Overall home purchases dropped 41%, suggesting investors have pulled back from the market more than consumers during a period of high rates and volatile home prices, according to Redfin. Continue reading
It grew from a way to earn a little extra money renting out a room to a $67B behemoth. Now, heading into a busy travel season, Airbnb looks to return to its roots. Continue reading
New York developer Jeffrey Gural won the right to buy the iconic Manhattan office building months after the original high-bidder failed to come up with the deposit for the building. Continue reading
Federal inflation data showed rent inflation dropped in April, about a year after rent growth rapidly slowed. Three economists explain why it took so long for that to happen and what that means for the future of the rental market. Continue reading
Manual tasks can take up a landlord’s time. But automating jobs and handling maintenance well can help keep renters in place and maximize a property’s revenue stream, experts told Inman. Continue reading
New homes now represent a third of all homes on the market. That’s 2.5 times higher than the historical average for the two decades leading up to COVID-19, according to the NAHB/Wells Fargo HMI. Continue reading
Landlords will want to make sure to cover their bases when it comes to rent payments, security deposits and liability. Here are some tips for what to include in a rental lease agreement. Continue reading
Office-to-residential conversions are on the upswing as remote work destabilizes commercial real estate nationwide. “Everything is on the table,” affordable housing advocate Janan New told Inman. Continue reading
Real estate agent Kouri Richins then wrote a book with her three children to help kids cope with the sudden loss of a parent, according to charging documents in the case. Continue reading
The California coastal town of 85,000 voted unanimously to relegate co-owned homes — like those sold by Pacaso and Ember — to areas that typically don’t have luxury homes in them. Continue reading