As midterm elections approach, Zillow crunched housing data and found that enough Americans relocated to key counties in red and purple states in 2021 to potentially shift political leanings. Continue reading
Instead of making significant changes in your real estate business, broker-owner Gavin Payne recommends making smaller tweaks to navigate a shifting market smartly.
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Pending sales fell 10.2 percent between August and September, according to new data released Friday by the National Association of Realtors, 31 percent lower than they were during the same time last year. Continue reading
Even as home prices and rates hit record highs, it’s still possible to attract multiple offers when a property stands out or it’s priced to sell. “We priced it right — right away,” one agent told Inman. Continue reading
Hits to broker commissions and home construction drove a decline in real estate gross domestic product in the third quarter of the year, new data shows. Continue reading
Affordability concerns weigh on nearly every corner of the housing market as the economy tips toward a possible recession, according to a new survey of real estate experts. Continue reading
Despite mortgage rates near 7 percent and generationally high inflation, thousands of people still need to move in the next year and need help in navigating homebuying in the pricy market. Continue reading
Instead of disputing the economic news, searching for a ray of sunshine, or ignoring it, Compass’ Rich Hopen goes beyond the headlines to understand what is going on. Continue reading
The median sales price of a newly built single family home hovered at $470,000, up from the median sales price of $436,000 in August, according to new Census data released Wednesday. Continue reading
With a Fed meeting looming next week, rates on 30-year fixed-rate mortgages have surged well past the 7 percent threshold, a Mortgage Bankers Association survey released Wednesday shows. Continue reading