These are the 31 markets where home prices have fallen the most

Price softening continues to spread from the Sunbelt into the Western U.S. and the inventory of homes for sale is growing at an accelerating pace, ICE Mortgage Technology reports. Continue reading

The pursuit of home: What we’re really celebrating this 4th of July

As we celebrate Independence Day, Troy Palmquist looks at where the dream of homeownership went off the rails and how the real estate industry helps — and hurts — homebuyers. Continue reading

Inventory has doubled in nearly half of the US’s largest markets

Robust new construction activity and subdued homebuyer demand has led to an inventory boom in 22 of the 50 largest markets, with metros in the South and on the West Coast seeing active inventory double compared to 2019. Continue reading

Mortgage rates are coming down. Does the trend have any legs?

Hopes that home sales will pick up may hinge more on additional inventory coming onto the market, which is expected to cool or reverse home price gains. Continue reading

Despite weak demand, brokerages logged revenue growth this spring

The progress came even as competition for listings cooled across the country. Inman breaks down how the industry navigated the spring homebuyer season using insights powered by Market View. Continue reading

How homeowners, not builders, are driving Denver’s inventory boom

How is Denver out so far in front of the pack? Without a building boom, owners of existing homes are flouting a ‘rate lock-in’ and weak demand in a way that helps explain a broader national trend. Continue reading

2 Americas: Housing markets the Great Rebalancing has left behind

The market has undeniably shifted from the extreme seller’s environment of the early pandemic. But in much of the U.S., buyers still face substantial inventory constraints, an Intel analysis shows. Continue reading

Some markets look vulnerable as home price appreciation cools

Experts polled by Fannie Mae expect national home prices to keep climbing, but see Austin, Tampa, Dallas, Denver, Houston, Miami and Phoenix as markets most likely to see price declines. Continue reading

Compass scoops up Seattle luxury agent Brian D. Hopper

Hopper previously worked at Sotheby’s, and also spent many years working professionally as a firefighter. He joins Compass at a time of growth for the brokerage. Continue reading

Zillow isn’t backing down on remote work

At Fortune’s Workplace Innovation Summit, Zillow Chief People Officer Dan Spaulding praised the portal’s Cloud HQ and how it’s boosted employee productivity and morale. Continue reading