Why tough conversations with buyers can’t wait

With chronic inventory shortages and rising home prices in markets around the country, having tough conversations with homebuyers is both inevitable and necessary, so don’t delay them, panelists at Inman Connect Las Vegas advised on Tuesday. Continue reading

Homeowners are staying in place longer. What’s it mean for agents?

By 2037, the median homeownership tenure will nearly double from eight years to 15 years. Here’s what 11 ERA broker-owners are doing to thrive through the market shift. Continue reading

Lumber prices finally drop and the stockpilers prepare to sell

After soaring lumber prices fueled conspiracy theories this spring, and challenged homebuilders faced with an inventory shortage, prices are starting to come down. Continue reading

Be an off-market pro: 10 tips to find hidden inventory

With more buyers competing for fewer homes, it’s more essential than ever for agents to find ways to stay relevant. And the best way to do that is to bring your clients inventory they didn’t even know existed. Here’s how. Continue reading

Connecting with Mauricio Umansky: The looming luxury shortage

“There is a tremendous shortage of inventory, and I think it’s the only thing holding us back,” the founder of The Agency told Inman leading up to Inman Connect this month. Continue reading

Knowing new construction gives you a competitive edge — here’s why

The inventory shortage isn’t going to last forever. In the meantime, studying the economy, real estate market statistics and particularly the new home construction process will make you a fierce competitor in today’s market and the future.  Continue reading

Is the inventory dam about to burst?

Given the soaring costs we’re seeing in almost every aspect of our lives, the end of forbearance programs and rent moratoriums, coupled with the age of boomers who own 42 percent of the inventory, the inventory dam has definitely started leaking. Continue reading

NAR: Housing market is ‘topping out’ due to inventory shortage

Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up. Continue reading

Bubble Trouble: The housing crash will be even worse than I predicted

This is the homeseller market crash. Inventory is at historic lows, affordability is rapidly eroding, and rates are climbing. In this first of two opposing opinion pieces on the housing crash, Chris Drayer shares why the classic phrase “now is the time… Continue reading

A Coldwell Banker broker shares what it’s like to be a seller right now

Kris Darwin, a Coldwell Banker sales manager in Louisiana, shares how an agent’s sales pitch taught her an important lesson about relationships and empathy. Continue reading