Tag Archives: Markets & Economy

The housing outlook is good, but affordability is a growing problem

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Harvard’s Joint Center for Housing Studies report, published Wednesday, dives into economic factors shaping current homebuying and renting landscapes. Continue reading →

What’s a ‘reset’ anyway? A veteran’s take on the Fed chair’s comments

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Interest rates and out-of-whack supply and demand have Federal Reserve Chair Jerome Powell calling for a market “reset.” Jay Thompson offers his take on what that means for the real estate industry. Continue reading →

Home affordability hits 15-year low, passing ‘inflection point’ for buyers

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An increasingly unaffordable home market is affecting homebuyer decisions and altering forecasts for price growth in the months to come, according to a new forecast by Zillow. Continue reading →

US existing-home sales prices tally new record after topping $400K

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Total sales of existing homes, condos and co-ops dropped 3.4 percent between April and May to a seasonally adjusted rate of 5.4 million, according to new data from the National Association of Realtors. Continue reading →

As layoffs spread, here are some resources to help

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Inman has created a Talent Pass that gives newly jobless real estate pros free access to the upcoming Inman Connect Las Vegas. Continue reading →

The seller’s iron grip loosens as bidding wars ease, price cuts rise

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The slowing demand for homes is affecting the balance of power between buyers and sellers, according to two new reports from Redfin. Continue reading →

What’s giving eXp the edge right now? Mike DelPrete

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As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies, says industry data expert Mike DelPrete. Continue reading →

The best and worst ways to handle layoffs as real estate cuts accelerate

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The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others. Continue reading →

The best and worst ways to handle layoffs as real estate cuts accelerate

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The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than others. Continue reading →

Fannie Mae downgrades home sales expectations for 2022 and 2023

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Higher mortgage rates are now “housing market’s primary constraint,” economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5 percent this year. Continue reading →