NAR enrollment fell in 2023. Here’s where membership rose — and why

NAR membership declined by 1.4 percent in the 12-month period that ended in October, with state-level enrollment hewing closely to local housing metrics, according to a state-by-state analysis by Intel. Continue reading

80% of first-time homeowners say they’ll need a gift to buy again: Poll

Faced with rising prices and rates, buyers are increasingly counting on personal loans and gifts to close deals, according to a survey of 3,000 potential buyers conducted by Dig Insights and Inman. Continue reading

Pending home sales fall to lowest level in more than 20 years

Pending sales fell 1.5 percent month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001. Continue reading

Pending home sales fall to lowest level in more than 20 years

Pending sales fell 1.5 percent month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001. Continue reading

What other cities can learn from LA’s rocky ‘mansion tax’ rollout

LA’s new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests. Continue reading

Signs of a buyer’s market emerge as homeseller concessions return

More than a third of all home sales featured a concession in the past 3 months, according to new data and agents who told Inman that they’re beginning to see signs of a buyer’s market unfold. Continue reading

The activity with best ROI? It’s old-school networking, Intel poll shows

Agents are doubling down on networking to drive business in tough times, according to results from the Inman Intel Index, excerpts of which are available to Select subscribers for the first time. Continue reading

Chris LeBarton: How the Inman Intel Index changes the game

Inman Director of Research Chris LeBarton is tracking industry sentiment at a major inflection point. He shared what he’s learned from results of the inaugural Intel survey — and what’s to come. Continue reading

6 charts that illuminate the latest existing-home sales data

In a series of key charts, Aziz Sunderji of Home Economics and Mike DelPrete, a strategic adviser and global expert in real estate technology, put August existing-home sales in historical context. Continue reading

Nestfully adds 2 prominent Florida MLSs to its search portal

The consumer-facing search experience was devised and is run by California Regional MLS (CRMLS), Bright MLS and REcolorado. It was released in the first quarter of 2023 and designed as an ad-free bridge between consumers and listing data. Continue reading