Redfin iBuyer offers usually rejected: Redfin chief executive

Glenn Kelman said most who receive offers from his company’s iBuyer program reject those offers, but he argued that the program still helps sell houses. Continue reading

Home prices in November climbed nearly 6% year-over-year

U.S. home prices rose 0.4 percent from October to November and 5.8 percent year-over-year, according to data from the Federal Housing Finance Agency. Continue reading

The shutdown is tripping up real estate deals across the country

With no end in sight to the shutdown — which began in December and hinges on political leaders disagreement over funding for a border wall — Realtors say the dire affects are seeping into more and more corners of the industry. Continue reading

Prices surging in areas devastated by California’s Camp Fire

The hottest real estate market in December wasn’t San Francisco, New York City or Seattle. It wasn’t a ski town in Colorado or a warm retreat like Key West. Continue reading

Agents praise Elon Musk — but impact of tunnel remains unclear

A tunnel under Los Angeles is opening to the public and Realtors say it could improve the city — though no one is sure if the efforts will draw homeowners. Continue reading

California Realtor reported missing

According to a spokesperson for the Roseville Police Department, Briana “Bri” Ferguson, 41, was last seen on Friday, December 14 at around 2:48 p.m. in her home in west Roseville. Ferguson is described as approximately 5-feet 8-inches tall, with brown … Continue reading

Fire-ravaged California will recover — but it will take time

California communities devastated by ongoing wildfires will recover. But in the meantime, they may be in for more pain as the destruction cascades across local markets. Continue reading

Realtor on Camp wildfire: ‘As horrible as you can imagine, it’s worse’

A fast-moving wildfire is raging through Butte County in California in the Sierra Nevada foothills, north of Sacremento and just east of Chico. One Realtor on the ground told Inman the blaze is “worse than you can imagine.” Continue reading

Growing number of millionaires spurs demand for luxury agents

The number of millionaires in the U.S. skyrocketed to 32 million in 2018 while those with more than $500 million shot up to 1,770, according to a new study. Continue reading