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

RE/MAX CEO on why agents need a data-driven approach to sales

RE/MAX CEO Adam Contos is betting on data and encouraging all real estate professionals to do the same for a competitive advantage. Continue reading

Residential construction rose in May, despite material challenges

Single-family housing starts rose modestly, but housing completions and building permits dropped from the previous month, according to the U.S. Census Bureau. Continue reading

Kukun offers buyers more power with newly released iHomeReport

Kukun’s iHomeReport is another weapon in the data bandolier of buyers trying to compete in heated markets or make offers sight unseen. Continue reading