Real estate agents received billions in PPP loans during the pandemic

More than $3.9 billion in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80 percent of that amount was forgiven. Continue reading

You told us your exit strategies. A CPA breaks down what works (and what doesn’t)

In a recent Pulse column, Inman asked its readers for their take on their own personal retirement plan or exit strategy. After reading each response, financial planner Jordan Curnutt could not help but let his financial planning brain start running wit… Continue reading

Panthers owner seeks bankruptcy protection for his real estate firm

A real estate LLC operated by David Tepper, the richest owner of an NFL team, filed for Chapter 11 after an $800 million project fell through. Continue reading

Zombie foreclosures post 1st increase since moratorium’s end

The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading

How are your clients funding their purchases? Pulse

This week, we’re wondering: How are your clients funding their purchases, especially in the face of higher home prices and interest rates? Continue reading

9 resources that’ll make you look smarter about the economy

Want to get a better grip on the big picture elements that affect your business and personal finances? Here are nine ways to easily stay informed every day. Continue reading

What’s next after housing cools down? This economist has an idea

Mortgage rates are up, and demand for homes is edging down. Redfin Chief Economist Daryl Fairweather laid out a possible scenario of what the months ahead might look like at Connect Now. Continue reading

Black homeownership hasn’t slipped, but vast gulf persists

In the first quarter of 2022, just under 45 percent of Black families owned their home, compared to 74 percent of white families, according to a Redfin analysis of U.S. Census Bureau data released Tuesday. Continue reading

Lumber prices seesaw lower, and some homebuilders aren’t happy

The price of lumber took a big dip to start the week, just the latest unexpected shift in the cost of building a new home. Continue reading

How to help a homebuyer sweeten an offer — without going too far

Contingency clauses are there to protect buyers and shouldn’t be dropped lightly. Here’s how agents can help advise clients navigating the tricky situations that offer-sweeteners can create. Continue reading