Real estate portals feel the heat during a rough week: The Download

After a week of legal battles and portal platform shakeups, real estate leaders break down what it all means for agents on the ground. Continue reading

15% of homebuyers ‘ghosted’ homesellers in September

As Halloween draws near and our minds become preoccupied with witches, wraiths and suddenly seized souls, homesellers are focused on another horror: the growing number of homebuyers backing out of the market. Continue reading

Realtor.com CMO says the future of search is ‘conversational’

In an exclusive interview with Inman, Mickey Neuberger shares early insights from the portal’s new natural language search feature and AI’s part in Realtor.com’s tech blueprint. Continue reading

Ginger Wilcox: Real estate will ‘continue to see consolidation’

In her latest Interview, the Better Homes and Gardens Real Estate Brand president talks competition and the enduring appeal of legacy brands. Continue reading

Homebuyers froze deals at a record rate in August: Redfin

Homebuyers are freezing their purchasing plans at increasingly higher rates, according to Redfin’s latest market report. Fifteen percent of contracts, or 56,000, were canceled in August, the highest level since Redfin began tracking the metric in 2017. Continue reading

48% of Americans blame investors for ‘unreasonable’ housing costs

A staggering 93 percent of Americans believe housing costs are “unreasonable,” according to Searchlight Institute’s latest affordability survey. Continue reading

Massachusetts broker arrested, accused of embezzling $11.6M

Massachusetts broker Stephen D. Webster has been indicted for allegedly stealing $11.6 million from consumers and agents by diverting escrow funds into his business and personal accounts. Continue reading

These are the states where homeowners will benefit most — and least — from new SALT cap

Redfin’s latest analysis reveals the states where homeowners will benefit most from the new state and local tax (SALT) cap, which Congress raised from $10,000 to $40,000. Continue reading

‘Not a shift, a transition,’ 2 reports say of homebuying market

Is it a buyers’ market or not? In separate market reports published on Thursday, Redfin and Realtor.com aimed to answer the question by looking at home price, home sales and inventory trends, which signal that homebuyers are gaining the upper hand — bu… Continue reading

Buyer’s market now in doubt as new listings tank 7.3%

Zillow’s latest market report revealed a burgeoning seller retreat in August, as new listings dropped 7.3 percent in one month. However, there are still plenty of opportunities for buyers to make a deal, especially in the South. Continue reading