Tag Archives: homeselling

Home sales see typical boost in May to close a sluggish spring

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The National Association of Realtors recorded 408,000 sales of existing homes in May. Before the pandemic, that number was closer to 530,000. Continue reading →

Builder confidence rises as low inventory hikes new-home demand

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New homes now represent a third of all homes on the market. That’s 2.5 times higher than the historical average for the two decades leading up to COVID-19, according to the NAHB/Wells Fargo HMI. Continue reading →

Redfin calls employees back to the office part-time: ‘No exceptions’

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“Some people will quit over this decision,” Redfin CEO Glenn Kelman told employees on Monday in an internal memo. “No one can say we haven’t made it deliberately.”
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Agents tell hoarder horror stories: ‘The sheriff couldn’t even go in’

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From towering garbage to high-level stench, agents told Inman their most traumatic tales from clutter-inclined clients following the discovery of a home filled with “millions” in old comic books. Continue reading →

Gen Z’s priorities lie with pets not partners in home searches: Survey

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Many Gen Zers would put their pets’ needs ahead of their children’s or partners’ needs if they were to buy a home, according to a survey from Zillow. Continue reading →

Will migration fizzle out in 2023? History points to existential shift

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The migration trends that drove housing demand during the pandemic are ending. But that doesn’t mean people aren’t moving, according to an Inman analysis of historic data. Continue reading →

Retire early with real estate: 7 ways to reach financial freedom

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From house hacking to the BRRRR strategy, try these approaches to reach financial independence with real estate. Better yet, combine several of them for even faster results Continue reading →

‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

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Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis. Continue reading →

Monthly homebuyer payments just hit all-time high as spring arrives

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The typical monthly payment rose to $2,563 this week despite home prices that were down 1 percent, according to data on Friday. That’s the highest monthly payment on record, up 29 percent from last year. Continue reading →

Ohio 4th state to sue MV Realty over allegedly ‘shameful business model’

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Ohio is the latest state to file suit against MV Realty for deceptive practices following probes by regulators over its “homeowner benefit agreements” in Florida, Pennsylvania and Massachusetts. Continue reading →