New-home sales off to a roaring start with record January bump

Loan applications for new-home purchases were up 19 percent from a year ago in January, according to an MBA survey of builders that’s been an accurate predictor of trends. Continue reading

A recovery in new listings is easy to miss — but it may be underway

Winter is always slow, but new listings have been trending toward normal levels in recent months, according to a new Intel analysis of US homes for sale. Lower rates may only speed up the process. Continue reading

Rate drop leads to 3rd consecutive month of listing gains

Active and new listings experienced single-digit increases for the third consecutive month in January, according to Realtor.com’s latest market report. The boost in listings also brought buyers out, leading to a four-day decrease in the median days on… Continue reading

Tale of 2 housing markets will linger into 2024, Zonda economist warns

With listings still in short supply, homebuyers are “dealing with an affordability shock” and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY. Continue reading

Talk and tech tools to help agents thrive in 2024

Tech and team leaders at different sessions at Inman Connect New York on Tuesday stressed how agents can think outside the box to provide solutions for themselves, their clients, and other agents in the industry. Continue reading

NAR enrollment fell in 2023. Here’s where membership rose — and why

NAR membership declined by 1.4 percent in the 12-month period that ended in October, with state-level enrollment hewing closely to local housing metrics, according to a state-by-state analysis by Intel. Continue reading

Hallelujah! Finally, some good news about the real estate market

You loved last week’s good news on mortgage rates, and this week brought even more smiles to real estate agents and brokers. Continue reading

Impact of ‘lock-in effect’ on listings may have been overstated

Fannie Mae researchers say rising mortgage rates aren’t the only reason homeowners have been reluctant to sell, and rates coming back down won’t necessarily produce a flood of for-sale listings. Continue reading

How a construction niche produced 1 of the top luxury agents in the US

The former No. 1 Engel & Völkers Americas agent tells Inman how real estate professionals can build top businesses by targeting a niche. Continue reading