Author Archives: Daniel Houston

Manhattan luxury-condo sellers are giving in to buyer demands

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Even as transactions are going through for higher-priced condos and apartments, sales in the lower price tiers have been drying up. Continue reading →

Kendall Bonner: The industry isn’t ready for reality of commission suit

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Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they’ll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel. Continue reading →

A first-time buyer in WW2, client becomes homeowner again at 100

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The North Carolina centenarian, who bought her first home in the 1940s, is settling in at the “lovely house” where she’ll live with her son, news station WSOC-TV reported. Continue reading →

DOJ: Ron DeSantis’ foreign-buyer property ban in Florida is unlawful

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Department of Justice officials claimed last week the bans on some foreign citizens buying property in Florida violate the Fair Housing Act and the U.S. Constitution. Continue reading →

Property investing is so hard, even Spencer Rascoff steers clear of it

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The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview. Continue reading →

New listings plummet 27%, marking biggest annual fall since pandemic

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The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher. Continue reading →

DelPrete: Legacy brokerages can no longer dismiss lower-fee models

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For too long, Mike DelPrete argues, legacy brokerages shrugged off their low-fee competitors. Some of those barbs haven’t aged well. Continue reading →

Home sales see typical boost in May to close a sluggish spring

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The National Association of Realtors recorded 408,000 sales of existing homes in May. Before the pandemic, that number was closer to 530,000. Continue reading →

Builders are back on track. Here’s what that means for real estate

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It wasn’t easy, but builders survived the market downturn without mass layoffs. And they’ve clawed their way back near normal sales levels. Continue reading →

The inventory recovery suffered a setback. Is it just temporary?

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The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled. Continue reading →