Bank turmoil could spark ‘modest’ recession in second half of year

Fannie Mae economists say jumbo mortgages and construction loans could get more scarce if regional banks tighten lending standards. Continue reading

Pandemic-fueled ‘lock-in effect’ likely to limit new spring listings

Black Knight data shows new listing volume is down 25 percent in January compared to pre-pandemic levels, the biggest drop since most of the country was in lockdown. Continue reading

‘Modest’ recession could put a lid on 2023 home sales: Fannie Mae

Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and for home sales to rebound in 2024. Continue reading

Gary Keller: It’s a do-or-die housing market for real estate agents

In his State of the Housing Market address on Sunday, Keller Williams’ co-founder Gary Keller explained how chaos will force agents to become better competitors — or be left behind. Continue reading

The 1 metric you need to scrutinize, according to a real estate economist

Redfin Chief Economist Daryl Fairweather reveals to Intel the top data point signaling a coming rebound and shares why inflation and mortgage rates will continue to lead the market this spring. Continue reading

Builders are pulling their hair out. Why do investors still love them?

To get a clearer picture of where things stand for builders — and where they’re headed for investors — Inman compiled financial results from the nation’s five largest publicly traded homebuilders. Continue reading

How fiscal prudence in good times can avert a hit to morale later

When the market emerges from this down period, savvy broker-owners will remain judicious with expenses, three top executives said at Inman Connect New York on Wednesday. Continue reading

Agree to disagree: 11 real estate leaders dust off crystal ball for 2023

The market isn’t done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point. Continue reading

The 2023 housing market: A real estate ‘reckoning is at hand’

Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates will continue to dip. Continue reading