Inventory rose 69 percent, and sales fell 38 percent to close out 2022 as the nation moves away from the frenzied seller’s market and closer to balance, according to a new market report from RE/MAX. Continue reading
The next few years appear to be “in solid shape” for off-campus student housing as students flock back to campus and send the demand upward, according to a new report. Continue reading
Opendoor faces a fight for survival after “an abrupt strategy pivot” sent Opendoor into 2023 “without a proven business model.” Here are the five biggest challenges facing the king of a troubled business model. Continue reading
Chris and Roberta Hanley designed a 5,500-square-foot home with mirrored glass to reflect the surrounding 70 acres of desert landscape near Joshua Tree National Park. Continue reading
While the 4.8 percent growth was still above historical norms, it’s the smallest increase since June 2021. Median asking rent in the nation’s 50 largest markets climbed to $1,979 last month. Continue reading
While the nation continues moving away from the pandemic-era lows, it’s doing so very slowly and well below rates seen during the Great Recession. Continue reading
Steve Luthman was picked to lead the Midwest, Southeast and Canada regions; and Syl Apps will head the South America region, the company announced on Wednesday. Continue reading
A slowdown in new leases paired with higher inventory is expected to hike vacancies and put pressure on rents. “The balance of power in the rental market is rapidly shifting to renters.” Continue reading
The number of moves slowed slightly from a record year in 2021 but remained at elevated levels nationwide, according to new data from the U.S. Census Bureau backed by internal metrics from U-Haul. Continue reading
Home prices grew by 8.6 percent compared to a year before but fell by 0.2 percent month over month. By the second quarter, prices are expected to be lower than they were a year before, CoreLogic says. Continue reading