Housing starts jumped 14.8 percent between October and November to a seasonally adjusted annual rate of 1.56 million. That’s 9.3 percent higher than they were in December 2022. Continue reading
Seattle-based brokerage and mortgage lender Flyhomes announced another round of layoffs on Friday. The company had layoffs in July and November 2022, with one round impacting 20 percent of its workforce. Continue reading
The good news for real estate pros is that closely watched forecasts agree home sales will bottom in Q4 2023, and mortgage rates are looking ready to come down significantly next year. Continue reading
Builder confidence in the market for single-family homes rose three points to a score of 37 during December, the first monthly improvement since August. Continue reading
Join the conversation about the future of the MLS at Inman Connect New York in January, where we’ll be discussing this manifesto, and much more. Continue reading
Reflection, renewal, rethinking the old ways: This is the perfect time of year to reevaluate the way you do things, writes Nikki Beauchamp. Here, she shares 20 questions that should guide the process. Continue reading
LA’s luxury condo market has never seen a sales price above $35 million. But some agents say that under the right conditions, a condo could sell for more — and it soon may be just the right time. Continue reading
NAR President Tracy Kasper appeared on CNBC’s “The Exchange” on Thursday to talk about mortgage rates, affordability and the potential harm of changing the current commission structure. Continue reading
Listings and pending sales hit the highest level in roughly a year, according to a new report from Redfin. Still, a record number of contracts were canceled. Continue reading
Despite unprecedented challenges, and the predictions of naysayers, the residential real estate market showed surprising strength in 2023, according to industry analyst Michael Gifford. Continue reading