Economists now less certain 2024 will bring much mortgage rate relief

Fed’s “higher for longer” rate strategy could keep home sales from rebounding in 2024 or limit the strength of a recovery, according to two closely followed forecasts. Continue reading

NAR to shed 1M members if shared commission banned, analysts say

A report released Oct. 4 by the investment banking firm Keefe, Bruyette & Woods forecasts commissions to decline by at least 30 percent as a result of ongoing threats to the real estate industry. Continue reading

Sitzer | Burnett: Live updates from the buyer-agent commission trial

The long-awaited Sitzer | Burnett commission trial is underway in Kansas City, Missouri, and Inman is covering it all live as it unfolds. Check back early and often for news, views, schedules and more. Continue reading

What’s ahead economically for Q4 2023 and into 2024 and 2025?

Trainer and coach Bernice Ross talks to CEO and developer Patrick Stone about what’s next for the economy, both in the short and long terms. Continue reading

Moving from NIMBY to YIMBY on workforce housing

Workforce and affordable housing options make communities better and stronger. Broker and advocate Nora Crosthwaite shares strategies to help encourage them in your market. Continue reading

Housing’s stranglehold on inflation poised to decline in months ahead

Inflation rose 0.4 percent in September, a near standstill from August, according to the latest Consumer Price Index Thursday. Economists believe “shelter” will soon recede as the largest contributor to runaway prices. Continue reading

Mortgage rates hit 20-year high as demand ‘close to multi-decade’ low

Homebuyer demand for mortgages inched up slightly last week, as rates climbed to the highest level in more than two decades, according to the Mortgage Bankers Association’s weekly survey. Continue reading