Tag Archives: COVID-19

More and more homes are languishing on the market

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In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. Continue reading →

After a big 2023, make no mistake: Artificial intelligence is here to stay

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A year after ChatGPT burst onto the scene, real estate professionals told Inman that AI and AI-backed companies are on the way to becoming a baked-in part of the modern real estate business. Continue reading →

High-income renters are top prize as ownership hurdles pile up: Poll

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Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman. Continue reading →

Successful agents show up, Robert Reffkin says in remote-work rebuke

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During an Inman Connect panel on Wednesday, Compass’ CEO argued the brokerage’s in-person philosophy gives it an advantage over rival firms “charging the least and giving you the least.” Continue reading →

Demand for urban homes will be ‘muted’ for years: McKinsey

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Consulting firm McKinsey & Company has found that pandemic-induced hybrid work is here to stay, for better or worse, ensuring permanent consequences for real estate agents in larger cities. Continue reading →

Chris Heller: Brokerages and teams are playing chicken. Who will win?

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The chief real estate officer at OJO also believes teams will continue to get bigger, and that new agents will be willing to trade money for opportunity. Continue reading →

Will migration fizzle out in 2023? History points to existential shift

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The migration trends that drove housing demand during the pandemic are ending. But that doesn’t mean people aren’t moving, according to an Inman analysis of historic data. Continue reading →

‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

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Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis. Continue reading →

Read Inman’s exclusive Roadmap to Real Estate’s Future

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Brad Inman writes a letter to the real estate industry, published here in full, alongside the publication of Inman’s Roadmap to Real Estate’s Future that grew out of three days of conversations and insight at Disconnect 2023. Continue reading →

As locals balk, foreign buyers take renewed look at US homes

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Real estate firms that work with foreign buyers have seen an uptick in business from outside the U.S., “The Wall Street Journal” reports. Continue reading →