Despite declines, rents are still $305 higher than pre-2020 trends

Despite 11 months of declines, Realtor.com said the typical renter is paying $305 more monthly for an apartment compared to 2019. The greatest rent increases are in Florida and the Midwest. Continue reading

Ed Zorn to the real estate industry: Get rid of commission-sharing now

The attorney and broker dives into the nuances of seller concessions, steering, buyer agents’ jobs, and avoiding future antitrust trouble ahead of his appearances at Inman Connect Las Vegas. Continue reading

Ultra-luxury agent boomerangs from Compass to Keller Williams

Maria Avellaneda rejoins KWNYC after six years at Compass. She will focus on ultra-luxury transactions and lead the franchise’s luxury market in the Hamptons. Continue reading

Housing market bubble ready to ‘pop’ in the South, analyst warns

Nashville-based analyst Nick Gerli sparked a social media firestorm with claims of a bubble. But economists dismissed fears, saying the area is home to some of the ‘most normalized’ markets in the country. Continue reading

Big drop in mortgage rates fuels refis, but homebuyers unmoved

One issue for would-be homebuyers seeking jumbo mortgages is that rates haven’t come down as dramatically as they have for conforming mortgages eligible for purchase by Fannie Mae and Freddie Mac. Continue reading

Number of foreign buyer purchases falls to lowest point since 2009

As the U.S. dollar’s value and home sale prices rose from April 2023 to March 2024, international buyers shied away from investing in U.S. real estate, according to a new report from NAR. Continue reading

A CEO’s perspective on leading through constant change

Leading during times of change is undoubtedly challenging, new Inman contributor Justin Bailey writes, but it also presents an opportunity to propel education, build stronger teams and enhance relationships. Continue reading

Market headwinds stifled new construction growth in June

High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains. Continue reading

Waltz provides foreign investors a foot into US real estate

Waltz promises to use its software-enabled workflow to reduce the time and number of administrative hurdles non-citizens face when looking to invest in the U.S., stating it can be done fewer than 30 days. Continue reading

Ed Zorn: Why mandatory buyer contracts are a ‘big consumer win’

California Regional MLS’s general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas. Continue reading