Author Archives: Daniel Houston

The long-awaited recovery in home inventory is gaining steam

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The fast-paced cycle of the typical US home sale has begun to slow, paving the way for a recovery of the nation’s depleted home inventory. Continue reading →

Are sellers aiming too high? Price cuts abound throughout the US

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More sellers dropped their asking prices in June almost everywhere in the U.S. In some places, more than half of homes for sale saw a cut. Continue reading →

Real estate agents should be ‘chief economists’ for their clients

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Armed with knowledge of market trends, agents can earn sellers’ trust and have more leeway to set strategy, top brokers said at Inman Connect Now. Continue reading →

Housing costs eyed as major culprit in latest 9.1% inflation hike

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Housing costs were one of the biggest drivers of inflation in June, pushing higher at a pace unseen since 1990, according to a report Wednesday from the Bureau of Labor Statistics. Continue reading →

Investor interest in real estate tech is beginning to wane, new study says

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It’s been a banner year so far for proptech companies. But there are early signs that investors may be starting to pull back, according to the Center for Real Estate Technology & Innovation. Continue reading →

15 closing gift ideas on Amazon Prime Day for real estate agents

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Amazon’s annual sale event returns Tuesday and Wednesday. Here are some of the Amazon Prime Day items real estate agents can scoop up at a discount for terrific buyer closing gifts. Continue reading →

More than half of homebuilders report cancellation increase in June

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In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first set in during March of 2020. Continue reading →

June jobs report reveals impact of layoffs on real estate industry

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Fears of impending recession and a slew of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the U.S. Bureau of Labor Statistics. Continue reading →

Programming and paranoia: Do we want our homes to spy on us?

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Most users of smart-home technology are happy with their choice. But when asked whether they felt more secure, they’re split down the middle, according to a new Mortgage Cadence survey. Continue reading →