Modest gains help agents see path to recovery: Client Pipeline Tracker

Homebuyers are still only dipping their toes back into the market. But it’s enough for agents to feel cautiously optimistic again about the year ahead — and dream a little bigger. Continue reading

Why Trump’s moves to control Fed could send mortgage rates higher

If bond market investors get cold feet about buying government debt and mortgage-backed securities, that could push long-term interest rates higher, even if the Fed cuts short-term rates. Continue reading

US home prices see modest annual gains, but lag behind inflation

The S&P Cotality Case-Shiller Index reported home price gains of 1.9 percent while the FHFA reported nationwide home price gains of 2.9 percent. Inflation sits at 2.7 percent, which still leaves consumers in a sticky situation. Continue reading

Mortgage rates hit 10-month low, spurring lower monthly payments

The dip is due to a weak July jobs report, a neutral inflation report and home sale prices moving past their peak as fall approaches. Those factors give buyers significant leverage. Continue reading

Summer sales have hit their slowest pace in 10 years

A growing number of homes sitting longer on the market has made buyers more relaxed about transacting, causing some to wait it out or even cancel contracts because they have more options. Continue reading

Here’s the data you need to grow your real estate business right now

The agents who will thrive this year aren’t waiting for the market to change, Jimmy Burgess writes. They’re making the market work for them. Continue reading

Track your housing market in detail with these 2 new interactive tools

Extraordinarily detailed maps. Multi-market comparisons. Inman Market View takes another step forward — putting even richer visual data insights directly in the hands of real estate professionals. Continue reading

Once shaky, summer market picks up steam: Client Pipeline Tracker

While hard sales numbers won’t be available for a few weeks, the latest Intel Index survey found signs that real estate agent client pools in July benefitted from an unexpected influx of homebuyers. Continue reading

Here’s what a Redfin data journalist learned from taking a $25K bath on the sale of his house

Senior data journalist Mark Worley co-authored a new Redfin report showing that roughly 6 percent of U.S. homesellers are at risk of selling at a loss. The analysis hit close to home — he and his wife just did exactly that, selling their St. Louis home… Continue reading

Backers of rival mortgage credit scores wage public relations war

As new scoring models by Fair Isaac and VantageScore vie for acceptance by Fannie Mae and Freddie Mac, claims and counterclaims fly. In the meantime, mortgage giants are stuck with FICO Classic. Continue reading