Homebuyers remain sidelined despite more listing options

Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading

Inventories on track to normalize in 40% of US markets this year

After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading

Rules on closing costs, PACE loans on CFPB chopping block

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage i… Continue reading

Rules on closing costs, PACE loans on CFPB chopping block

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage i… Continue reading

Home prices hit record high in November despite cooling demand

In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2 percent and 3.8 percent, respectively, according to new data released Tuesday. Continue reading

Nykia Wright vows transparency, turnaround as NAR chief executive

During her first appearance at an Inman Connect event, Wright said she previously brought another entity back “from the brink of extinction and irrelevance” and will now do the same at NAR. Continue reading

AI’s potential for real estate agents is vast, ICNY panelists argue

Industry leaders said Thursday that artificial intelligence is lowering the cost of producing content and that in the future it will make home searches better and more useful. Continue reading

Co-ownership of Michael Jordan’s former mansion starts at $1M

After languishing on the market for more than a decade, the basketball legend’s Highland Park, Illinois, estate is now a timeshare, with co-ownership beginning at $1 million, plus 2 percent annual expenses. Continue reading

6-year Restb.ai study: white kitchens, islands dominate

In its latest study of homes for sale analyzing six years of kitchen pictures, AI company Restb.ai learned that white kitchens with islands are the market’s most sought-after, among other regional findings. Continue reading

Results Realty ERA acquires Mark Allen Realty to expand in Chicago

The acquisition of Mark Allen Realty will create a combined team of 80 real estate agents in three offices as the Anywhere brand grows its footprint across Chicagoland, executives announced. Continue reading