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

The 2023 fall housing market won’t look anything like the 2022 market

Windermere Real Estate Chief Economist Matthew Gardner revealed to Intel why an inventory surge in the fall of 2022 may have been a blip — and what that might mean for the housing market. Continue reading

Skittish sellers, hungry buyers: How the Fed tanked housing

Goldman Sachs economist Michael Murdoch criticized the Federal Reserve’s rate strategy at Ben Kinney Companies’ BuiltHOW conference on Tuesday and shared how upcoming policies could impact the 2024 housing market. Continue reading

Consumer homebuying sentiment has plateaued at ‘pessimistic’

Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82 percent also said August was a bad time to buy. Continue reading

Pending home sales climb to 2023 high following months of declines

Pending home sales rose 0.7 percent from June to July, reversing seven months of declines. However, rising rates and home prices are poised to stifle sales growth into the fall, Redfin said. Continue reading

Redfin CEO says housing sales volume has hit ‘rock bottom’

Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get. Continue reading

Gary Keller: A ‘rolling recession’ will hit the US housing market in 2024

Keller Williams kicked off its Mega Agent Camp on Tuesday with remarks from Gary Keller, who warned of a “rolling recession” while predicting agents will survive treacherous economic terrain. Continue reading