Tag Archives: Markets & Economy

Mass rounds of real estate layoffs still the exception, not the norm

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Despite big rounds of layoffs by companies like Compass and Anywhere, payrolls throughout the real estate industry held firm in January, according to a report released Friday by the U.S. Bureau of Labor Statistics.  Continue reading →

Fueled by new wealth, ‘ultra-luxury’ real estate tallies big year in 2022

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Sales of homes valued at $10 million or more in newly emerged or reemerging markets helped propel transactions in that sector beyond pre-pandemic levels in 2022 while falling short of 2021 levels. Continue reading →

Real estate agents of TikTok say a big market shift is afoot

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All across the country, real estate agents are posting positive signs of change from the trenches and revealing they’re suddenly dealing with packed open houses and intensifying bidding wars. Continue reading →

Mortgage rates may ease as modest Fed rate hike could be its last

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Fed Chair Jerome Powell is telegraphing one more small adjustment in March, but some bond market investors think the rate hike campaign may now be over. Continue reading →

Home showings dip in December, but slowdown may be easing

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Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels. Continue reading →

The ownership revolution, dominating Instagram and understanding the consumer

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Three new expert-led classes are available right now. Tune in for the latest industry news, social media advice and consumer behavior trends. Continue reading →

5 secrets behind my best sales year yet, despite the market slowdown

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Top-producing agent Mary Bonham believes that no matter what the market renders, there are key actions we can take as Realtors that’ll improve our business. Continue reading →

US home prices slip for fifth month as market bottom comes into view

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The Case-Schiller index posted a 7.7 percent annual gain in home prices — down from a 9.2 percent gain in October — while the FHFA index showed a 0.1 percent decline in prices between October and November. Continue reading →

Pool of agents working in LA shrunk amid slowdown last year: Analysis

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The number of active real estate agents in LA decreased by 27 percent year over year, falling from 4,800 agents in the fourth quarter of 2021 to 3,500 agents during the same period in 2022. Continue reading →