Author Archives: Daniel Houston

How hard times can kill a business — or help it find its purpose

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Headbands of Hope founder Jess Ekstrom told real estate professionals at Inman Connect New York that it’s the difficult moments, not the outright successful ones, that shape careers. Continue reading →

Despite March’s home sale slump, prices grow at fastest clip since 2013

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Nearly 4 percent fewer homes sold in March than did the month before, after accounting for seasonal factors. Prices rose by 6 percent, the largest monthly price increase since 2013. Continue reading →

Property tax hikes slowed last year even as home sale prices soared

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The average property tax bill rose by 1.8 percent in 2021. That’s the lowest increase in years, despite record home price growth, according to a new report from Attom Data Solutions. Continue reading →

The iBuying lessons Jason Aleem is bringing to Redfin’s sales team

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After helping Redfin’s iBuyer business navigate a period of change, Jason Aleem is now tasked with leading its sales team into the next era. Continue reading →

Inflation hits 8.5%, highest mark since 1981. Housing is only part of it

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Rents rose by 0.4 percent from February to March — a slowdown from recent months even as gas and food costs spiked, according to the latest Consumer Price Index, released Tuesday Continue reading →

Homeowner support grows for mother-in-law units: Survey

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Homeowners, long resistant to new apartments in their neighborhoods, are increasingly open to other ways of adding housing units, according to a new survey by Zillow. Continue reading →

As supply dwindled, nation’s biggest brokerages gained market share

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The biggest real estate brokerages and franchise networks made big gains in market share in 2021, a new report reveals. Continue reading →

Mortgage rates surge to 5% as era of the ultra-cheap loan begins to fade

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After hovering near 3 percent for nearly two years, mortgage rates have rebounded faster than expected. But amid uncertainty, economists are divided on whether 5 percent rates are here to stay. Continue reading →

CoStar CEO Andy Florance accused of bullying and gunplay: Report

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Dozens of current and former CoStar employees said CEO Andy Florance’s heavy-handed management tactics, which includes publicly ridiculing staffers, made them fearful for their jobs. Continue reading →