Nearly 1 in 9 US homes command $1M as luxury prices soar in June

The share of U.S. homes valued at $1 million or more stopped shy of a record notched last summer as high mortgage rates and low inventory drove home prices upward in June, a Redfin analysis shows. Continue reading

It’s time to put American innovation to work for housing

America was built on innovation, yet we’ve thrown up our hands when it comes to our most intractable housing problems. As real estate experts, it’s time for us to get busy. Continue reading

Low inventory propped up price growth this spring

U.S. home values grew 1.4 percent between April and May of 2023 — slower than the past two springs but faster than both the 2018 and 2019 spring markets. Continue reading

70+ strategies to generate listings in today’s market

No matter what the market conditions, a well-balanced real estate business requires listings. Here’s how to find them. Continue reading

Frustrated with inventory? 5 tips for getting creative

Working in a low inventory market can be frustrating for all parties involved. Broker Julie Bubsy offers advice on how to create inventory for your clients when there is seemingly nothing there. Continue reading

Time to get creative: 3 strategies for finding buyers homes

Buying a home is hard, but it’s not impossible. As a knowledgeable expert with a fiduciary duty to your clients, it’s your role to help buyers weigh and evaluate their options. Continue reading

Gentle persuasion: Help your buyers change the narrative on low inventory

The low inventory problem isn’t always with the market, according to broker Cara Ameer. Sometimes it’s with buyer expectations and the way you manage them (or don’t) as their real estate agent. Here’s a letter she wishes she could send to every wannabe… Continue reading

US home sales prices hit another all-time high, leaving buyers in the dust

A new report released Wednesday by Redfin painted a bleak picture for homebuyers already fatigued by a tough market. Continue reading

RE/MAX in 2022: Modernizing the franchise model, teams and more

Creating a robust teams structure, filtering out industry noise and innovating the franchise model are all challenges RE/MAX faces in 2022. Continue reading

US sees 8th record-breaking month of high-speed sales

Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com released on Wednesday showed. Continue reading