What homebuyers can expect now: Mandatory consults, exclusive reps

As real estate’s new reality takes shape, buyer agents are exploring new ways to streamline processes and communicate effectively with clients, The Medford Team CEO Carl Medford writes. Continue reading

Big life moments aren’t only factor driving homebuyers in 2024: Poll

Active homebuyers are motivated by numerous factors — including a desire to find a larger or nicer home in this high-rate environment — according to the latest Inman-Dig Insights consumer survey. Continue reading

Pandemic redux? Buyers, sellers disagree on the ‘golden rate’: Intel

How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped. Continue reading

Highnote launches AI-powered buyer presentation system

In an exclusive interview with Inman, Highnote founder and CEO Mark Choey unveiled his company’s latest products aimed at helping agents “win buyers” in a post-settlement world. Continue reading

Typical monthly mortgage plunges from all-time high recorded in April

The latest adjustment marks the lowest a typical payment has been in six months — and, with a mere 1 percent month-over-month increase, the smallest uptick in five years, according to a Redfin analysis. Continue reading

Falling rates pique buyers’ interest, but not their pocketbooks

A surprise drop in mortgage rates got homebuyers off the sidelines and into home tours. However, affordability and recessionary concerns have kept buyers from making purchases. Continue reading

Victims awarded $12M in flipper scheme repped by HGTV stars

The Federal Trade Commission (FTC) is distributing $12 million in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC. Continue reading

Forced to move? Not quite. The real reasons buyers are shopping now

A surprising share of homebuyers are seeking to “move up” in home. And the next wave of clients may have different priorities in mind, according to the Inman-Dig Insights consumer survey. Continue reading

Summer slump sees buyers back out of deals at record rates

Rising home prices and mortgage rates, and sticker shock from surprise housing costs, pushed buyers to cancel 56,000 home-purchase agreements in June, according to Redfin. Continue reading