Pending sales fell 10.2 percent between August and September, according to new data released Friday by the National Association of Realtors, 31 percent lower than they were during the same time last year. Continue reading
Even as home prices and rates hit record highs, it’s still possible to attract multiple offers when a property stands out or it’s priced to sell. “We priced it right — right away,” one agent told Inman. Continue reading
Despite mortgage rates near 7 percent and generationally high inflation, thousands of people still need to move in the next year and need help in navigating homebuying in the pricy market. Continue reading
Proposed regulations in Park City, Utah, would restrict Pacaso to areas reserved for timeshares. A vote is scheduled for Oct. 27 and could provide a blueprint for critics in other communities. Continue reading
Approximately 5% of Zillow’s workforce have been let go as the company shifts its focus towards technology, according to a new report published Wednesday. Continue reading
The median sales price of a newly built single family home hovered at $470,000, up from the median sales price of $436,000 in August, according to new Census data released Wednesday. Continue reading
The office will be led by David Ellis, a managing partner at The Agency and Utah native with over two decades of experience in the luxury market. Continue reading
The share of income required to afford a mortgage has risen to 30.2 percent, well above the established norm of 22.8 percent of a homeowner’s income, according to an analysis by Zillow released Thursday. Continue reading
Existing-home sales sagged 1.5 percent to a seasonally adjusted annual rate of 4.71 million, 23.8 percent lower than in Sept. 2021, according to data released Thursday by the National Association of Realtors. Continue reading
David Parnes, Tiffany Pantozzi, Bianca D’Alessio and Jill Biggs discussed their strategies heading for a slowed down fall market, at Inman Connect. Continue reading