Hybrid work, shifts to affordable cities likely to be long-term trends

As many as 60 percent of companies may consider a mix of remote and in-office work, which would have major implications for the housing market, panelists said during a session of the Urban Land Institute’s virtual Spring Meeting conference. Continue reading

Douglas Elliman’s revenue and profit soar in first quarter

The company also saw its sales volume climb to $10.1 billion in the first quarter of 2021, up 71 percent compared to the same period in 2020. Continue reading

Luxury brokerage The Agency adds franchise on Long Island

The office will be the 18th for the Los Angeles-based brand, and will operate in Huntington, about an hour outside of Manhattan. Continue reading

California Association of Realtors teams up with RentSpree

The new partnership will let agents access and use the California Association of Realtors’ rental documents within the RentSpree technology platform. Continue reading

Inman Handbook on comps in these chaotic times

Agents’ expertise has long relied on studying and understanding sales patterns in their markets. But with little inventory and soaring prices, patterns are hard to find. Continue reading

The Inman Handbook on today’s intense inventory crisis

There aren’t enough homes for everyone who wants them. That’s driving up prices and stretching agents thin. Continue reading

Inventory insanity: When will this supply shortage end?

Today’s extremes won’t last forever, but there’s no silver bullet to end the crisis, and it’s likely shortages in some form will drag on for years. Continue reading

Inventory insanity: What it’s like being a homebuyer when there are no homes to buy

With inventory at record lows, homebuyers say losing one bidding war after another is like a “punch to the gut.” Continue reading

Inventory insanity: Notes from ‘exhausted’ agents on the front lines of a crazy market

“There is no middle class any more,” one industry leader said of working in real estate this year. “You’re either crushing it or you’re struggling.” Continue reading

Los Angeles developer Rick Caruso to accept bitcoin as rent

Billionaire Rick Caruso plans to roll out a variety of cryptocurrency programs for consumers, including a customer reward option as well as the ability to pay rent with bitcoin. Continue reading