Pending home sales fall further than expected in June

Pending home sales dropped 1.9% in June, and 1.9% year over year to an index of 112.8, according to the National Association of Realtors’ Pending Home Sales Index, released Thursday. Continue reading

Startup homebuilder Welcome Homes hires Compass executive

With the hire of Benjie Burford, Welcome Homes is poised to grow its personnel by 500 percent and expand into multiple markets by next year. Continue reading

WATCH: The slick marketing video behind ‘catastrophic failure’ spec home sale

The marketing video behind 1155 Angelo Drive exudes a calm, modern coolness. But at the time the video was made, developers behind the property were already likely aware of significant waterproofing issues present throughout the home. Continue reading

Agents should probably learn to play nice with institutional investors

Institutional investors are a growing presence in the housing market. The savvy agent should learn their ways — even if it feels unnatural. Continue reading

‘Work your community’: How new agents can adapt to a slowdown

Members of the Inman Coast to Coast Facebook group recently shared tips for new agents on how to change with the times as the market experiences a moderate slowdown. Continue reading

Surfside condo architect had been suspended for faulty designs in past

William Friedman, the architect who designed the Surfside condo building that partially collapsed in late June, had been suspended by Florida’s board of architecture in 1967 for designing buildings that could not withstand 1965’s Hurricane Betsy. Continue reading

The Agency launches in Calgary, adding to its Canadian offices

The new Canadian office will join a number of the brokerage’s existing offices across the country, which include locations in Toronto, Victoria, Oakville, Kitchener and Cowichan. Continue reading

Canadian luxury market beginning to normalize: Engel & Völkers

Trends like multigenerational living, buying second homes and moving to more rural areas may remain popular in the Canadian luxury real estate market for the long haul, according to Engel & Völkers 2021 Mid-Year Canadian Luxury Real Estate Market … Continue reading

Meet the 2 agents on California’s gubernatorial recall election ballot

Agents David Bramante (R) and Kevin Paffrath (D) both made the ballot, and are hoping for the chance to make their mark on California politics. Continue reading

Investor home purchases exceed pre-pandemic levels, hit record high

Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading