As list prices continue to soar, not all homebuyers are willing to play ball

Homesellers have been pushing list prices to new heights, but a report released Thursday by OJO Labs indicates buyers aren’t as eager to shell out for the pricier pads. Continue reading

‘OK Boomer’: Older homebuyers make gains as millennials struggle

Baby boomers made gains over first-time homebuyers in the decade before the pandemic, growing to 24 percent of recent home purchases in 2019, according to a new analysis from Zillow. Continue reading

Mortgage rates continue their ascent onward into mid-October

Rates creeped upward once again across all major mortgage types, part of a rise from their all-time lows earlier this year, according to Freddie Mac’s weekly lender survey. Continue reading

Foreclosures remain low as banks start to churn out post-ban filings

The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels. Continue reading

As Tesla sets its sights on Austin, listing agents near plant shift gears

With news of Tesla bringing its headquarters to Austin and a factory nearing its opening, agents are advising sellers nearby to think big. Continue reading

Real-estate hiring outpaces other industries amid stale jobs report

Employers in real estate and residential construction grew workforces by 0.2 percent on a seasonally adjusted basis, according to Department of Labor survey out Friday. Continue reading

A mansion so nice, she sold it twice: Cindy Ambuehl on a $25M deal

Luxury agent Cindy Ambuehl told Inman how she closed the sale of a $25 million mansion overlooking the Riviera Country Club in Los Angeles. Continue reading

Mortgage rates hold steady following late-September spike

Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board. Continue reading

‘Master bedroom’ nixed from MLS listings in parts of Kentucky, Ohio

Some fair-housing advocates argue the language for a home’s primary bedroom and bathroom carries an uncomfortable racial connotation. Continue reading