From ‘Better’ to worse: Real estate companies making layoffs so far

With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Continue reading

Is flat fee the future of real estate? Here’s what to know

As home prices have risen, driven by supply shortages and increased demand, many real estate industry experts have started considering whether the existing commission compensation model is still working. Continue reading

Surplus of Hamptons summer rentals is leading to price cuts

Americans heading abroad for the summer, former Hamptons renters becoming homeowners and a surplus of inventory have all led to the market’s landlords slashing their rental prices this summer. Continue reading

Zombie foreclosures post 1st increase since moratorium’s end

The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading

Is it a housing bubble? Nearly 68% of housing markets are overvalued

Data from analytics firm CoreLogic shows 67.9 percent of U.S. regional housing markets were overvalued as of the latest available data from March, meaning incomes in those markets can no longer support home prices. Continue reading

Home showings see unusual drop in April. Is it a blip or something else?

Showings were down across the U.S. in April, which is strange because April is typically when the housing market hits a high point, ShowingTime President Michael Lane said. Continue reading

Reading market shifts: 3 data sets you should pay attention to

There are three key metrics that everyone in real estate needs to understand, but no one seems to be talking about. Talk to your potential clients, and arm them with the data they need to make solid decisions. Continue reading