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
The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April. Continue reading
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
New listings are up 19.1 percent year over year, but demand continues to outpace new listings, leading to increasingly fewer days on market. Continue reading
Realtor.com’s latest weekly market report showed a boost in new listings during the last week of April — a hopeful signal that lower home prices are near. Continue reading
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
Soaring home prices have fueled talk of a bubble. Economists, however, think a gradual slowdown is more likely than a sudden pop. Continue reading
There aren’t enough homes for everyone who wants them. That’s driving up prices and stretching agents thin. Continue reading
“I’m from California, it’s the cheapest apple I’ve ever seen,” one bidder says in a TikTok that skewers real estate bidding wars. Continue reading
At Inman Connect Now, San Francisco Bay Area agents offered advice for managing buyer and seller expectations, maximizing sale prices and getting more listings. Continue reading