Why real estate is struggling to keep up with a rising US economy

The nation’s real gross domestic product grew at an annual rate of 2.8 percent in the third quarter of the year. But with falling sales and tapering price growth, agents could be forgiven for feeling left out. Continue reading

Back-to-back storms tank pending home sales in Florida

Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Continue reading

Russian billionaire’s penthouse among top Manhattan contracts

Penthouses asking $45 million and $39 million topped Manhattan luxury contracts during the week ending Nov. 17, according to Olshan Realty’s weekly luxury report. A total of 37 contracts were signed on properties priced $4 million and up. Continue reading

Housing costs force Americans earning less than $50K to sacrifice

Nearly three-quarters of U.S. residents earning less than $50,000 annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat. Continue reading

The 3 housing regions blazing the most extraordinary paths: Intel

A sleeping giant that’s righting the ship. A crown-jewel destination that’s still in freefall. And a white-hot zone trapped in a low-inventory quagmire. These are the three strangest housing regions in the U.S. today. Continue reading

The ‘luxurification’ of the West faces its growing pains

As “Yellowstone” sunsets this year, Inman took a look at some of the factors that have contributed to the “luxurification” of Western resort towns and asked agents about finding market balance for the haves and have-nots. Continue reading

Corcoran Group welcomes first Mexico-based franchise in Baja

Corcoran The Baja Real Estate Co., owned and led by Blake Harrington, has joined the brokerage’s network and will serve the greater Cabo San Lucas market. Continue reading

Impact of NAR’s commission rule change illuminated in Q3 earnings

In the wake of the National Association of Realtors’ 3-month-old rule change, executives are reassessing agent pay amid pressure on commissions, an analysis of Q3 earnings data shows. Continue reading

Real talk: We need to make housing more accessible for older adults

Planning for the future and promoting accessible, inclusive infrastructure keeps senior adults connected to their communities, Rachael Hite writes. Continue reading

Decline in NAR membership, long expected, hasn’t materialized yet

With 1,526,631 members as of Oct. 31, the National Association of Realtors is on track to end 2024 with its fourth-highest membership numbers on record. Next year, however, is a different story. Continue reading