The stories and trends that defined a whirlwind first half of 2023

Intel takes a look back at the market trends, brokerage strategies, Wall Street happenings and legal controversies that shook the past six months and could well define the remainder of 2023. Continue reading

Kendall Bonner: The industry isn’t ready for reality of commission suit

Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they’ll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel. Continue reading

Summer Cooldown: Newly built homes will offer a lifeline for agents

Three leading economists share what’s ahead for the summer, from sellers’ continued struggles with mortgage rates to the resurgence of bidding wars and the gift of new-home sales. Continue reading

New listings plummet 27%, marking biggest annual fall since pandemic

The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher. Continue reading

The inventory recovery suffered a setback. Is it just temporary?

The housing downturn was supposed to bring the market back into balance between buyers and sellers. But recent inventory gains have stalled. Continue reading

Price, cost and value: You (and your clients) should be looking at all 3

While often used interchangeably, these three factors speak to different aspects of your business — and your clients’ decision-making process. Continue reading

It’s definitely a seller’s market: Buyer sentiment sags in poll

With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy. Continue reading

Robert Reffkin: Sub-4% mortgages are ‘handcuffs’ for home inventory

In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3 percent mortgage rate “as a financial asset” — at least for now. Continue reading

Second month of home price gains could signal end to year of declines

U.S. home prices rose 0.7 percent in March, notching a second-straight month of upticks while suggesting declines that began in 2022 may be winding down, according to data from CoreLogic and the FHFA. Continue reading

Massive metro-to-metro home price gaps reach 13-year highs

Agents often say “real estate is local” when speaking to clients, potential leads, and family and friends in need of some sound buying and selling advice. While that phrase has become somewhat cliché, Redfin’s latest data report published on Tuesday pr… Continue reading