Redfin economist: The Fed can change its mind

While an abrupt shift in policy isn’t expected, Fed Chair Jerome Powell affirms that, “If things come in better than we expect, then we’re prepared to do less” tightening. Continue reading

Fed decides the fate of the housing market: The Real Word

This week, Byron Lazine and Nicole White discussed how the Fed’s decision will impact the housing market, CoStar’s plans for Homes.com and the TikTok-famous Marketeer of the Week. Continue reading

How inflation actually supports buyer demand: Matthew Gardner

Other than when home prices crashed with the bursting of the housing bubble, for more than 50 years, home price growth has outpaced inflation. According to Windermere Real Estate Chief Economist Matthew Gardner, this means we are offsetting high consum… Continue reading

Win or lose, how to manage your client’s expectations

The complexity of the current real estate market means that client relationships can sour quickly, according to broker Jenny Usaj. That’s why it’s vital to set appropriate expectations upfront. Continue reading

This class action lawsuit threatens all Realtors: The Real Word

This week, Byron Lazine and Nicole White discussed a decision in the bombshell class action lawsuit against NAR and Realogy, Zillow’s revised forecast and Ryan Serhant’s branding advice from ICNY. Continue reading

Corcoran lands top spot in first-ever UrbanDigs NYC brokerage rankings

Corcoran took the top spot in Manhattan and Brooklyn with $2.54 billion in signed contracts, with Compass following close behind, according to the firm’s inaugural NYC quarterly report. Continue reading

Pending home sales keep falling as market conditions ‘normalize’: NAR

Pending home sales dipped for the fifth-straight month in March, with the Pending Home Sales Index dropping 1.2 percent from February to 103.7, according to the National Association of Realtors. Continue reading

New home sales hit 4-month low

New home sales took an 8.6 percent hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to data released Tuesday from the U.S. Census Bureau Continue reading

How do buyers and builders see the housing market? The Real Word

This week, Byron Lazine and Nicole White discussed the differing views of homebuyers and homebuilders when it comes to the housing market and the implications they hold for what’s next. Continue reading

Zillow changes tune on 2023 home values and sales. Here’s why

Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What’s with the downgrade? Continue reading