Tenants in Florida claim the company oversaw a “cartel” that unfairly drove up the cost of rent in markets across the Sunshine State. The claim comes on the heels of a similar suit in California. Continue reading
Mortgage giants’ federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases. Continue reading
With a recession looking increasingly likely, Fannie Mae economists expect national home prices to fall 6.7 percent over the next two years. Continue reading
Existing-home sales fell 1.5 percent nationally between November and December while plunging 34 percent from December 2021, according to data released Friday by the National Association of Realtors. Continue reading
“The key takeaway is this,” CEO Mauricio Umansky said of this year’s report. “Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation.” Continue reading
Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow’s latest market report. The dip was enough for buyers to navigate the winter market, but wasn’t enough for would-be sellers to list. Continue reading
Crystal White, director of agent development at @properties, told Inman ahead of ICNY Jan. 24-26 that real estate pros need to know their business as well as A-list actors know their lines. Continue reading
Overall housing starts clocked in at a seasonally adjusted annual rate of 1,382,000, 1.4 percent below levels recorded in November, according to new data released Thursday by the U.S. Census Bureau. Continue reading
Inman Access is dropping three new classes to help you navigate shifts in investor sentiment, expand your skills as a team leader and get the best tips on leveraging video as a marketing tool. Continue reading
Inventory rose 69 percent, and sales fell 38 percent to close out 2022 as the nation moves away from the frenzied seller’s market and closer to balance, according to a new market report from RE/MAX. Continue reading