Author Archives: Daniel Houston

With homes selling slower, agents want more from brokers

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Agents face a tougher path to revenue than they did last year. Their brokerages can help, Keith Pike and Donnie Pingaro said Thursday during a Connect Now virtual session. Continue reading →

As Fed walks a tightrope, the balance may swing on housing

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Central bank policymakers are trying to tame inflation while avoiding a deep recession. The home market could throw a wrench in those plans. Continue reading →

5 housing proposals on midterm ballots — and how they shook out

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In dozens of communities across the U.S., affordable housing was on the ballot in the midterms. Here’s how some of the biggest proposals did as results were still being tallied. Continue reading →

‘We still have an appetite’: Howard Hanna eyes growth amid downturn

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Hoby Hanna, the Pittsburgh-based brokerage’s president, told Inman the opportunities for independent brokerages like his are vast as his company positions itself for acquisitions in 2023. Continue reading →

Annual home price gains fall to single digits in most markets: NAR

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Annual home price growth fell from 14 percent in the second quarter to below 9 percent,, according to the National Association of Realtors latest quarterly metro home price report, released Thursday. Continue reading →

3 in 10 homes on market are newly built, the highest share in decades

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A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin. Continue reading →

Homesellers are slashing prices. Here’s how to spot deals right away

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Homebuyers searching for price cuts on search portals are sure to get lucky if they check on this specific day of the week and check back again after 3 weeks, according to a new analysis by Zillow. Continue reading →

US hiring remains strong, but other sectors outpace real estate

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Real estate employers added about as many jobs in September as would normally be expected this time of year, despite the market downturn. Continue reading →

RE/MAX hangs onto slim profit in Q3 amid housing downturn

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Steep declines in core revenue streams like broker fees were offset partly by the acquisition of independent franchise network RE/MAX Integra, according to earnings data on Thursday. Continue reading →

Those claims of appraisal bias? Another study backs them up

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Homes in white neighborhoods are valued twice as high as those in communities of color, even in places with otherwise similar housing stock, according to a study out this week. Continue reading →