of buyer activity, hit its highest level since September, rising 21 percent from an October low, new data shows. Continue reading
Existing-home sales prices increased in nearly 90 percent of metro areas, but gains were smaller than the previous quarter, according to data released Thursday by the National Association of Realtors. Continue reading