Single-family rent climbed in November — but at a slower clip

Nationwide, the cost of renting a single-family home grew by 2.9 percent, to an average of $1,455, in November, according to the latest data from CoreLogic. Continue reading

Average multifamily rent grows to $1,419 in US, up 3.2%

Overall, multifamily rents — for example, a unit in an apartment building – have increased 31 percent since 2011. Rising home values, a strong economy, and growing demand for rental housing have all played a role in this growth. Continue reading

Why is Purplebricks’ backer betting hard on hybrid agents?

Axel Springer, the $6 billion European media house, is going “all in” with online hybrid agents, through its investments in Purplebricks and Homeday. It’s making a calculated bet that competing with its real estate agency customers is the best long-ter… Continue reading

Government shutdown delays release of housing data

The U.S. government has been partially shut down for less than a week, but already the closure is blocking access to critical government data, including information that would have shed light on the housing market. Continue reading

These were the biggest iBuyer stories of 2018

The iBuying market exploded this year, to the point that its rapid expansion has become one of the year’s most dominant real estate stories. Continue reading

Very few people believe now is a good time to buy a house

The number of people who believe now is a good time to buy a house is dropping, according to findings released by the National Association of Realtors (NAR). Continue reading