US debt default may mean tanking sales, huge mortgage costs

A debt default by the U.S. government is unlikely, but if it were to transpire, the cost of a mortgage could increase by 22 percent, pushing rates to a peak above 8 percent in September, according to Zillow. Continue reading

Diversifying luxe marketing can increase income by $10s of $1,000s

The “State of Real Estate Marketing” report released on Friday by Luxury Presence and Sell It Like Serhant surveyed over 1,000 luxury real estate agents to gain insights into agents’ plans for marketing in 2023 and best practices. Continue reading

The Bronx’s Fieldston emerges as 1 of NYC’s priciest neighborhoods

In an unexpected twist, the Bronx neighborhood saw the median property value increase a stunning 149 percent year over year, bumping it into NYC’s 50 priciest ‘hoods for the first time in Q1 . Continue reading

What the latest Fed survey data tells us about consumer psyches

Take a look at the latest SCE Housing Survey which offers a detailed look at consumers’ psyche in regard to the housing market. Continue reading

New-home sales soar to 1-year high in March as purchases leap 9.6%

The strong monthly increase in sales marked the fourth-consecutive month of such increases, as buyers ease back into the market and adjust to a new landscape of higher mortgage rates. Continue reading

Size matters: 4 traits guaranteed to make your penthouse stand tall

A “penthouse” title alone isn’t enough to get a seller top dollar anymore, according to a new report obtained exclusively by Inman from Jim St. André at Compass. Other factors play a key role, too. Continue reading

It’s everyone’s job to fight bias in real estate

As real estate professionals, we have the power to put homeownership within reach for more people and create a ripple effect for generations to come. Continue reading

Don’t knock the She Shed, guys — it could get you a 2.5% premium

Amenities that appeal to cooking enthusiasts, like steam ovens, pizza ovens or professional-grade appliances, can also add as much as 5.3% more to a home’s sale price, a new analysis shows. Continue reading

The bombshell real estate lawsuit has just exploded

With the stakes higher than ever in Moerhl, the real estate industry is facing significant upheaval in terms of how listing and selling agents are compensated. As both Realtors and homeowners await the outcome, the defendants’ next moves — settlement, … Continue reading

Is Homes.com selling your own leads back to you?

This week, Byron Lazine and Nicole White discuss Homes.com’s alleged use of agent names to snag leads, trouble in the commercial real estate industry and the debate around mortgages and affordability. Continue reading