Tag Archives: Great Recession

NAR’s membership is now shrinking for the 1st time in years

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The organization’s membership was down 0.66 percent in April compared to a year earlier. NAR thinks the numbers may fall even further. Continue reading →

Mauricio Umansky’s winding road from shaky childhood to luxe CEO

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After navigating health scares as a child and struggling a bit early in his career, it was The Agency CEO’s wife, Kyle Richards, who suggested he get a real estate license, which he says was the “best decision ever.” Continue reading →

Will an inventory shortage stymie spring? Look to 1994 for clues

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This spring won’t be easy for homebuyers and their agents, but history is full of examples in which the supply of homes went down, but sales kept chugging along, according to an Inman analysis. Continue reading →

Silicon Valley Bank, proptech hub for real estate clients, collapses

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In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO. Continue reading →

Gary Keller: 2022 poised to become ‘second worst’ deal year in history

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Keller said during Inman Connect, that transactions could be down nearly as much as during the Great Recession, though he added there are still opportunities for those in real estate. Continue reading →

Real estate agents should be ‘chief economists’ for their clients

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Armed with knowledge of market trends, agents can earn sellers’ trust and have more leeway to set strategy, top brokers said at Inman Connect Now. Continue reading →

What are the odds of a housing bubble? 114 experts weigh in

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More than 100 housing experts surveyed by Zillow generally agreed that housing prices won’t face a big downturn. But a mild recession may be in play later this year or in 2023, they believe. Continue reading →

Black homeownership hasn’t slipped, but vast gulf persists

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In the first quarter of 2022, just under 45 percent of Black families owned their home, compared to 74 percent of white families, according to a Redfin analysis of U.S. Census Bureau data released Tuesday. Continue reading →

For years, homeowners were staying put. Is that trend about to change?

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Americans used to spend less time in their homes before selling. Then came the housing crash of 2008. But according to a pair of new surveys, the pandemic may be reversing that change. Continue reading →

The biggest takeaways from Coldwell Banker Gen Blue event

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The pandemic, a big acquisition and the specter of Zillow were all significant parts of Coldwell Banker’s latest gathering. Continue reading →