Tag Archives: Markets & Economy

Realtor.com CEO: CoStar made ‘deceptive and misleading’ claims

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Damian Eales told Inman his company is focused on providing high-quality leads and has plans to further leverage the network of its parent company, News Corp. Continue reading →

FHA, VA requests drive pickup in purchase mortgage demand

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Rates surged and then pulled back last week in what could foreshadow more election-year volatility in the months ahead. Jerome Powell tells Congress Fed will remain above the fray. Continue reading →

Multifamily building permits have dropped 30% since 2021: Redfin

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Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday. Between 2021 and 2023, builders filed an average of 18 permits to build multifamily housin… Continue reading →

Suburban Chicago homeowner hit with $30K property tax bill in error

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Homeowner Darryl Lloyd was stunned to receive an errant property assessment of more than $1 million from assessors, causing his bill this year to skyrocket from $1,800 to a whopping $30,000. Continue reading →

Feds want to expand their control over real estate sales to foreigners

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A proposal would expand an existing rule and give the “Committee on Foreign Investment in the United States” power to review real estate sales near 56 military installations in 30 states. Continue reading →

Local MLSs are doomed. The case for data consolidation in real estate

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The thing holding many local MLSs in place is a desire for power and control rather than seeking the best for real estate agents and brokers, writes Mainframe Real Estate founder Sean Frank. Continue reading →

How I secured a Soho penthouse for clients after a 4-day search

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In this luxury case study, learn how The Agency’s Daniel Blatman overcame multiple offers and a short timeline to help his clients meet their goals. Continue reading →

Homebuyer sentiment rebounds in June from May’s record low

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Fannie Mae’s monthly National Housing Survey shows many Americans may be underestimating the odds that mortgage rates will continue to pull back from 2024 peaks. Continue reading →

Zoom in closer: 4 regional housing insights from the Inman Intel Index

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These times have been hard on nearly every real estate business. But different parts of the country report unique challenges and business approaches, as illustrated by Intel’s monthly gauge of industry sentiment. Continue reading →