June home sales see largest decline since 2012: Redfin

Homes also sold at their priciest and quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021. Continue reading

Developers are betting big on these 10 housing markets

A new realtor.com study looked at the 100 largest U.S. metros to find out where land prices have risen the most since the onset of the pandemic. Continue reading

Price cuts, while rare in this market, often lead to greater profit: Zillow

The number of sellers who choose to cut their listing price has dropped by a third over the last year, but a Zillow report found that if the price is dropped at the right time, sellers can net $15,000 over ask. Continue reading

‘You have to manufacture your own inventory’: RE/MAX CEO

RE/MAX CEO Adam Contos talked to Inman about low inventory, commission splits and what agents need to be focusing on in 2021. Continue reading

U.S. existing home prices hit another record high in May: NAR

Median existing-home price across all housing types hit a record high of $350,300 in May, up 23.6 percent from the year before, according to a new report released Tuesday morning by the National Association of Realtors (NAR). Home prices rose across al… Continue reading