The housing sector’s resilience to higher prices and mortgage rates has bolstered prices, but a lack of for-sale inventory is expected to limit sales, according to Fannie’s latest monthly forecast. Continue reading
This week, tune in to hear from proptech power player Dominic Chan as he breaks down the impact of proptech on the industry and the benefits it offers in today’s economy. Continue reading
During his latest CNBC appearance, Compass CEO Robert Reffkin outlined the catch-22 of higher mortgage rates and why early pandemic boomtowns are facing a devastating bust. Continue reading
Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow. Continue reading
Existing-home sales fell 2.4 percent in March to a seasonally adjusted annual rate of 4.44 million — 22 percent lower than a year earlier, according to data released Thursday by the National Association of Realtors. Continue reading
The shop marks the brokerage’s 12th location in the state of Colorado and has been built out of the firm previously known as The Source for Pagosa Real Estate, led by founders Mike and Lauri Heraty. Continue reading
A majority of those born between 1981 and 2013 believe they’d need to win the lottery to be able to afford a home in the U.S., according to a new study by Zillow. Continue reading
Pandemic-era boomtowns and tech hubs fueled an annualized 3.3 percent drop, to $400,528, according to new data. “There’s this fear that everything will crash,” reports one Redfin agent in Boise, Idaho. Continue reading
The dust has begun to settle from the great pandemic home-price boom and bust. An Intel deep-dive analysis sheds light on which markets have been hit hardest by falling prices — and why. Continue reading
A “penthouse” title alone isn’t enough to get a seller top dollar anymore, according to a new report obtained exclusively by Inman from Jim St. André at Compass. Other factors play a key role, too. Continue reading