Weak February jobs report moves the needle on mortgage rates

Mortgage rates eased Friday as investors took stock of new data showing employers added 151,000 workers to their payrolls in February and the unemployment rate ticked up to 4.1 percent. Continue reading

71% of real estate agents didn’t close any deals last year

At Inman Connect New York, Redfin’s Joe Rath broke down the views of active agents in the industry, who make up less than a third of all Realtors. Continue reading

Rescuing the American Dream through smart tax incentives

Industry veteran Alex Perriello says that to fix the affordability problem in America, agents need to get involved, and smart tax incentives need to be offered. Continue reading

Billionaires brawl as everyone else just tries to get by: The Download

As mortgage heads from UWM and Rocket fight it out in the press, it seems like both agents and consumers are just wondering how they’re going to pay the bills. Continue reading

Why inland California housing is so exposed to downturn risk: Report

Data provider Attom tracks the 50 U.S. communities most at risk of further housing decline. Half of them are located in one of three places. Continue reading

Need a roomie? Zillow now allows you to list single rooms for rent

Landlords now have the ability to list single rooms for rent on Zillow, as affordability concerns relegate more renters to living with roommates. Continue reading

How this Florida legislation could lead to more sustainable housing

Attorney and new Inman Contributor Rachel Streitfeld examines how changes to Florida’s zoning laws could free up vast tracts of land for high-density new home construction. Continue reading

Simply Homes funded $22M to apply AI to home affordability crisis

Simply Homes applies a more proptech-oriented approach by using an artificial intelligence-generated performance model to determine what each property will require to reach livability and in time, profitability. Continue reading

Missing middle: Home shortage for middle-income buyers hits 320K

The U.S. needs to not just build more new homes, but build more new homes that are affordable to most people, according to a new report from the National Association of Realtors and Realtor.com. Continue reading

‘Affordable housing makes good business sense’: EXIT CEO

Homeownership plays an outsized role in wealth building, but a lack of affordable housing is keeping it out of reach for too many Americans. EXIT Realty CEO Tami Bonnell writes that it makes good professional sense for Realtors to prioritize affordabil… Continue reading