The long-awaited recovery in home inventory is in full swing. It’s not being driven by a rise in new listings but by the ongoing slowdown in demand from buyers, according to Realtor.com Continue reading
The share of homes listed for 30 days or longer increased 12.5 percent in July compared to a year earlier, with 61.2 percent of homes now sitting on the market for a month or longer, according to Redfin. Continue reading
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin. Continue reading
Boldly jumping into a space already occupied by some very savvy players, there has never been a better place to uncover the new and different than the main stage at Inman Connect Las Vegas. Continue reading
Douglas Elliman’s revenue declined in Q2 as the housing market — particularly the luxury sector — struggled with slower activity, the company said in its third earnings report as a public company. Continue reading
Despite a softening market and a recent FTC fine, Mike DelPrete described Opendoor as well-managed and in possession of enough cash to thrive for years to come, at Inman Connect Las Vegas. Continue reading
Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to either “race to the top” or “race to the bottom.” Continue reading
The largest weekly decline in mortgage rates since 2020 sparks increase in home loan applications after four weeks of declining demand, MBA’s survey says. Continue reading
If you haven’t experienced a buyer’s market before, everything you know about selling real estate is about to be turned upside down. Trainer Bernice Ross is here with the strategies that have helped her successfully weather multiple downturns. Continue reading
The coronavirus pandemic allowed multitudes of people to move away from big coastal cities. A group of luxury real estate leaders at Inman Luxury Connect weighed in on how that trend is progressing. Continue reading