Barbara Corcoran sees price growth of 10-15% once rates drop

Barbara Corcoran told “Good Morning America” viewers on Wednesday that she doesn’t foresee prices dropping any time soon but could see them spiking once mortgage rates come down. Continue reading

Share of homebuyers looking to move cities hits new high

Homebuyers have been dropping out of the market. Of the ones who are still in, more are eyeing a cross-city relocation, Redfin data suggests. Continue reading

Share of first-time homebuyers hits highest level since 2010: Zillow

Unburdened by rate lock, the share of first-time homebuyers rose to 50 percent this year, according to a new report from Zillow. That’s the highest share since 2010. Continue reading

Housing starts inch up in July as builders scramble to meet demand

Housing starts increased 3.9 percent between June and July to a seasonally adjusted annual rate of 1.45 million units, according to data released Tuesday by the U.S. Census Bureau. Continue reading

‘Run for the fire’ Liz Gehringer shares advice for a downturn

“This is not a time to stabilize. If you stabilize in a market like now you’re going to fall behind. You have to grow,” Redfin’s Jason Aleem said at Inman Connect Las Vegas Wednesday. Continue reading

Got milk? Thirsty agent fined $15K for drinking homesellers’ milk

Mike Rose told Canadian regulators in British Columbia he was on a new medication that made him “unusually dehydrated.” But does that justify drinking his clients’ milk, straight from the jug? Continue reading

Redfin adds new tool that shows home’s risk of damaging winds

Nearly half the people who moved within the U.S. in the past year believe they’ll be impacted by climate change in the next decade, according to a survey the company conducted in the spring. Continue reading

Americans are moving into flood-prone cities at alarming rate: Data

Migration into flood- and wildfire-prone counties has more than doubled since the COVID-19 pandemic began, according to a Redfin analysis of domestic migration data released Monday. Continue reading

Pending home sales fall, but Northeast sees a surge: Data

Sales of pending homes declined 2.7 percent in May and were down 22.2 percent from a year ago, but the Northeast saw a 12.9 percent increase, according to new data from the National Association of Realtors. Continue reading