The shift has begun — but rate hikes won’t be housing’s Achilles’ heel

Experts expect home sales and price growth to slow down, but they don’t think rising rates will knock everyone out of the market. Continue reading

What’s next after housing cools down? This economist has an idea

Mortgage rates are up, and demand for homes is edging down. Redfin Chief Economist Daryl Fairweather laid out a possible scenario of what the months ahead might look like at Connect Now. Continue reading

Where is Anywhere headed? Toe-to-toe with Zillow

A week after announcing Realogy’s rebrand as Anywhere, CEO Ryan Schneider shared his plan for beating Zillow at direct-to-consumer business on Thursday at Inman Connect Now. Continue reading

Black homeownership hasn’t slipped, but vast gulf persists

In the first quarter of 2022, just under 45 percent of Black families owned their home, compared to 74 percent of white families, according to a Redfin analysis of U.S. Census Bureau data released Tuesday. Continue reading

Move Inc.’s revenue growth falls to single digits amid market shift

Realtor.com parent company Move Inc’s revenues increased 5 percent year over year to $170 million in fiscal Q3. Declining referral and lead volume was responsible for the slowing growth. Continue reading

For years, homeowners were staying put. Is that trend about to change?

Americans used to spend less time in their homes before selling. Then came the housing crash of 2008. But according to a pair of new surveys, the pandemic may be reversing that change. Continue reading

5 reasons to be optimistic about the 2022 housing market

At the National Association of Realtors’ national conference on Friday, NAR Chief Economist Lawrence Yun shared promising insights about 2022. Continue reading

Rising mortgage rates won’t be ‘major deterrent to homebuyers’

Although rates will rise, they will remain very competitive when compared to historic averages, and it would take a significantly greater increase in rates to negatively impact prices. Windermere Chief Economist Matthew Gardner explains why. Continue reading

Consumers reflect shifting market: Here’s what you should know

Windermere Chief Economist Matthew Gardner dives into how consumers feel about the market based on Fannie Mae’s latest Home Purchase Sentiment Index survey. The incremental shifts across the results indicate that consumers are feeling the market cool. Continue reading