The condo recovery is underway — but houses remain hotter

Competition for condos has been fierce in the past year as buyers once again looked for homes nearer their cities’ urban centers. This follows an early-pandemic softening in the market segment. Continue reading

January home prices see 4th-largest year-over-year gain in 35 years

The 19.2 percent year-over-year jump was the fourth-largest increase recorded in the 35-year history of the Corelogic Case-Shiller Index. Continue reading

How luxury clients may be impacted by Biden’s wealth tax proposal

The “Billionaire Minimum Income Tax,” as outlined in Biden’s proposal, would require households worth more than $100 million to pay a tax of at least 20 percent on both their income and any unrealized gains — including real estate. Continue reading

As homebuyers pine for options, startups scramble to fill the void

A new class of tech company is responding to the home inventory shortage by taking sellers to the edge of the MLS — and sometimes beyond — with off-market appeals and more. Continue reading

The homebuilding supply chain is broken. How can we fix it?

As homebuyers falter under the weight of scant inventory and booming home prices, everyone is counting on homebuilders to tip the scales by increasing supply. However, the specter of The Great Recession and coronavirus-induced supply chain issues means… Continue reading

Pending home sales dip for 4th consecutive month

Pending home sales decreased 4.1 percent in February from the previous month and were down 5.4 percent from the same period last year, according to the National Association of Realtors Pending Home Sales Index. Continue reading

From ‘Belfast’ to ‘Dune,’ the homes of every Oscar Best Picture nominee

Inman rounded up the homes most prominently featured in this Sunday’s Academy Awards for Best Picture, and broke them down by time, place and estimated home price, as well as what they would cost today, for all the movie buffs following along during th… Continue reading

End in sight for inventory crisis? Yes, but experts can’t agree on when

While 38 percent of experts polled by Zillow believe 2024 will be the year inventory returns to 2019 levels, 36 percent pegged 2023 as the year. The remainder believe we’ll have to wait until 2025. Continue reading

Biden administration lays out bold plan to combat appraisal bias

The five-point plan seeks to make the appraisal industry more accountable, arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry, and leverage federal data to benefit research and policymaking. Continue reading